Litgrid AB (OVSE:LGD1L) Days Payable: 68.15 (As of Mar. 2026) — Near Median


OVSE:LGD1L Litgrid AB OVSE:LGD1L
28 GF Score
Price €1.04
GF Value €0.94
Valuation Fairly Valued
! 5 Warning Signs
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What is Litgrid AB Days Payable?

Litgrid AB OVSE:LGD1L +1.47% 28 Days Payable is 68.15 as of Mar. 2026, which is 5% below its 10-year median of 71.81. GuruFocus rates OVSE:LGD1L with a GF Score™ of 28/100 and a GF Value™ of €0.94 (Fairly Valued). The stock has 5 warning signs investors should review. Among 483 Utilities - Regulated companies, Litgrid AB ranks better than 72.26% on this metric.

Litgrid AB's average Accounts Payable for the three months ended in Mar. 2026 was €74.3 Mil. Litgrid AB's Cost of Goods Sold for the three months ended in Mar. 2026 was €99.5 Mil. Hence, Litgrid AB's Days Payable for the three months ended in Mar. 2026 was 68.15.

The historical rank and industry rank for Litgrid AB's Days Payable or its related term are showing as below:

OVSE:LGD1L' s Days Payable Range Over the Past 10 Years
Min: 55.15   Med: 71.81   Max: 120.65
Current: 120.65

During the past 13 years, Litgrid AB's highest Days Payable was 120.65. The lowest was 55.15. And the median was 71.81.

OVSE:LGD1L's Days Payable is ranked better than
72.26% of 483 companies
in the Utilities - Regulated industry
Industry Median: 70.35 vs OVSE:LGD1L: 120.65

Litgrid AB's Days Payable declined from Mar. 2025 (93.94) to Mar. 2026 (68.15). It may suggest that Litgrid AB accelerated paying its suppliers.


Litgrid AB Days Payable Historical Data

* Premium members only.

The historical data trend for Litgrid AB'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.

Litgrid AB Days Payable Chart

Litgrid AB 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 76.32 55.15 88.42 109.47 102.87

Litgrid AB 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 93.94 110.39 139.86 235.97 68.15

OVSE:LGD1L vs NEE, SO, DUK: Days Payable Comparison

For the Utilities - Regulated Electric subindustry, Litgrid AB'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.


Litgrid AB Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Litgrid AB's Days Payable distribution charts can be found below:

* The bar in red indicates where Litgrid AB's Days Payable falls into.


OVSE:LGD1L
28GF Score
Litgrid AB OVSE:LGD1L
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Litgrid AB 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.

Litgrid AB'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
=( (112.918 + 78.972) / 2 ) / 340.419*365
=95.945 / 340.419*365
=102.87

Litgrid AB'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
=( (78.972 + 69.701) / 2 ) / 99.529*365 / 4
=74.3365 / 99.529*365 / 4
=68.15

* 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 68.15 mean?
Litgrid AB (OVSE:LGD1L) has a Days Payable of 68.15 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 Litgrid AB and its competitors. This is near median its historical median of 71.81. Over the past decade, Litgrid AB's Days Payable has ranged from 55.15 to 120.65. According to the industry distribution chart, Litgrid AB ranks #134 out of 483 companies in the Utilities - Regulated industry, placing it in the top 27.7%.
Is Litgrid AB's Days Payable too high?
Litgrid AB's current Days Payable of 68.15 is near median its 10-year median of 71.81. Over the past 10 years, this metric has ranged from a low of 55.15 to a high of 120.65. The Utilities - Regulated industry median Days Payable is 70.35. Litgrid AB's value of 68.15 is 3.1% below this industry median. Based on the distribution chart, Litgrid AB ranks #134 out of 483 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Litgrid AB has a GF Score™ of 28/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Litgrid AB's Days Payable compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Litgrid AB ranks #134 out of 483 companies for Days Payable. This puts Litgrid AB in the upper half of its industry. The industry median Days Payable is 70.35. Litgrid AB's value of 68.15 is 3.1% below this benchmark. Historically, Litgrid AB's own Days Payable has ranged from 55.15 to 120.65 over the past decade. While the company's 10-year median is 71.81 vs. the industry median of 70.35, Litgrid AB 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 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. Litgrid AB's current Days Payable of 68.15 is 3.1% 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 Litgrid AB and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Litgrid AB's current Days Payable is 68.15, which is near median its own 10-year median of 71.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Litgrid AB stock overvalued right now?
Based on GuruFocus' analysis, Litgrid AB (OVSE:LGD1L) is currently considered Fairly Valued. The stock's GF Value™ is €0.94, compared to a current price of €1.04 — trading 10.1% above its estimated fair value. The current Days Payable is 68.15, which is near median its 10-year median of 71.81 and 3.1% below the Utilities - Regulated industry median of 70.35. Litgrid AB's overall GF Score™ is 28/100 with 5 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 Litgrid AB (OVSE:LGD1L), the current Days Payable is 68.15 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 Litgrid AB (OVSE:LGD1L) Overvalued in 2026?

Based on GuruFocus' analysis, Litgrid AB stock appears to be overvalued. The current stock price of €1.04 is trading 10.1% above its estimated GF Value™ of €0.94. GuruFocus considers Litgrid AB to be Fairly Valued.

Key valuation signals for OVSE:LGD1L:

  • Days Payable: 68.15 (near median its 10-year median of 71.81)
  • GF Value™: €0.94 vs. price of €1.04 (10.1% above fair value)
  • GF Score™: 28/100 with 5 warning signs
  • Industry Position: 3.1% below the Utilities - Regulated median (#134 of 483)

No single metric tells the full story. See the OVSE:LGD1L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Litgrid AB Business Description

Address Karlo Gustavo Emilio Manerheimo Street 8, Vilnius, LTU, 05131
Litgrid AB is engaged in the provision of electricity transmission and related services mainly in Lithuania. The services offered by the company include electricity transmission via high-voltage (110-400 kV) electrical installations; trading in imbalance and balancing energy to maintain the balance between production and consumption; system services; and data management. Its customers mainly include grid operators and producer and consumers connected to the transmission grid. Geographically, the company generates maximum revenue from its business in Lithuania, and the rest from Estonia, Sweden, Poland, Luxembourg, Latvia, Denmark, Norway, and other countries.
28GF Score

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

€1.04
Price
€0.94
GF Value