Black HillsMEX:BKH 75 Days Payable is 49.02 as of Mar. 2026, which is 17% below its 10-year median of 58.97. GuruFocus rates MEX:BKH with a GF Score™ of 75/100 and a GF Value™ of MXN876.49. The stock has 10 warning signs investors should review. Among 481 Utilities - Regulated companies, Black Hills ranks worse than 57.59% on this metric.
Black Hills's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN4,707 Mil. Black Hills's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN8,762 Mil.
Hence, Black Hills's Days Payable for the
three
months ended in Mar. 2026 was 49.02.
The historical rank and industry rank for Black Hills's Days Payable or its related term are showing as below:
MEX:BKH'
s Days Payable Range Over the Past 10 Years
Min: 47.69 Med: 58.97 Max: 69.63
Current: 59.67
During the past 13 years, Black Hills's highest Days Payable was 69.63. The lowest was 47.69. And the median was 58.97.
MEX:BKH's Days Payable is ranked worse than 57.59% of 481
companies
in the Utilities - Regulated industry
Industry Median: 70.35
vs MEX:BKH: 59.67
Black Hills's Days Payable
increased
from Mar. 2025 (40.02) to Mar. 2026 (49.02).
It may suggest that Black Hillsdelayed paying its suppliers.
Black Hills Days Payable Related Terms
Black Hills Days Payable Historical Data
* Premium members only.
The historical data trend for Black Hills'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 Utilities - Regulated Gas subindustry, Black Hills'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.
Black Hills Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Black Hills's Days Payable distribution charts can be found below:
* The bar in red indicates where Black Hills'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.
Black Hills'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.
Black Hills (MEX:BKH) has a Days Payable of 49.02 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 Black Hills and its competitors. This is 17% below median its historical median of 58.97. Over the past decade, Black Hills' Days Payable has ranged from 47.69 to 69.63. According to the industry distribution chart, Black Hills ranks #277 out of 481 companies in the Utilities - Regulated industry, placing it in the top 57.6%.
Is Black Hills' Days Payable too high?
Black Hills' current Days Payable of 49.02 is 17% below median its 10-year median of 58.97. Over the past 10 years, this metric has ranged from a low of 47.69 to a high of 69.63. The Utilities - Regulated industry median Days Payable is 70.35. Black Hills' value of 49.02 is 30.3% below this industry median. Based on the distribution chart, Black Hills ranks #277 out of 481 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Black Hills has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Black Hills' Days Payable compare to NJR and OGS?
According to the Utilities - Regulated industry distribution chart, Black Hills ranks #277 out of 481 companies for Days Payable. This places Black Hills in the lower half of its industry. The industry median Days Payable is 70.35. Black Hills' value of 49.02 is 30.3% below this benchmark. Historically, Black Hills' own Days Payable has ranged from 47.69 to 69.63 over the past decade. While the company's 10-year median is 58.97 vs. the industry median of 70.35, Black Hills 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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. Black Hills's current Days Payable of 49.02 is 30.3% 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 Black Hills and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Hills's current Days Payable is 49.02, which is 17% below median its own 10-year median of 58.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Hills stock overvalued right now?
Black Hills (MEX:BKH) has a current Days Payable of 49.02. The stock's GF Value™ is MXN876.49, compared to a current price of MXN1,089.00 — trading 24.2% above its estimated fair value. The current Days Payable is 49.02, which is 17% below median its 10-year median of 58.97 and 30.3% below the Utilities - Regulated industry median of 70.35. Black Hills' overall GF Score™ is 75/100 with 10 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 Black Hills (MEX:BKH), the current Days Payable is 49.02 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 Black Hills (MEX:BKH) Overvalued in 2026?
Based on GuruFocus' analysis, Black Hills stock appears to be overvalued.
The current stock price of MXN1,089.00 is trading 24.2% above its estimated GF Value™ of MXN876.49.
Key valuation signals for MEX:BKH:
Days Payable: 49.02 (17% below median its 10-year median of 58.97)
GF Value™: MXN876.49 vs. price of MXN1,089.00 (24.2% above fair value)
Industry Position: 30.3% below the Utilities - Regulated median (#277 of 481)
No single metric tells the full story. See the MEX:BKH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities and Gas Utilities segment. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from gas utilities.
75GF Score
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