Lincoln Electric HoldingsLECO -2.62%97 Days Payable is 51.36 as of Mar. 2026, which is 7% above its 10-year median of 47.85. GuruFocus rates LECO with a GF Score™ of 97/100 and a GF Value™ of $236.95 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,997 Industrial Products companies, Lincoln Electric Holdings ranks worse than 68.34% on this metric.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Tools & Accessories subindustry, Lincoln Electric Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lincoln Electric Holdings Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Days Payable distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's Days Payable falls into.
Lincoln Electric Holdings Days Payable Calculation
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Lincoln Electric Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lincoln Electric Holdings (LECO) has a Days Payable of 51.36 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lincoln Electric Holdings and its competitors. This is near median its historical median of 47.85. Over the past decade, Lincoln Electric Holdings' Days Payable has ranged from 40.40 to 54.17. According to the industry distribution chart, Lincoln Electric Holdings ranks #2048 out of 2997 companies in the Industrial Products industry, placing it in the top 68.3%.
Is Lincoln Electric Holdings' Days Payable too high?
Lincoln Electric Holdings' current Days Payable of 51.36 is near median its 10-year median of 47.85. Over the past 10 years, this metric has ranged from a low of 40.40 to a high of 54.17. The Industrial Products industry median Days Payable is 77.54. Lincoln Electric Holdings' value of 51.36 is 33.8% below this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #2048 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lincoln Electric Holdings has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' Days Payable compare to SWK and RBC?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #2048 out of 2997 companies for Days Payable. This places Lincoln Electric Holdings in the lower half of its industry. The industry median Days Payable is 77.54. Lincoln Electric Holdings' value of 51.36 is 33.8% below this benchmark. Historically, Lincoln Electric Holdings' own Days Payable has ranged from 40.40 to 54.17 over the past decade. While the company's 10-year median is 47.85 vs. the industry median of 77.54, Lincoln Electric Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lincoln Electric Holdings's current Days Payable of 51.36 is 33.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lincoln Electric Holdings and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current Days Payable is 51.36, which is near median its own 10-year median of 47.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Electric Holdings stock overvalued right now?
Based on GuruFocus' analysis, Lincoln Electric Holdings (LECO) is currently considered Modestly Overvalued. The stock's GF Value™ is $236.95, compared to a current price of $266.47 — trading 12.5% above its estimated fair value. The current Days Payable is 51.36, which is near median its 10-year median of 47.85 and 33.8% below the Industrial Products industry median of 77.54. Lincoln Electric Holdings' overall GF Score™ is 97/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Lincoln Electric Holdings (LECO), the current Days Payable is 51.36 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lincoln Electric Holdings (LECO) Overvalued in 2026?
Based on GuruFocus' analysis, Lincoln Electric Holdings stock appears to be overvalued.
The current stock price of $266.47 is trading 12.5% above its estimated GF Value™ of $236.95.
GuruFocus considers Lincoln Electric Holdings to be Modestly Overvalued.
Key valuation signals for LECO:
Days Payable: 51.36 (near median its 10-year median of 47.85)
GF Value™: $236.95 vs. price of $266.47 (12.5% above fair value)
Industry Position: 33.8% below the Industrial Products median (#2048 of 2997)
No single metric tells the full story. See the LECO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. Its portfolio includes arc-welding solutions, plasma and oxy-fuel cutting systems, brazing and soldering alloys, and automation solutions. Lincoln Electric serves clients across general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among others. The company generated roughly $4.2 billion in sales in 2025.
97GF Score
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