Hardide (LSE:HDD) Days Payable: 112.05 (As of Mar. 2026) — 24% Above Median


LSE:HDD Hardide PLC LSE:HDD
38 GF Score
Price £0.71
GF Value £0.14
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Hardide Days Payable?

Hardide LSE:HDD -1.39% 38 Days Payable is 112.05 as of Mar. 2026, which is 24% above its 10-year median of 90.18. GuruFocus rates LSE:HDD with a GF Score™ of 38/100 and a GF Value™ of £0.14 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,555 Chemicals companies, Hardide ranks better than 83.09% on this metric.

Hardide's average Accounts Payable for the six months ended in Mar. 2026 was £1.02 Mil. Hardide's Cost of Goods Sold for the six months ended in Mar. 2026 was £1.67 Mil. Hence, Hardide's Days Payable for the six months ended in Mar. 2026 was 112.05.

The historical rank and industry rank for Hardide's Days Payable or its related term are showing as below:

LSE:HDD' s Days Payable Range Over the Past 10 Years
Min: 73.95   Med: 90.18   Max: 140.18
Current: 124.44

During the past 13 years, Hardide's highest Days Payable was 140.18. The lowest was 73.95. And the median was 90.18.

LSE:HDD's Days Payable is ranked better than
83.09% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs LSE:HDD: 124.44

Hardide's Days Payable increased from Mar. 2025 (104.85) to Mar. 2026 (112.05). It may suggest that Hardide delayed paying its suppliers.


Hardide Days Payable Historical Data

* Premium members only.

The historical data trend for Hardide's Days Payable can be seen below:

* 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.

Hardide Days Payable Chart

Hardide Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.49 74.05 90.87 86.42 95.50

Hardide Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 110.19 107.37 104.85 126.90 112.05

LSE:HDD vs LIN, SHW, ECL: Days Payable Comparison

For the Specialty Chemicals subindustry, Hardide'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.


Hardide Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Hardide's Days Payable distribution charts can be found below:

* The bar in red indicates where Hardide's Days Payable falls into.


LSE:HDD
38GF Score
Hardide PLC LSE:HDD
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Hardide 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.

Hardide's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (0.537 + 0.81) / 2 ) / 2.574*365
=0.6735 / 2.574*365
=95.50

Hardide's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.81 + 1.237) / 2 ) / 1.667*365 / 2
=1.0235 / 1.667*365 / 2
=112.05

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 112.05 mean?
Hardide (LSE:HDD) has a Days Payable of 112.05 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 Hardide and its competitors. This is 24% above median its historical median of 90.18. Over the past decade, Hardide's Days Payable has ranged from 73.95 to 140.18. According to the industry distribution chart, Hardide ranks #263 out of 1555 companies in the Chemicals industry, placing it in the top 16.9%.
Is Hardide's Days Payable too high?
Hardide's current Days Payable of 112.05 is 24% above median its 10-year median of 90.18. Over the past 10 years, this metric has ranged from a low of 73.95 to a high of 140.18. The Chemicals industry median Days Payable is 59.95. Hardide's value of 112.05 is 86.9% above this industry median. Based on the distribution chart, Hardide ranks #263 out of 1555 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Hardide has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hardide's Days Payable compare to LIN and SHW?
According to the Chemicals industry distribution chart, Hardide ranks #263 out of 1555 companies for Days Payable. This places Hardide in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.95. Hardide's value of 112.05 is 86.9% above this benchmark. Historically, Hardide's own Days Payable has ranged from 73.95 to 140.18 over the past decade. While the company's 10-year median is 90.18 vs. the industry median of 59.95, Hardide has consistently been above 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 a Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. Hardide's current Days Payable of 112.05 is 86.9% above 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 Hardide and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hardide's current Days Payable is 112.05, which is 24% above median its own 10-year median of 90.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hardide stock overvalued right now?
Based on GuruFocus' analysis, Hardide (LSE:HDD) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.14, compared to a current price of £0.71 — trading 407.1% above its estimated fair value. The current Days Payable is 112.05, which is 24% above median its 10-year median of 90.18 and 86.9% above the Chemicals industry median of 59.95. Hardide's overall GF Score™ is 38/100 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 Hardide (LSE:HDD), the current Days Payable is 112.05 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 Hardide (LSE:HDD) Overvalued in 2026?

Based on GuruFocus' analysis, Hardide stock appears to be overvalued. The current stock price of £0.71 is trading 407.1% above its estimated GF Value™ of £0.14. GuruFocus considers Hardide to be Significantly Overvalued.

Key valuation signals for LSE:HDD:

  • Days Payable: 112.05 (24% above median its 10-year median of 90.18)
  • GF Value™: £0.14 vs. price of £0.71 (407.1% above fair value)
  • GF Score™: 38/100 with 2 warning signs
  • Industry Position: 86.9% above the Chemicals median (#263 of 1555)

No single metric tells the full story. See the LSE:HDD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hardide Business Description

Other Exchanges 9V0:Germany
Address 9 Longlands Road, Bicester, Oxfordshire, GBR, OX26 5AH
Hardide PLC is a UK-based company that acts as a provider of tungsten carbide coatings for metal components operating in abrasive, erosive, corrosive, and chemically aggressive environments. The company provides nanostructured and patented, low-temperature chemical vapour deposition coating which provides wear and corrosion resistance and combines toughness with ductility. It extends the life of critical components across high-value industries and applications including oil and gas, pumps, aerospace, petrochemical, power generation, defense, industrial tooling, and others. The company has it's reportable segments namely UK operation, United States operation and Corporate Central Functions. The majority of the company's revenue is generated from United Kingdom operations.
38GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.71
Price
£0.14
GF Value