Pandora ASPNDZF 71 Days Payable is 279.91 as of Mar. 2026, which is 48% above its 10-year median of 189.35. GuruFocus rates PNDZF with a GF Score™ of 71/100 and a GF Value™ of $187.43 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,098 Retail - Cyclical companies, Pandora AS ranks better than 90.8% on this metric.
Pandora AS's average Accounts Payable for the
three
months ended in Mar. 2026 was $692 Mil. Pandora AS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $226 Mil.
Hence, Pandora AS's Days Payable for the
three
months ended in Mar. 2026 was 279.91.
The historical rank and industry rank for Pandora AS's Days Payable or its related term are showing as below:
PNDZF'
s Days Payable Range Over the Past 10 Years
Min: 104.1 Med: 189.35 Max: 248.35
Current: 202.86
During the past 13 years, Pandora AS's highest Days Payable was 248.35. The lowest was 104.10. And the median was 189.35.
PNDZF's Days Payable is ranked better than 90.8% of 1098
companies
in the Retail - Cyclical industry
Industry Median: 51.625
vs PNDZF: 202.86
Pandora AS's Days Payable
increased
from Mar. 2025 (223.11) to Mar. 2026 (279.91).
It may suggest that Pandora ASdelayed paying its suppliers.
Pandora AS Days Payable Related Terms
Pandora AS Days Payable Historical Data
* Premium members only.
The historical data trend for Pandora 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.
For the Luxury Goods subindustry, Pandora 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.
Pandora AS Days Payable vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Pandora AS's Days Payable distribution charts can be found below:
* The bar in red indicates where Pandora AS'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.
Pandora AS'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.
Pandora AS (PNDZF) has a Days Payable of 279.91 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 Pandora AS and its competitors. This is 48% above median its historical median of 189.35. Over the past decade, Pandora AS's Days Payable has ranged from 104.10 to 248.35. According to the industry distribution chart, Pandora AS ranks #101 out of 1098 companies in the Retail - Cyclical industry, placing it in the top 9.2%.
Is Pandora AS's Days Payable too high?
Pandora AS's current Days Payable of 279.91 is 48% above median its 10-year median of 189.35. Over the past 10 years, this metric has ranged from a low of 104.10 to a high of 248.35. The Retail - Cyclical industry median Days Payable is 51.63. Pandora AS's value of 279.91 is 442.2% above this industry median. Based on the distribution chart, Pandora AS ranks #101 out of 1098 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Pandora AS has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pandora AS's Days Payable compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Pandora AS ranks #101 out of 1098 companies for Days Payable. This places Pandora AS in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 51.63. Pandora AS's value of 279.91 is 442.2% above this benchmark. Historically, Pandora AS's own Days Payable has ranged from 104.10 to 248.35 over the past decade. While the company's 10-year median is 189.35 vs. the industry median of 51.63, Pandora 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 a Retail - Cyclical company?
The median Days Payable among Retail - Cyclical companies is 51.63, based on 1,098 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. Pandora AS's current Days Payable of 279.91 is 442.2% 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 Pandora AS and its competitors. For the Retail - Cyclical industry, the median Days Payable is 51.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pandora AS's current Days Payable is 279.91, which is 48% above median its own 10-year median of 189.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pandora AS stock overvalued right now?
Based on GuruFocus' analysis, Pandora AS (PNDZF) is currently considered Significantly Undervalued. The stock's GF Value™ is $187.43, compared to a current price of $109.00 — trading 41.8% below its estimated fair value. The current Days Payable is 279.91, which is 48% above median its 10-year median of 189.35 and 442.2% above the Retail - Cyclical industry median of 51.63. Pandora AS's overall GF Score™ is 71/100 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 Pandora AS (PNDZF), the current Days Payable is 279.91 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 Pandora AS (PNDZF) Overvalued in 2026?
Based on GuruFocus' analysis, Pandora AS stock appears to be undervalued.
The current stock price of $109.00 is trading 41.8% below its estimated GF Value™ of $187.43.
GuruFocus considers Pandora AS to be Significantly Undervalued.
Key valuation signals for PNDZF:
Days Payable: 279.91 (48% above median its 10-year median of 189.35)
GF Value™: $187.43 vs. price of $109.00 (41.8% below fair value)
Industry Position: 442.2% above the Retail - Cyclical median (#101 of 1098)
No single metric tells the full story. See the PNDZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pandora is a premium jewelry brand and the market leader in the charm bracelet category. The company was established in the 1980s in Denmark and since then has expanded globally. Pandora has over 2,700 concept stores globally (2,000 owned and operated, and the remainder run by its franchise partners) as well as multibrand locations and stores-in-stores. Pandora owned retail accounts for over 80% and wholesale for the remainder. Charms and bracelets account for almost three-fourths of its sales. The firm produces mostly internally in two jewelry-crafting facilities in Thailand.
71GF Score
Get the complete analysis for PNDZF
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
PNDZF has been successfully added to your 
