PolarisMEX:PII 74 Days Payable is 54.96 as of Mar. 2026, which is 35% above its 10-year median of 40.82. GuruFocus rates MEX:PII with a GF Score™ of 74/100 and a GF Value™ of MXN1,160.38. The stock has 10 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Polaris ranks worse than 66.26% on this metric.
Polaris's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN14,380 Mil. Polaris's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN23,873 Mil.
Hence, Polaris's Days Payable for the
three
months ended in Mar. 2026 was 54.96.
The historical rank and industry rank for Polaris's Days Payable or its related term are showing as below:
MEX:PII'
s Days Payable Range Over the Past 10 Years
Min: 26.29 Med: 40.82 Max: 49.99
Current: 48.98
During the past 13 years, Polaris's highest Days Payable was 49.99. The lowest was 26.29. And the median was 40.82.
MEX:PII's Days Payable is ranked worse than 66.26% of 1313
companies
in the Vehicles & Parts industry
Industry Median: 67.12
vs MEX:PII: 48.98
Polaris's Days Payable
increased
from Mar. 2025 (45.86) to Mar. 2026 (54.96).
It may suggest that Polarisdelayed paying its suppliers.
Polaris Days Payable Related Terms
Polaris Days Payable Historical Data
* Premium members only.
The historical data trend for Polaris'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:PII vs THO, PATK, LCII: Days Payable Comparison
For the Recreational Vehicles subindustry, Polaris'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.
Polaris Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Polaris's Days Payable distribution charts can be found below:
* The bar in red indicates where Polaris'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.
Polaris'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.
Polaris (MEX:PII) has a Days Payable of 54.96 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 Polaris and its competitors. This is 35% above median its historical median of 40.82. Over the past decade, Polaris' Days Payable has ranged from 26.29 to 49.99. According to the industry distribution chart, Polaris ranks #870 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 66.3%.
Is Polaris' Days Payable too high?
Polaris' current Days Payable of 54.96 is 35% above median its 10-year median of 40.82. Over the past 10 years, this metric has ranged from a low of 26.29 to a high of 49.99. The Vehicles & Parts industry median Days Payable is 67.12. Polaris' value of 54.96 is 18.1% below this industry median. Based on the distribution chart, Polaris ranks #870 out of 1313 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Polaris has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Polaris' Days Payable compare to THO and PATK?
According to the Vehicles & Parts industry distribution chart, Polaris ranks #870 out of 1313 companies for Days Payable. This places Polaris in the lower half of its industry. The industry median Days Payable is 67.12. Polaris' value of 54.96 is 18.1% below this benchmark. Historically, Polaris' own Days Payable has ranged from 26.29 to 49.99 over the past decade. While the company's 10-year median is 40.82 vs. the industry median of 67.12, Polaris 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 a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.12, based on 1,313 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. Polaris's current Days Payable of 54.96 is 18.1% 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 Polaris and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polaris's current Days Payable is 54.96, which is 35% above median its own 10-year median of 40.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris stock overvalued right now?
Polaris (MEX:PII) has a current Days Payable of 54.96. The stock's GF Value™ is MXN1,160.38, compared to a current price of MXN1,213.00 — trading 4.5% above its estimated fair value. The current Days Payable is 54.96, which is 35% above median its 10-year median of 40.82 and 18.1% below the Vehicles & Parts industry median of 67.12. Polaris' overall GF Score™ is 74/100 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 Polaris (MEX:PII), the current Days Payable is 54.96 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 Polaris (MEX:PII) Overvalued in 2026?
Based on GuruFocus' analysis, Polaris stock appears to be overvalued.
The current stock price of MXN1,213.00 is trading 4.5% above its estimated GF Value™ of MXN1,160.38.
Key valuation signals for MEX:PII:
Days Payable: 54.96 (35% above median its 10-year median of 40.82)
GF Value™: MXN1,160.38 vs. price of MXN1,213.00 (4.5% above fair value)
Industry Position: 18.1% below the Vehicles & Parts median (#870 of 1313)
No single metric tells the full story. See the MEX:PII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polaris designs and manufactures off-road vehicles, including all-terrain vehicles and side-by-side vehicles for recreational and utility purposes, snowmobiles, and on-road vehicles, along with the related replacement parts, garments, and accessories. The firm entered the marine market after acquiring Boat Holdings in 2018, offering exposure to pontoon and deck boat users. It is slated to divest its Indian motorcycle brand to Carolwood in the first quarter of 2026. Polaris products are retailed through more than 2,500 dealers in North America and 1,500 international dealers as well as more than 25 subsidiaries and 90 distributors in more than 100 countries outside North America.
74GF Score
Get the complete analysis for MEX:PII
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:PII has been successfully added to your 
