Vestas Wind Systems AS (OCSE:VWS) Days Payable: 124.39 (As of Mar. 2026) — 26% Above Median


OCSE:VWS Vestas Wind Systems AS OCSE:VWS
84 GF Score
Price kr172.50
GF Value kr190.98
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Vestas Wind Systems AS Days Payable?

Vestas Wind Systems AS OCSE:VWS +1.38% 84 Days Payable is 124.39 as of Mar. 2026, which is 26% above its 10-year median of 99.09. GuruFocus rates OCSE:VWS with a GF Score™ of 84/100 and a GF Value™ of kr190.98 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,992 Industrial Products companies, Vestas Wind Systems AS ranks better than 60.46% on this metric.

Vestas Wind Systems AS's average Accounts Payable for the three months ended in Mar. 2026 was kr35,610 Mil. Vestas Wind Systems AS's Cost of Goods Sold for the three months ended in Mar. 2026 was kr26,123 Mil. Hence, Vestas Wind Systems AS's Days Payable for the three months ended in Mar. 2026 was 124.39.

The historical rank and industry rank for Vestas Wind Systems AS's Days Payable or its related term are showing as below:

OCSE:VWS' s Days Payable Range Over the Past 10 Years
Min: 77.22   Med: 99.09   Max: 108.83
Current: 99.35

During the past 13 years, Vestas Wind Systems AS's highest Days Payable was 108.83. The lowest was 77.22. And the median was 99.09.

OCSE:VWS's Days Payable is ranked better than
60.46% of 2992 companies
in the Industrial Products industry
Industry Median: 78.08 vs OCSE:VWS: 99.35

Vestas Wind Systems AS's Days Payable declined from Mar. 2025 (126.77) to Mar. 2026 (124.39). It may suggest that Vestas Wind Systems AS accelerated paying its suppliers.


Vestas Wind Systems AS Days Payable Historical Data

* Premium members only.

The historical data trend for Vestas Wind Systems AS'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.

Vestas Wind Systems AS Days Payable Chart

Vestas Wind Systems AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.70 106.35 101.22 94.19 99.37

Vestas Wind Systems AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 126.77 122.04 86.94 77.81 124.39

OCSE:VWS vs GEV, ETN, PH: Days Payable Comparison

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems AS'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.


Vestas Wind Systems AS Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems AS's Days Payable falls into.


OCSE:VWS
84GF Score
Vestas Wind Systems AS OCSE:VWS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vestas Wind Systems AS 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.

Vestas Wind Systems AS's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (30792.828 + 35596.551) / 2 ) / 121929.016*365
=33194.6895 / 121929.016*365
=99.37

Vestas Wind Systems AS'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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (35596.551 + 35622.682) / 2 ) / 26122.802*365 / 4
=35609.6165 / 26122.802*365 / 4
=124.39

* 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 124.39 mean?
Vestas Wind Systems AS (OCSE:VWS) has a Days Payable of 124.39 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 Vestas Wind Systems AS and its competitors. This is 26% above median its historical median of 99.09. Over the past decade, Vestas Wind Systems AS's Days Payable has ranged from 77.22 to 108.83. According to the industry distribution chart, Vestas Wind Systems AS ranks #1183 out of 2992 companies in the Industrial Products industry, placing it in the top 39.5%.
Is Vestas Wind Systems AS's Days Payable too high?
Vestas Wind Systems AS's current Days Payable of 124.39 is 26% above median its 10-year median of 99.09. Over the past 10 years, this metric has ranged from a low of 77.22 to a high of 108.83. The Industrial Products industry median Days Payable is 78.08. Vestas Wind Systems AS's value of 124.39 is 59.3% above this industry median. Based on the distribution chart, Vestas Wind Systems AS ranks #1183 out of 2992 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Vestas Wind Systems AS has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vestas Wind Systems AS's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Vestas Wind Systems AS ranks #1183 out of 2992 companies for Days Payable. This puts Vestas Wind Systems AS in the upper half of its industry. The industry median Days Payable is 78.08. Vestas Wind Systems AS's value of 124.39 is 59.3% above this benchmark. Historically, Vestas Wind Systems AS's own Days Payable has ranged from 77.22 to 108.83 over the past decade. While the company's 10-year median is 99.09 vs. the industry median of 78.08, Vestas Wind Systems AS 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 an Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,992 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. Vestas Wind Systems AS's current Days Payable of 124.39 is 59.3% 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 Vestas Wind Systems AS and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vestas Wind Systems AS's current Days Payable is 124.39, which is 26% above median its own 10-year median of 99.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vestas Wind Systems AS stock overvalued right now?
Based on GuruFocus' analysis, Vestas Wind Systems AS (OCSE:VWS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr190.98, compared to a current price of kr172.50 — trading 9.7% below its estimated fair value. The current Days Payable is 124.39, which is 26% above median its 10-year median of 99.09 and 59.3% above the Industrial Products industry median of 78.08. Vestas Wind Systems AS's overall GF Score™ is 84/100 with 4 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 Vestas Wind Systems AS (OCSE:VWS), the current Days Payable is 124.39 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 Vestas Wind Systems AS (OCSE:VWS) Overvalued in 2026?

Based on GuruFocus' analysis, Vestas Wind Systems AS stock appears to be undervalued. The current stock price of kr172.50 is trading 9.7% below its estimated GF Value™ of kr190.98. GuruFocus considers Vestas Wind Systems AS to be Modestly Undervalued.

Key valuation signals for OCSE:VWS:

  • Days Payable: 124.39 (26% above median its 10-year median of 99.09)
  • GF Value™: kr190.98 vs. price of kr172.50 (9.7% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 59.3% above the Industrial Products median (#1183 of 2992)

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


Vestas Wind Systems AS Business Description

Address Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.
84GF Score

Get the complete analysis for OCSE:VWS

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

kr172.50
Price
kr190.98
GF Value