Sandvik AB (MEX:SANDN) Days Payable: 53.38 (As of Mar. 2026) — Near Median


MEX:SANDN Sandvik AB MEX:SANDN
81 GF Score
Price MXN730.55
GF Value MXN264.37
! 7 Warning Signs
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What is Sandvik AB Days Payable?

Sandvik AB MEX:SANDN 81 Days Payable is 53.38 as of Mar. 2026, which is 9% above its 10-year median of 48.76. GuruFocus rates MEX:SANDN with a GF Score™ of 81/100 and a GF Value™ of MXN264.37. The stock has 7 warning signs investors should review. Among 2,997 Industrial Products companies, Sandvik AB ranks worse than 67.8% on this metric.

Sandvik AB's average Accounts Payable for the three months ended in Mar. 2026 was MXN20,768 Mil. Sandvik AB's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN35,503 Mil. Hence, Sandvik AB's Days Payable for the three months ended in Mar. 2026 was 53.38.

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

MEX:SANDN' s Days Payable Range Over the Past 10 Years
Min: 44.78   Med: 48.76   Max: 70.33
Current: 51.88

During the past 13 years, Sandvik AB's highest Days Payable was 70.33. The lowest was 44.78. And the median was 48.76.

MEX:SANDN's Days Payable is ranked worse than
67.8% of 2997 companies
in the Industrial Products industry
Industry Median: 77.54 vs MEX:SANDN: 51.88

Sandvik AB's Days Payable increased from Mar. 2025 (51.27) to Mar. 2026 (53.38). It may suggest that Sandvik AB delayed paying its suppliers.


Sandvik AB Days Payable Historical Data

* Premium members only.

The historical data trend for Sandvik AB'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.

Sandvik AB Days Payable Chart

Sandvik AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.73 70.67 55.60 45.41 52.43

Sandvik AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 51.27 0.00 0.00 50.03 53.38

MEX:SANDN vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Sandvik AB'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.


Sandvik AB Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sandvik AB's Days Payable distribution charts can be found below:

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


MEX:SANDN
81GF Score
Sandvik AB MEX:SANDN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Sandvik AB 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.

Sandvik AB's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (19131.806 + 20767.536) / 2 ) / 138872.606*365
=19949.671 / 138872.606*365
=52.43

Sandvik AB'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (20767.536 + 0) / 1 ) / 35503.353*365 / 4
=20767.536 / 35503.353*365 / 4
=53.38

* 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 53.38 mean?
Sandvik AB (MEX:SANDN) has a Days Payable of 53.38 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 Sandvik AB and its competitors. This is near median its historical median of 48.76. Over the past decade, Sandvik AB's Days Payable has ranged from 44.78 to 70.33. According to the industry distribution chart, Sandvik AB ranks #2032 out of 2997 companies in the Industrial Products industry, placing it in the top 67.8%.
Is Sandvik AB's Days Payable too high?
Sandvik AB's current Days Payable of 53.38 is near median its 10-year median of 48.76. Over the past 10 years, this metric has ranged from a low of 44.78 to a high of 70.33. The Industrial Products industry median Days Payable is 77.54. Sandvik AB's value of 53.38 is 31.2% below this industry median. Based on the distribution chart, Sandvik AB ranks #2032 out of 2997 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Sandvik AB has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Sandvik AB's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sandvik AB ranks #2032 out of 2997 companies for Days Payable. This places Sandvik AB in the lower half of its industry. The industry median Days Payable is 77.54. Sandvik AB's value of 53.38 is 31.2% below this benchmark. Historically, Sandvik AB's own Days Payable has ranged from 44.78 to 70.33 over the past decade. While the company's 10-year median is 48.76 vs. the industry median of 77.54, Sandvik AB 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. Sandvik AB's current Days Payable of 53.38 is 31.2% 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 Sandvik AB and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandvik AB's current Days Payable is 53.38, which is near median its own 10-year median of 48.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandvik AB stock overvalued right now?
Sandvik AB (MEX:SANDN) has a current Days Payable of 53.38. The stock's GF Value™ is MXN264.37, compared to a current price of MXN730.55 — trading 176.3% above its estimated fair value. The current Days Payable is 53.38, which is near median its 10-year median of 48.76 and 31.2% below the Industrial Products industry median of 77.54. Sandvik AB's overall GF Score™ is 81/100 with 7 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 Sandvik AB (MEX:SANDN), the current Days Payable is 53.38 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 Sandvik AB (MEX:SANDN) Overvalued in 2026?

Based on GuruFocus' analysis, Sandvik AB stock appears to be overvalued. The current stock price of MXN730.55 is trading 176.3% above its estimated GF Value™ of MXN264.37.

Key valuation signals for MEX:SANDN:

  • Days Payable: 53.38 (near median its 10-year median of 48.76)
  • GF Value™: MXN264.37 vs. price of MXN730.55 (176.3% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 31.2% below the Industrial Products median (#2032 of 2997)

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


Sandvik AB Business Description

Address Kungsbron 1, Section G, Floor 5, Stockholm, SWE, 111 22
Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The group is composed of three segments: mining and rock solutions, rock processing, and machining. Sandvik was founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.
81GF Score

Get the complete analysis for MEX:SANDN

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

MXN730.55
Price
MXN264.37
GF Value