Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ulta BeautyMIC:ULTA-RM 94 Days Payable is 33.68 as of Apr. 2026, which is 10% above its 10-year median of 30.57. GuruFocus rates MIC:ULTA-RM with a GF Score™ of 94/100. The stock has 2 warning signs investors should review. Among 1,100 Retail - Cyclical companies, Ulta Beauty ranks worse than 72% on this metric.
Ulta Beauty's average Accounts Payable for the
three
months ended in Apr. 2026 was $699.83 Mil. Ulta Beauty's Cost of Goods Sold for the
three
months ended in Apr. 2026 was $1,896.24 Mil.
Hence, Ulta Beauty's Days Payable for the
three
months ended in Apr. 2026 was 33.68.
The historical rank and industry rank for Ulta Beauty's Days Payable or its related term are showing as below:
MIC:ULTA-RM'
s Days Payable Range Over the Past 10 Years
Min: 26.76 Med: 30.57 Max: 38.69
Current: 32.24
During the past 13 years, Ulta Beauty's highest Days Payable was 38.69. The lowest was 26.76. And the median was 30.57.
MIC:ULTA-RM's Days Payable is ranked worse than 72% of 1100
companies
in the Retail - Cyclical industry
Industry Median: 51.66
vs MIC:ULTA-RM: 32.24
Ulta Beauty's Days Payable
increased
from Apr. 2025 (28.97) to Apr. 2026 (33.68).
It may suggest that Ulta Beautydelayed paying its suppliers.
Ulta Beauty Days Payable Related Terms
Ulta Beauty Days Payable Historical Data
* Premium members only.
The historical data trend for Ulta Beauty'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.
MIC:ULTA-RM vs DKS, BBY, TSCO: Days Payable Comparison
For the Specialty Retail subindustry, Ulta Beauty'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.
Ulta Beauty Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Ulta Beauty's Days Payable distribution charts can be found below:
* The bar in red indicates where Ulta Beauty'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.
Ulta Beauty's Days Payable for the fiscal year that ended in Jan. 2026 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.
Ulta Beauty (MIC:ULTA-RM) has a Days Payable of 33.68 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 Ulta Beauty and its competitors. This is 10% above median its historical median of 30.57. Over the past decade, Ulta Beauty's Days Payable has ranged from 26.76 to 38.69. According to the industry distribution chart, Ulta Beauty ranks #792 out of 1100 companies in the Retail - Cyclical industry, placing it in the top 72%.
Is Ulta Beauty's Days Payable too high?
Ulta Beauty's current Days Payable of 33.68 is 10% above median its 10-year median of 30.57. Over the past 10 years, this metric has ranged from a low of 26.76 to a high of 38.69. The Retail - Cyclical industry median Days Payable is 51.66. Ulta Beauty's value of 33.68 is 34.8% below this industry median. Based on the distribution chart, Ulta Beauty ranks #792 out of 1100 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Ulta Beauty has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does Ulta Beauty's Days Payable compare to DKS and BBY?
According to the Retail - Cyclical industry distribution chart, Ulta Beauty ranks #792 out of 1100 companies for Days Payable. This places Ulta Beauty in the lower half of its industry. The industry median Days Payable is 51.66. Ulta Beauty's value of 33.68 is 34.8% below this benchmark. Historically, Ulta Beauty's own Days Payable has ranged from 26.76 to 38.69 over the past decade. While the company's 10-year median is 30.57 vs. the industry median of 51.66, Ulta Beauty 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 Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.66, based on 1,100 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. Ulta Beauty's current Days Payable of 33.68 is 34.8% 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 Ulta Beauty and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulta Beauty's current Days Payable is 33.68, which is 10% above median its own 10-year median of 30.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulta Beauty stock overvalued right now?
Ulta Beauty (MIC:ULTA-RM) has a current Days Payable of 33.68. The current Days Payable is 33.68, which is 10% above median its 10-year median of 30.57 and 34.8% below the Retail - Cyclical industry median of 51.66. Ulta Beauty's overall GF Score™ is 94/100 with 2 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 Ulta Beauty (MIC:ULTA-RM), the current Days Payable is 33.68 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.
Ulta Beauty is the largest specialized beauty retailer in the US with more than 1,500 freestanding stores. The firm offers cosmetics (38% of 2025 sales), fragrances (13%), skin care (24%), and hair care products (19%). It also has salon services, including hair, makeup, skin, and brow, that account for 4% of its revenue and drive customer traffic. Outside of the US, Ulta operates premium beauty retailer Space NK (86 stores at year-end 2025 in the UK and Ireland) and has franchised stores in Mexico, and a joint venture in the Middle East. Ulta was founded in 1990 and is based in Bolingbrook, Illinois.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIC:ULTA-RM has been successfully added to your 
