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Argo Defence Group ABNGM:ARGO -3.40%11 Days Payable is 31.50 as of Dec. 2025, which is 20% below its 10-year median of 39.21. GuruFocus rates NGM:ARGO with a GF Score™ of 11/100. Among 339 Aerospace & Defense companies, Argo Defence Group AB ranks worse than 82.01% on this metric.
Argo Defence Group AB Days Payable Historical Data
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The historical data trend for Argo Defence Group 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.
Argo Defence Group AB Days Payable Chart
Argo Defence Group AB Annual Data
Trend
Dec23
Dec24
Dec25
Days Payable
101.56
39.21
31.50
Argo Defence Group AB Semi-Annual Data
Dec23
Dec24
Dec25
Days Payable
101.56
39.21
31.50
NGM:ARGO vs SPCX, GE, RTX: Days Payable Comparison
For the Aerospace & Defense subindustry, Argo Defence Group 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.
Argo Defence Group AB Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Argo Defence Group AB's Days Payable distribution charts can be found below:
* The bar in red indicates where Argo Defence Group AB'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.
Argo Defence Group AB'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.
Argo Defence Group AB (NGM:ARGO) has a Days Payable of 31.50 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Argo Defence Group AB and its competitors. This is 20% below median its historical median of 39.21. Over the past decade, Argo Defence Group AB's Days Payable has ranged from 31.50 to 101.56. According to the industry distribution chart, Argo Defence Group AB ranks #278 out of 339 companies in the Aerospace & Defense industry, placing it in the top 82%.
Is Argo Defence Group AB's Days Payable too high?
Argo Defence Group AB's current Days Payable of 31.50 is 20% below median its 10-year median of 39.21. Over the past 10 years, this metric has ranged from a low of 31.50 to a high of 101.56. The Aerospace & Defense industry median Days Payable is 64.65. Argo Defence Group AB's value of 31.50 is 51.3% below this industry median. Based on the distribution chart, Argo Defence Group AB ranks #278 out of 339 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Argo Defence Group AB has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Argo Defence Group AB's Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Argo Defence Group AB ranks #278 out of 339 companies for Days Payable. This places Argo Defence Group AB in the lower half of its industry. The industry median Days Payable is 64.65. Argo Defence Group AB's value of 31.50 is 51.3% below this benchmark. Historically, Argo Defence Group AB's own Days Payable has ranged from 31.50 to 101.56 over the past decade. While the company's 10-year median is 39.21 vs. the industry median of 64.65, Argo Defence Group 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.65, based on 339 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. Argo Defence Group AB's current Days Payable of 31.50 is 51.3% 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 Argo Defence Group AB and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Defence Group AB's current Days Payable is 31.50, which is 20% below median its own 10-year median of 39.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Defence Group AB stock overvalued right now?
Argo Defence Group AB (NGM:ARGO) has a current Days Payable of 31.50. The current Days Payable is 31.50, which is 20% below median its 10-year median of 39.21 and 51.3% below the Aerospace & Defense industry median of 64.65. Argo Defence Group AB's overall GF Score™ is 11/100. 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 Argo Defence Group AB (NGM:ARGO), the current Days Payable is 31.50 as of Dec. 2025. 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.
Argo Defence Group AB is a defence company. The company is focused on providing materiel, technology, and system solutions to strengthen military and civil defence sectors. The company operates in three areas namely, Defence Materiel, Counter-Explosive Risk Solutions, and Airfield Operations. The Defence Materiel develops equipment and systems for national defence and civil protection; Counter-Explosive Risk Solutions handles mine clearance, risk management, and safe munitions destruction; and Airfield Operations builds technical systems for airports and high-security sites.
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