Green Cross Health (NZSE:GXH) Days Payable: 83.08 (As of Mar. 2026) — 44% Above Median

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NZSE:GXH Green Cross Health Ltd NZSE:GXH
63 GF Score
Price NZ$1.96
GF Value NZ$1.08
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Green Cross Health Days Payable?

Green Cross Health NZSE:GXH -0.25% 63 Days Payable is 83.08 as of Mar. 2026, which is 44% above its 10-year median of 57.85. GuruFocus rates NZSE:GXH with a GF Score™ of 63/100 and a GF Value™ of NZ$1.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 605 Healthcare Providers & Services companies, Green Cross Health ranks better than 61.32% on this metric.

Green Cross Health's average Accounts Payable for the six months ended in Mar. 2026 was NZ$56.0 Mil. Green Cross Health's Cost of Goods Sold for the six months ended in Mar. 2026 was NZ$122.9 Mil. Hence, Green Cross Health's Days Payable for the six months ended in Mar. 2026 was 83.08.

The historical rank and industry rank for Green Cross Health's Days Payable or its related term are showing as below:

NZSE:GXH' s Days Payable Range Over the Past 10 Years
Min: 52.47   Med: 57.85   Max: 76.25
Current: 76.25

During the past 13 years, Green Cross Health's highest Days Payable was 76.25. The lowest was 52.47. And the median was 57.85.

NZSE:GXH's Days Payable is ranked better than
61.32% of 605 companies
in the Healthcare Providers & Services industry
Industry Median: 56.95 vs NZSE:GXH: 76.25

Green Cross Health's Days Payable declined from Mar. 2025 (85.06) to Mar. 2026 (83.08). It may suggest that Green Cross Health accelerated paying its suppliers.


Green Cross Health Days Payable Historical Data

* Premium members only.

The historical data trend for Green Cross Health'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.

Green Cross Health Days Payable Chart

Green Cross Health Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.07 54.69 52.47 55.57 59.13

Green Cross Health Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 86.48 84.22 85.06 86.72 83.08

Green Cross Health Days Payable Competitor Comparison

For the Pharmaceutical Retailers subindustry, Green Cross Health'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.


Green Cross Health Days Payable vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Green Cross Health's Days Payable distribution charts can be found below:

* The bar in red indicates where Green Cross Health's Days Payable falls into.


NZSE:GXH
63GF Score
Green Cross Health Ltd NZSE:GXH
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Cross Health 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.

Green Cross Health's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (35.452 + 40.73) / 2 ) / 235.12*365
=38.091 / 235.12*365
=59.13

Green Cross Health'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (71.178 + 40.73) / 2 ) / 122.919*365 / 2
=55.954 / 122.919*365 / 2
=83.08

* 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 83.08 mean?
Green Cross Health (NZSE:GXH) has a Days Payable of 83.08 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 Green Cross Health and its competitors. This is 44% above median its historical median of 57.85. Over the past decade, Green Cross Health's Days Payable has ranged from 52.47 to 76.25. According to the industry distribution chart, Green Cross Health ranks #234 out of 605 companies in the Healthcare Providers & Services industry, placing it in the top 38.7%.
Is Green Cross Health's Days Payable too high?
Green Cross Health's current Days Payable of 83.08 is 44% above median its 10-year median of 57.85. Over the past 10 years, this metric has ranged from a low of 52.47 to a high of 76.25. The Healthcare Providers & Services industry median Days Payable is 56.95. Green Cross Health's value of 83.08 is 45.9% above this industry median. Based on the distribution chart, Green Cross Health ranks #234 out of 605 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Green Cross Health has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Green Cross Health's Days Payable compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Green Cross Health ranks #234 out of 605 companies for Days Payable. This puts Green Cross Health in the upper half of its industry. The industry median Days Payable is 56.95. Green Cross Health's value of 83.08 is 45.9% above this benchmark. Historically, Green Cross Health's own Days Payable has ranged from 52.47 to 76.25 over the past decade. While the company's 10-year median is 57.85 vs. the industry median of 56.95, Green Cross Health has consistently been above 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 Healthcare Providers & Services company?
The median Days Payable among Healthcare Providers & Services companies is 56.95, based on 605 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. Green Cross Health's current Days Payable of 83.08 is 45.9% above 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 Green Cross Health and its competitors. For the Healthcare Providers & Services industry, the median Days Payable is 56.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Cross Health's current Days Payable is 83.08, which is 44% above median its own 10-year median of 57.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Cross Health stock overvalued right now?
Based on GuruFocus' analysis, Green Cross Health (NZSE:GXH) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$1.08, compared to a current price of NZ$1.96 — trading 81.5% above its estimated fair value. The current Days Payable is 83.08, which is 44% above median its 10-year median of 57.85 and 45.9% above the Healthcare Providers & Services industry median of 56.95. Green Cross Health's overall GF Score™ is 63/100 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 Green Cross Health (NZSE:GXH), the current Days Payable is 83.08 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 Green Cross Health (NZSE:GXH) Overvalued in 2026?

Based on GuruFocus' analysis, Green Cross Health stock appears to be overvalued. The current stock price of NZ$1.96 is trading 81.5% above its estimated GF Value™ of NZ$1.08. GuruFocus considers Green Cross Health to be Significantly Overvalued.

Key valuation signals for NZSE:GXH:

  • Days Payable: 83.08 (44% above median its 10-year median of 57.85)
  • GF Value™: NZ$1.08 vs. price of NZ$1.96 (81.5% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 45.9% above the Healthcare Providers & Services median (#234 of 605)

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


Green Cross Health Business Description

Address 602 Great South Road, Ellerslie, Ground Floor, Building B, Millennium Centre, Auckland, NTL, NZL, 1051
Green Cross Health Ltd is engaged in providing healthcare services in New Zealand. The reportable segments of the group are Pharmacy services and medical services. The majority of the revenue is generated from the Pharmacy services segment. The pharmacy services segment provides retail and dispensary services, and the medical services segment provides GP, nursing, and urgent care services. The majority of its revenue is generated from the pharmacy segment.
63GF Score

Get the complete analysis for NZSE:GXH

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

NZ$1.96
Price
NZ$1.08
GF Value