XPMEX:XP N 58 Days Payable is 49.07 as of Mar. 2026, which is 8% below its 10-year median of 53.05. GuruFocus rates MEX:XP N with a GF Score™ of 58/100 and a GF Value™ of MXN680.19 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 539 Capital Markets companies, XP ranks worse than 59.74% on this metric.
XP's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN2,674 Mil. XP's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN4,972 Mil.
Hence, XP's Days Payable for the
three
months ended in Mar. 2026 was 49.07.
The historical rank and industry rank for XP's Days Payable or its related term are showing as below:
MEX:XP N'
s Days Payable Range Over the Past 10 Years
Min: 41.11 Med: 53.05 Max: 79.97
Current: 46.36
During the past 10 years, XP's highest Days Payable was 79.97. The lowest was 41.11. And the median was 53.05.
MEX:XP N's Days Payable is ranked worse than 59.74% of 539
companies
in the Capital Markets industry
Industry Median: 91.02
vs MEX:XP N: 46.36
XP's Days Payable
declined
from Mar. 2025 (57.11) to Mar. 2026 (49.07).
It may suggest that XPaccelerated paying its suppliers.
XP Days Payable Related Terms
XP Days Payable Historical Data
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The historical data trend for XP'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:XP N vs SNEX, FIGR, HLI: Days Payable Comparison
For the Capital Markets subindustry, XP'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.
XP Days Payable vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, XP's Days Payable distribution charts can be found below:
* The bar in red indicates where XP'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.
XP'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.
XP (MEX:XP N) has a Days Payable of 49.07 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 XP and its competitors. This is near median its historical median of 53.05. Over the past decade, XP's Days Payable has ranged from 41.11 to 79.97. According to the industry distribution chart, XP ranks #322 out of 539 companies in the Capital Markets industry, placing it in the top 59.7%.
Is XP's Days Payable too high?
XP's current Days Payable of 49.07 is near median its 10-year median of 53.05. Over the past 10 years, this metric has ranged from a low of 41.11 to a high of 79.97. The Capital Markets industry median Days Payable is 91.02. XP's value of 49.07 is 46.1% below this industry median. Based on the distribution chart, XP ranks #322 out of 539 companies in the Capital Markets industry, which is below the industry midpoint. Overall, XP has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does XP's Days Payable compare to SNEX and FIGR?
According to the Capital Markets industry distribution chart, XP ranks #322 out of 539 companies for Days Payable. This places XP in the lower half of its industry. The industry median Days Payable is 91.02. XP's value of 49.07 is 46.1% below this benchmark. Historically, XP's own Days Payable has ranged from 41.11 to 79.97 over the past decade. While the company's 10-year median is 53.05 vs. the industry median of 91.02, XP 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 Capital Markets company?
The median Days Payable among Capital Markets companies is 91.02, based on 539 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. XP's current Days Payable of 49.07 is 46.1% 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 XP and its competitors. For the Capital Markets industry, the median Days Payable is 91.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XP's current Days Payable is 49.07, which is near median its own 10-year median of 53.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XP stock overvalued right now?
Based on GuruFocus' analysis, XP (MEX:XP N) is currently considered Possible Value Trap. The stock's GF Value™ is MXN680.19, compared to a current price of MXN315.00 — trading 53.7% below its estimated fair value. The current Days Payable is 49.07, which is near median its 10-year median of 53.05 and 46.1% below the Capital Markets industry median of 91.02. XP's overall GF Score™ is 58/100 with 6 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 XP (MEX:XP N), the current Days Payable is 49.07 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 XP (MEX:XP N) Overvalued in 2026?
Based on GuruFocus' analysis, XP stock appears to be undervalued.
The current stock price of MXN315.00 is trading 53.7% below its estimated GF Value™ of MXN680.19.
GuruFocus considers XP to be Possible Value Trap.
Key valuation signals for MEX:XP N:
Days Payable: 49.07 (near median its 10-year median of 53.05)
GF Value™: MXN680.19 vs. price of MXN315.00 (53.7% below fair value)
Industry Position: 46.1% below the Capital Markets median (#322 of 539)
No single metric tells the full story. See the MEX:XP N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission. Geographically, the company derives maximum revenue from Brazil and also has its presence in other countries.
58GF Score
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