HeicoMEX:HEICO 74 Days Payable is 30.13 as of Apr. 2026, which is 2% below its 10-year median of 30.73. GuruFocus rates MEX:HEICO with a GF Score™ of 74/100 and a GF Value™ of MXN6,202.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 337 Aerospace & Defense companies, Heico ranks worse than 84.57% on this metric.
Heico's average Accounts Payable for the
three
months ended in Apr. 2026 was MXN4,663 Mil. Heico's Cost of Goods Sold for the
three
months ended in Apr. 2026 was MXN14,121 Mil.
Hence, Heico's Days Payable for the
three
months ended in Apr. 2026 was 30.13.
The historical rank and industry rank for Heico's Days Payable or its related term are showing as below:
MEX:HEICO'
s Days Payable Range Over the Past 10 Years
Min: 25.94 Med: 30.73 Max: 33.07
Current: 30.42
During the past 13 years, Heico's highest Days Payable was 33.07. The lowest was 25.94. And the median was 30.73.
MEX:HEICO's Days Payable is ranked worse than 84.57% of 337
companies
in the Aerospace & Defense industry
Industry Median: 65.05
vs MEX:HEICO: 30.42
Heico's Days Payable
declined
from Apr. 2025 (31.08) to Apr. 2026 (30.13).
It may suggest that Heicoaccelerated paying its suppliers.
Heico Days Payable Related Terms
Heico Days Payable Historical Data
* Premium members only.
The historical data trend for Heico'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.
MEX:HEICO vs AXON, CW, FTAI: Days Payable Comparison
For the Aerospace & Defense subindustry, Heico'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.
Heico Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Heico's Days Payable distribution charts can be found below:
* The bar in red indicates where Heico'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.
Heico's Days Payable for the fiscal year that ended in Oct. 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.
Heico (MEX:HEICO) has a Days Payable of 30.13 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Heico and its competitors. This is near median its historical median of 30.73. Over the past decade, Heico's Days Payable has ranged from 25.94 to 33.07. According to the industry distribution chart, Heico ranks #285 out of 337 companies in the Aerospace & Defense industry, placing it in the top 84.6%.
Is Heico's Days Payable too high?
Heico's current Days Payable of 30.13 is near median its 10-year median of 30.73. Over the past 10 years, this metric has ranged from a low of 25.94 to a high of 33.07. The Aerospace & Defense industry median Days Payable is 65.05. Heico's value of 30.13 is 53.7% below this industry median. Based on the distribution chart, Heico ranks #285 out of 337 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Heico has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Heico's Days Payable compare to AXON and CW?
According to the Aerospace & Defense industry distribution chart, Heico ranks #285 out of 337 companies for Days Payable. This places Heico in the lower half of its industry. The industry median Days Payable is 65.05. Heico's value of 30.13 is 53.7% below this benchmark. Historically, Heico's own Days Payable has ranged from 25.94 to 33.07 over the past decade. While the company's 10-year median is 30.73 vs. the industry median of 65.05, Heico 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. Heico's current Days Payable of 30.13 is 53.7% 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 Heico and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Heico's current Days Payable is 30.13, which is near median its own 10-year median of 30.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Heico stock overvalued right now?
Based on GuruFocus' analysis, Heico (MEX:HEICO) is currently considered Fairly Valued. The stock's GF Value™ is MXN6,202.31, compared to a current price of MXN5,980.00 — trading 3.6% below its estimated fair value. The current Days Payable is 30.13, which is near median its 10-year median of 30.73 and 53.7% below the Aerospace & Defense industry median of 65.05. Heico's overall GF Score™ is 74/100 with 4 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 Heico (MEX:HEICO), the current Days Payable is 30.13 as of Apr. 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 Heico (MEX:HEICO) Overvalued in 2026?
Based on GuruFocus' analysis, Heico stock appears to be undervalued.
The current stock price of MXN5,980.00 is trading 3.6% below its estimated GF Value™ of MXN6,202.31.
GuruFocus considers Heico to be Fairly Valued.
Key valuation signals for MEX:HEICO:
Days Payable: 30.13 (near median its 10-year median of 30.73)
GF Value™: MXN6,202.31 vs. price of MXN5,980.00 (3.6% below fair value)
Industry Position: 53.7% below the Aerospace & Defense median (#285 of 337)
No single metric tells the full story. See the MEX:HEICO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Heico is an aerospace and defense supplier that focuses on creating replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates two segments: the flight support group and the electronic technologies group. Both supply the aerospace and defense sectors to different degrees. Heico is persistently acquisitive, focusing on companies in similar or adjacent markets that offer strong cash flow and profitable growth potential.
74GF Score
Get the complete analysis for MEX:HEICO
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:HEICO has been successfully added to your 
