ITM PowerLSE:ITM +0.48%77 Days Payable is 363.63 as of Oct. 2025, which is 320% above its 10-year median of 86.56. GuruFocus rates LSE:ITM with a GF Score™ of 77/100 and a GF Value™ of £1.89 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 2,986 Industrial Products companies, ITM Power ranks better than 97.32% on this metric.
ITM Power's average Accounts Payable for the
six
months ended in Oct. 2025 was £48.82 Mil. ITM Power's Cost of Goods Sold for the
six
months ended in Oct. 2025 was £24.50 Mil.
Hence, ITM Power's Days Payable for the
six
months ended in Oct. 2025 was 363.63.
The historical rank and industry rank for ITM Power's Days Payable or its related term are showing as below:
LSE:ITM'
s Days Payable Range Over the Past 10 Years
Min: 28.5 Med: 86.56 Max: 413.79
Current: 413.79
During the past 13 years, ITM Power's highest Days Payable was 413.79. The lowest was 28.50. And the median was 86.56.
LSE:ITM's Days Payable is ranked better than 97.32% of 2986
companies
in the Industrial Products industry
Industry Median: 78.065
vs LSE:ITM: 413.79
ITM Power's Days Payable
increased
from Oct. 2024 (270.14) to Oct. 2025 (363.63).
It may suggest that ITM Powerdelayed paying its suppliers.
ITM Power Days Payable Related Terms
ITM Power Days Payable Historical Data
* Premium members only.
The historical data trend for ITM Power'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.
For the Specialty Industrial Machinery subindustry, ITM Power'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.
ITM Power Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ITM Power's Days Payable distribution charts can be found below:
* The bar in red indicates where ITM Power's Days Payable falls into.
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.
ITM Power's Days Payable for the fiscal year that ended in Apr. 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.
ITM Power (LSE:ITM) has a Days Payable of 363.63 as of Oct. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ITM Power and its competitors. This is 320% above median its historical median of 86.56. Over the past decade, ITM Power's Days Payable has ranged from 28.50 to 413.79. According to the industry distribution chart, ITM Power ranks #80 out of 2986 companies in the Industrial Products industry, placing it in the top 2.7%.
Is ITM Power's Days Payable too high?
ITM Power's current Days Payable of 363.63 is 320% above median its 10-year median of 86.56. Over the past 10 years, this metric has ranged from a low of 28.50 to a high of 413.79. The Industrial Products industry median Days Payable is 78.07. ITM Power's value of 363.63 is 365.8% above this industry median. Based on the distribution chart, ITM Power ranks #80 out of 2986 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, ITM Power has a GF Score™ of 77/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ITM Power ranks #80 out of 2986 companies for Days Payable. This places ITM Power in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 78.07. ITM Power's value of 363.63 is 365.8% above this benchmark. Historically, ITM Power's own Days Payable has ranged from 28.50 to 413.79 over the past decade. While the company's 10-year median is 86.56 vs. the industry median of 78.07, ITM Power 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.07, based on 2,986 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. ITM Power's current Days Payable of 363.63 is 365.8% 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 ITM Power and its competitors. For the Industrial Products industry, the median Days Payable is 78.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ITM Power's current Days Payable is 363.63, which is 320% above median its own 10-year median of 86.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (LSE:ITM) is currently considered Possible Value Trap. The stock's GF Value™ is £1.89, compared to a current price of £1.26 — trading 33.3% below its estimated fair value. The current Days Payable is 363.63, which is 320% above median its 10-year median of 86.56 and 365.8% above the Industrial Products industry median of 78.07. ITM Power's overall GF Score™ is 77/100 with 1 warning sign 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 ITM Power (LSE:ITM), the current Days Payable is 363.63 as of Oct. 2025. 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 ITM Power (LSE:ITM) Overvalued in 2026?
Based on GuruFocus' analysis, ITM Power stock appears to be undervalued.
The current stock price of £1.26 is trading 33.3% below its estimated GF Value™ of £1.89.
GuruFocus considers ITM Power to be Possible Value Trap.
Key valuation signals for LSE:ITM:
Days Payable: 363.63 (320% above median its 10-year median of 86.56)
GF Value™: £1.89 vs. price of £1.26 (33.3% below fair value)
Industry Position: 365.8% above the Industrial Products median (#80 of 2986)
No single metric tells the full story. See the LSE:ITM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
77GF Score
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