Patrick IndustriesPATK +2.86%71 Days Payable is 24.29 as of Mar. 2026, which is 37% above its 10-year median of 17.67. GuruFocus rates PATK with a GF Score™ of 71/100 and a GF Value™ of $86.55 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,313 Vehicles & Parts companies, Patrick Industries ranks worse than 88.27% on this metric.
The historical rank and industry rank for Patrick Industries's Days Payable or its related term are showing as below:
PATK'
s Days Payable Range Over the Past 10 Years
Min: 13.52 Med: 17.67 Max: 27.43
Current: 27.43
During the past 13 years, Patrick Industries's highest Days Payable was 27.43. The lowest was 13.52. And the median was 17.67.
PATK's Days Payable is ranked worse than 88.27% of 1313
companies
in the Vehicles & Parts industry
Industry Median: 67.12
vs PATK: 27.43
Patrick Industries's Days Payable
increased
from Mar. 2025 (24.21) to Mar. 2026 (24.29).
It may suggest that Patrick Industriesdelayed paying its suppliers.
Patrick Industries Days Payable Related Terms
Patrick Industries Days Payable Historical Data
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The historical data trend for Patrick Industries'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.
For the Recreational Vehicles subindustry, Patrick Industries'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.
Patrick Industries Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Patrick Industries's Days Payable distribution charts can be found below:
* The bar in red indicates where Patrick Industries'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.
Patrick Industries'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.
Patrick Industries (PATK) has a Days Payable of 24.29 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 Patrick Industries and its competitors. This is 37% above median its historical median of 17.67. Over the past decade, Patrick Industries' Days Payable has ranged from 13.52 to 27.43. According to the industry distribution chart, Patrick Industries ranks #1159 out of 1313 companies in the Vehicles & Parts industry, placing it in the top 88.3%.
Is Patrick Industries' Days Payable too high?
Patrick Industries' current Days Payable of 24.29 is 37% above median its 10-year median of 17.67. Over the past 10 years, this metric has ranged from a low of 13.52 to a high of 27.43. The Vehicles & Parts industry median Days Payable is 67.12. Patrick Industries' value of 24.29 is 63.8% below this industry median. Based on the distribution chart, Patrick Industries ranks #1159 out of 1313 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Patrick Industries has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patrick Industries' Days Payable compare to LCII and HOG?
According to the Vehicles & Parts industry distribution chart, Patrick Industries ranks #1159 out of 1313 companies for Days Payable. This places Patrick Industries in the lower half of its industry. The industry median Days Payable is 67.12. Patrick Industries' value of 24.29 is 63.8% below this benchmark. Historically, Patrick Industries' own Days Payable has ranged from 13.52 to 27.43 over the past decade. While the company's 10-year median is 17.67 vs. the industry median of 67.12, Patrick Industries 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 67.12, based on 1,313 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. Patrick Industries's current Days Payable of 24.29 is 63.8% 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 Patrick Industries and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patrick Industries's current Days Payable is 24.29, which is 37% above median its own 10-year median of 17.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patrick Industries stock overvalued right now?
Based on GuruFocus' analysis, Patrick Industries (PATK) is currently considered Fairly Valued. The stock's GF Value™ is $86.55, compared to a current price of $95.33 — trading 10.1% above its estimated fair value. The current Days Payable is 24.29, which is 37% above median its 10-year median of 17.67 and 63.8% below the Vehicles & Parts industry median of 67.12. Patrick Industries' overall GF Score™ is 71/100 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 Patrick Industries (PATK), the current Days Payable is 24.29 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 Patrick Industries (PATK) Overvalued in 2026?
Based on GuruFocus' analysis, Patrick Industries stock appears to be overvalued.
The current stock price of $95.33 is trading 10.1% above its estimated GF Value™ of $86.55.
GuruFocus considers Patrick Industries to be Fairly Valued.
Key valuation signals for PATK:
Days Payable: 24.29 (37% above median its 10-year median of 17.67)
GF Value™: $86.55 vs. price of $95.33 (10.1% above fair value)
Industry Position: 63.8% below the Vehicles & Parts median (#1159 of 1313)
No single metric tells the full story. See the PATK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patrick Industries Inc is a component solutions provider for the recreational vehicle (RV), marine, powersports, manufactured housing (MH), and various industrial markets, including single and multi-family housing, hospitality, institutional, and commercial markets. The company operates within two reportable segments, Manufacturing and Distribution. The majority of its revenue is generated from the Manufacturing segment, which offers laminated products utilized to produce furniture, shelving, walls, and countertops; fabricated aluminum products; cabinet products, doors, components, and custom cabinetry; interior passage doors and baggage doors; RV and marine furniture, etc. Geographically, the company mainly operates in the United States, with a small presence in Mexico, China, and Canada.
71GF Score
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