Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Icelandair Group hfOISE:ICEAIR +0.82%50 Days Payable is 67.82 as of Mar. 2026, which is 290% above its 10-year median of 17.39. GuruFocus rates OISE:ICEAIR with a GF Score™ of 50/100 and a GF Value™ of kr1.34 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 968 Transportation companies, Icelandair Group hf ranks better than 75.31% on this metric.
The historical rank and industry rank for Icelandair Group hf's Days Payable or its related term are showing as below:
OISE:ICEAIR'
s Days Payable Range Over the Past 10 Years
Min: 13.29 Med: 17.39 Max: 75.64
Current: 75.64
During the past 13 years, Icelandair Group hf's highest Days Payable was 75.64. The lowest was 13.29. And the median was 17.39.
OISE:ICEAIR's Days Payable is ranked better than 75.31% of 968
companies
in the Transportation industry
Industry Median: 38.705
vs OISE:ICEAIR: 75.64
Icelandair Group hf's Days Payable
increased
from Mar. 2025 (60.39) to Mar. 2026 (67.82).
It may suggest that Icelandair Group hfdelayed paying its suppliers.
Icelandair Group hf Days Payable Related Terms
Icelandair Group hf Days Payable Historical Data
* Premium members only.
The historical data trend for Icelandair Group hf'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.
OISE:ICEAIR vs DAL, UAL, LUV: Days Payable Comparison
For the Airlines subindustry, Icelandair Group hf'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.
Icelandair Group hf Days Payable vs Transportation Industry
For the Transportation industry and Industrials sector, Icelandair Group hf's Days Payable distribution charts can be found below:
* The bar in red indicates where Icelandair Group hf'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.
Icelandair Group hf'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.
Icelandair Group hf (OISE:ICEAIR) has a Days Payable of 67.82 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 Icelandair Group hf and its competitors. This is 290% above median its historical median of 17.39. Over the past decade, Icelandair Group hf's Days Payable has ranged from 13.29 to 75.64. According to the industry distribution chart, Icelandair Group hf ranks #239 out of 968 companies in the Transportation industry, placing it in the top 24.7%.
Is Icelandair Group hf's Days Payable too high?
Icelandair Group hf's current Days Payable of 67.82 is 290% above median its 10-year median of 17.39. Over the past 10 years, this metric has ranged from a low of 13.29 to a high of 75.64. The Transportation industry median Days Payable is 38.71. Icelandair Group hf's value of 67.82 is 75.2% above this industry median. Based on the distribution chart, Icelandair Group hf ranks #239 out of 968 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Icelandair Group hf has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Days Payable compare to DAL and UAL?
According to the Transportation industry distribution chart, Icelandair Group hf ranks #239 out of 968 companies for Days Payable. This places Icelandair Group hf in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 38.71. Icelandair Group hf's value of 67.82 is 75.2% above this benchmark. Historically, Icelandair Group hf's own Days Payable has ranged from 13.29 to 75.64 over the past decade. While the company's 10-year median is 17.39 vs. the industry median of 38.71, Icelandair Group hf 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 Transportation company?
The median Days Payable among Transportation companies is 38.71, based on 968 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. Icelandair Group hf's current Days Payable of 67.82 is 75.2% 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 Icelandair Group hf and its competitors. For the Transportation industry, the median Days Payable is 38.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icelandair Group hf's current Days Payable is 67.82, which is 290% above median its own 10-year median of 17.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.34, compared to a current price of kr0.74 — trading 44.9% below its estimated fair value. The current Days Payable is 67.82, which is 290% above median its 10-year median of 17.39 and 75.2% above the Transportation industry median of 38.71. Icelandair Group hf's overall GF Score™ is 50/100 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 Icelandair Group hf (OISE:ICEAIR), the current Days Payable is 67.82 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 Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?
Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued.
The current stock price of kr0.74 is trading 44.9% below its estimated GF Value™ of kr1.34.
GuruFocus considers Icelandair Group hf to be Possible Value Trap.
Key valuation signals for OISE:ICEAIR:
Days Payable: 67.82 (290% above median its 10-year median of 17.39)
GF Value™: kr1.34 vs. price of kr0.74 (44.9% below fair value)
Industry Position: 75.2% above the Transportation median (#239 of 968)
No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
50GF Score
Get the complete analysis for OISE:ICEAIR
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OISE:ICEAIR has been successfully added to your 
