Turners Automotive Group (NZSE:TRA) Days Payable: 64.85 (As of Mar. 2026) — 35% Above Median


NZSE:TRA Turners Automotive Group Ltd NZSE:TRA
41 GF Score
Price NZ$8.35
GF Value NZ$4.41
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Turners Automotive Group Days Payable?

Turners Automotive Group NZSE:TRA 41 Days Payable is 64.85 as of Mar. 2026, which is 35% above its 10-year median of 47.94. GuruFocus rates NZSE:TRA with a GF Score™ of 41/100 and a GF Value™ of NZ$4.41 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,308 Vehicles & Parts companies, Turners Automotive Group ranks worse than 53.9% on this metric.

Turners Automotive Group's average Accounts Payable for the six months ended in Mar. 2026 was NZ$36.0 Mil. Turners Automotive Group's Cost of Goods Sold for the six months ended in Mar. 2026 was NZ$101.2 Mil. Hence, Turners Automotive Group's Days Payable for the six months ended in Mar. 2026 was 64.85.

The historical rank and industry rank for Turners Automotive Group's Days Payable or its related term are showing as below:

NZSE:TRA' s Days Payable Range Over the Past 10 Years
Min: 37.4   Med: 47.94   Max: 62.54
Current: 62.54

During the past 13 years, Turners Automotive Group's highest Days Payable was 62.54. The lowest was 37.40. And the median was 47.94.

NZSE:TRA's Days Payable is ranked worse than
53.9% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 67.035 vs NZSE:TRA: 62.54

Turners Automotive Group's Days Payable declined from Mar. 2025 (80.64) to Mar. 2026 (64.85). It may suggest that Turners Automotive Group accelerated paying its suppliers.


Turners Automotive Group Days Payable Historical Data

* Premium members only.

The historical data trend for Turners Automotive Group'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.

Turners Automotive Group Days Payable Chart

Turners Automotive Group 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 53.90 49.42 43.19 50.35 46.45

Turners Automotive Group 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 76.15 73.22 80.64 77.20 64.85

NZSE:TRA vs CVNA, PAG, ALTB: Days Payable Comparison

For the Auto & Truck Dealerships subindustry, Turners Automotive Group'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.


Turners Automotive Group Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Turners Automotive Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Turners Automotive Group's Days Payable falls into.


NZSE:TRA
41GF Score
Turners Automotive Group Ltd NZSE:TRA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Turners Automotive Group 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.

Turners Automotive Group'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
=( (25.246 + 22.874) / 2 ) / 189.066*365
=24.06 / 189.066*365
=46.45

Turners Automotive Group'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
=( (49.064 + 22.874) / 2 ) / 101.227*365 / 2
=35.969 / 101.227*365 / 2
=64.85

* 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 64.85 mean?
Turners Automotive Group (NZSE:TRA) has a Days Payable of 64.85 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 Turners Automotive Group and its competitors. This is 35% above median its historical median of 47.94. Over the past decade, Turners Automotive Group's Days Payable has ranged from 37.40 to 62.54. According to the industry distribution chart, Turners Automotive Group ranks #705 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 53.9%.
Is Turners Automotive Group's Days Payable too high?
Turners Automotive Group's current Days Payable of 64.85 is 35% above median its 10-year median of 47.94. Over the past 10 years, this metric has ranged from a low of 37.40 to a high of 62.54. The Vehicles & Parts industry median Days Payable is 67.04. Turners Automotive Group's value of 64.85 is 3.3% below this industry median. Based on the distribution chart, Turners Automotive Group ranks #705 out of 1308 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Turners Automotive Group has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Turners Automotive Group's Days Payable compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Turners Automotive Group ranks #705 out of 1308 companies for Days Payable. This places Turners Automotive Group in the lower half of its industry. The industry median Days Payable is 67.04. Turners Automotive Group's value of 64.85 is 3.3% below this benchmark. Historically, Turners Automotive Group's own Days Payable has ranged from 37.40 to 62.54 over the past decade. While the company's 10-year median is 47.94 vs. the industry median of 67.04, Turners Automotive Group 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.04, based on 1,308 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. Turners Automotive Group's current Days Payable of 64.85 is 3.3% 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 Turners Automotive Group and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turners Automotive Group's current Days Payable is 64.85, which is 35% above median its own 10-year median of 47.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turners Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Turners Automotive Group (NZSE:TRA) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$4.41, compared to a current price of NZ$8.35 — trading 89.3% above its estimated fair value. The current Days Payable is 64.85, which is 35% above median its 10-year median of 47.94 and 3.3% below the Vehicles & Parts industry median of 67.04. Turners Automotive Group's overall GF Score™ is 41/100 with 10 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 Turners Automotive Group (NZSE:TRA), the current Days Payable is 64.85 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 Turners Automotive Group (NZSE:TRA) Overvalued in 2026?

Based on GuruFocus' analysis, Turners Automotive Group stock appears to be overvalued. The current stock price of NZ$8.35 is trading 89.3% above its estimated GF Value™ of NZ$4.41. GuruFocus considers Turners Automotive Group to be Significantly Overvalued.

Key valuation signals for NZSE:TRA:

  • Days Payable: 64.85 (35% above median its 10-year median of 47.94)
  • GF Value™: NZ$4.41 vs. price of NZ$8.35 (89.3% above fair value)
  • GF Score™: 41/100 with 10 warning signs
  • Industry Position: 3.3% below the Vehicles & Parts median (#705 of 1308)

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


Turners Automotive Group Business Description

Other Exchanges TRA:Australia
Address 70 Shortland Street, Level 5, PO Box 1232, Auckland, NZL, 1140
Turners Automotive Group Ltd, along with its subsidiaries, operates in the following reportable segments: Auto retail, Finance, Insurance, Credit management, and Corporate and other. The majority of its revenue is generated from the Auto retail segment, which is involved in remarketing (motor vehicles, trucks, heavy machinery, and commercial goods) and purchasing goods for sale. The Finance segment provides asset-based finance to consumers and SME's; the Insurance segment is involved in marketing and administration of a range of life and consumer insurance products; and the Credit management segment provides collection services, credit management, and debt recovery services to the corporate and SME sectors. Geographically, the group operates in New Zealand and Australia.
41GF Score

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

NZ$8.35
Price
NZ$4.41
GF Value