NextNXGPF 85 Days Payable is 32.10 as of Jan. 2026, which is 4% above its 10-year median of 30.79. GuruFocus rates NXGPF with a GF Score™ of 85/100 and a GF Value™ of $166.27 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Next ranks worse than 68.76% on this metric.
Next's average Accounts Payable for the
six
months ended in Jan. 2026 was $496 Mil. Next's Cost of Goods Sold for the
six
months ended in Jan. 2026 was $2,822 Mil.
Hence, Next's Days Payable for the
six
months ended in Jan. 2026 was 32.10.
The historical rank and industry rank for Next's Days Payable or its related term are showing as below:
NXGPF'
s Days Payable Range Over the Past 10 Years
Min: 24.02 Med: 30.79 Max: 34.41
Current: 34.41
During the past 13 years, Next's highest Days Payable was 34.41. The lowest was 24.02. And the median was 30.79.
NXGPF's Days Payable is ranked worse than 68.76% of 1098
companies
in the Retail - Cyclical industry
Industry Median: 51.625
vs NXGPF: 34.41
Next's Days Payable
declined
from Jan. 2025 (34.04) to Jan. 2026 (32.10).
It may suggest that Nextaccelerated paying its suppliers.
Next Days Payable Related Terms
Next Days Payable Historical Data
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The historical data trend for Next'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.
For the Apparel Retail subindustry, Next'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.
Next Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Next's Days Payable distribution charts can be found below:
* The bar in red indicates where Next'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.
Next'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.
Next (NXGPF) has a Days Payable of 32.10 as of Jan. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Next and its competitors. This is near median its historical median of 30.79. Over the past decade, Next's Days Payable has ranged from 24.02 to 34.41. According to the industry distribution chart, Next ranks #755 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 68.8%.
Is Next's Days Payable too high?
Next's current Days Payable of 32.10 is near median its 10-year median of 30.79. Over the past 10 years, this metric has ranged from a low of 24.02 to a high of 34.41. The Retail - Cyclical industry median Days Payable is 51.63. Next's value of 32.10 is 37.8% below this industry median. Based on the distribution chart, Next ranks #755 out of 1098 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Next has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next's Days Payable compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Next ranks #755 out of 1098 companies for Days Payable. This places Next in the lower half of its industry. The industry median Days Payable is 51.63. Next's value of 32.10 is 37.8% below this benchmark. Historically, Next's own Days Payable has ranged from 24.02 to 34.41 over the past decade. While the company's 10-year median is 30.79 vs. the industry median of 51.63, Next 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 51.63, based on 1,098 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. Next's current Days Payable of 32.10 is 37.8% 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 Next and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next's current Days Payable is 32.10, which is near median its own 10-year median of 30.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next stock overvalued right now?
Based on GuruFocus' analysis, Next (NXGPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $166.27, compared to a current price of $197.60 — trading 18.8% above its estimated fair value. The current Days Payable is 32.10, which is near median its 10-year median of 30.79 and 37.8% below the Retail - Cyclical industry median of 51.63. Next's overall GF Score™ is 85/100 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 Next (NXGPF), the current Days Payable is 32.10 as of Jan. 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 Next (NXGPF) Overvalued in 2026?
Based on GuruFocus' analysis, Next stock appears to be overvalued.
The current stock price of $197.60 is trading 18.8% above its estimated GF Value™ of $166.27.
GuruFocus considers Next to be Modestly Overvalued.
Key valuation signals for NXGPF:
Days Payable: 32.10 (near median its 10-year median of 30.79)
GF Value™: $166.27 vs. price of $197.60 (18.8% above fair value)
Industry Position: 37.8% below the Retail - Cyclical median (#755 of 1098)
No single metric tells the full story. See the NXGPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.
85GF Score
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