PLAG (Planet Green Holdings) Days Payable: 82.66 (As of Mar. 2026) — 43% Below Median


PLAG Planet Green Holdings Corp PLAG
50 GF Score
Price $1.99
GF Value $1.29
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Planet Green Holdings Days Payable?

Planet Green Holdings PLAG +12.43% 50 Days Payable is 82.66 as of Mar. 2026, which is 43% below its 10-year median of 145.78. GuruFocus rates PLAG with a GF Score™ of 50/100 and a GF Value™ of $1.29 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 506 Conglomerates companies, Planet Green Holdings ranks better than 88.34% on this metric.

Planet Green Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $4.37 Mil. Planet Green Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $4.83 Mil. Hence, Planet Green Holdings's Days Payable for the three months ended in Mar. 2026 was 82.66.

The historical rank and industry rank for Planet Green Holdings's Days Payable or its related term are showing as below:

PLAG' s Days Payable Range Over the Past 10 Years
Min: 26.07   Med: 145.78   Max: 528.62
Current: 163.53

During the past 13 years, Planet Green Holdings's highest Days Payable was 528.62. The lowest was 26.07. And the median was 145.78.

PLAG's Days Payable is ranked better than
88.34% of 506 companies
in the Conglomerates industry
Industry Median: 55.855 vs PLAG: 163.53

Planet Green Holdings's Days Payable declined from Mar. 2025 (229.17) to Mar. 2026 (82.66). It may suggest that Planet Green Holdings accelerated paying its suppliers.


Planet Green Holdings Days Payable Historical Data

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The historical data trend for Planet Green Holdings'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.

Planet Green Holdings Days Payable Chart

Planet Green Holdings 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 40.57 44.11 74.31 214.78 246.19

Planet Green Holdings 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 229.17 215.88 294.66 423.43 82.66

PLAG vs HHS, LGPS, STRR: Days Payable Comparison

For the Conglomerates subindustry, Planet Green Holdings'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.


Planet Green Holdings Days Payable vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Planet Green Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Planet Green Holdings's Days Payable falls into.


PLAG
50GF Score
Planet Green Holdings Corp PLAG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Planet Green Holdings 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.

Planet Green Holdings'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
=( (1.852 + 2.114) / 2 ) / 2.94*365
=1.983 / 2.94*365
=246.19

Planet Green Holdings'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
=( (2.114 + 6.633) / 2 ) / 4.828*365 / 4
=4.3735 / 4.828*365 / 4
=82.66

* 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 82.66 mean?
Planet Green Holdings (PLAG) has a Days Payable of 82.66 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 Planet Green Holdings and its competitors. This is 43% below median its historical median of 145.78. Over the past decade, Planet Green Holdings' Days Payable has ranged from 26.07 to 528.62. According to the industry distribution chart, Planet Green Holdings ranks #59 out of 506 companies in the Conglomerates industry, placing it in the top 11.7%.
Is Planet Green Holdings' Days Payable too high?
Planet Green Holdings' current Days Payable of 82.66 is 43% below median its 10-year median of 145.78. Over the past 10 years, this metric has ranged from a low of 26.07 to a high of 528.62. The Conglomerates industry median Days Payable is 55.86. Planet Green Holdings' value of 82.66 is 48% above this industry median. Based on the distribution chart, Planet Green Holdings ranks #59 out of 506 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Planet Green Holdings has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Planet Green Holdings' Days Payable compare to HHS and LGPS?
According to the Conglomerates industry distribution chart, Planet Green Holdings ranks #59 out of 506 companies for Days Payable. This places Planet Green Holdings in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 55.86. Planet Green Holdings' value of 82.66 is 48% above this benchmark. Historically, Planet Green Holdings' own Days Payable has ranged from 26.07 to 528.62 over the past decade. While the company's 10-year median is 145.78 vs. the industry median of 55.86, Planet Green Holdings 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 Conglomerates company?
The median Days Payable among Conglomerates companies is 55.86, based on 506 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. Planet Green Holdings's current Days Payable of 82.66 is 48% 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 Planet Green Holdings and its competitors. For the Conglomerates industry, the median Days Payable is 55.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Planet Green Holdings's current Days Payable is 82.66, which is 43% below median its own 10-year median of 145.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Green Holdings stock overvalued right now?
Based on GuruFocus' analysis, Planet Green Holdings (PLAG) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.29, compared to a current price of $1.99 — trading 54.3% above its estimated fair value. The current Days Payable is 82.66, which is 43% below median its 10-year median of 145.78 and 48% above the Conglomerates industry median of 55.86. Planet Green Holdings' overall GF Score™ is 50/100 with 8 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 Planet Green Holdings (PLAG), the current Days Payable is 82.66 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 Planet Green Holdings (PLAG) Overvalued in 2026?

Based on GuruFocus' analysis, Planet Green Holdings stock appears to be overvalued. The current stock price of $1.99 is trading 54.3% above its estimated GF Value™ of $1.29. GuruFocus considers Planet Green Holdings to be Significantly Overvalued.

Key valuation signals for PLAG:

  • Days Payable: 82.66 (43% below median its 10-year median of 145.78)
  • GF Value™: $1.29 vs. price of $1.99 (54.3% above fair value)
  • GF Score™: 50/100 with 8 warning signs
  • Industry Position: 48% above the Conglomerates median (#59 of 506)

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


Planet Green Holdings Business Description

Address 130-30 31st Avenue, Suite 512, Flushing, NY, USA, 11354
Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce, and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.99
Price
$1.29
GF Value