SappiSPPJY -3.37%52 Days Payable is 56.88 as of Mar. 2026, which is 17% below its 10-year median of 68.34. GuruFocus rates SPPJY with a GF Score™ of 52/100 and a GF Value™ of $2.27 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 276 Forest Products companies, Sappi ranks better than 52.17% on this metric.
Sappi's average Accounts Payable for the
three
months ended in Mar. 2026 was $859 Mil. Sappi's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $1,378 Mil.
Hence, Sappi's Days Payable for the
three
months ended in Mar. 2026 was 56.88.
The historical rank and industry rank for Sappi's Days Payable or its related term are showing as below:
SPPJY'
s Days Payable Range Over the Past 10 Years
Min: 48.1 Med: 68.34 Max: 79.14
Current: 59.83
During the past 13 years, Sappi's highest Days Payable was 79.14. The lowest was 48.10. And the median was 68.34.
SPPJY's Days Payable is ranked better than 52.17% of 276
companies
in the Forest Products industry
Industry Median: 57.93
vs SPPJY: 59.83
Sappi's Days Payable
declined
from Mar. 2025 (65.05) to Mar. 2026 (56.88).
It may suggest that Sappiaccelerated paying its suppliers.
Sappi Days Payable Related Terms
Sappi Days Payable Historical Data
* Premium members only.
The historical data trend for Sappi'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 Paper & Paper Products subindustry, Sappi'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.
Sappi Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Sappi's Days Payable distribution charts can be found below:
* The bar in red indicates where Sappi'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.
Sappi's Days Payable for the fiscal year that ended in Sep. 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.
Sappi (SPPJY) has a Days Payable of 56.88 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 Sappi and its competitors. This is 17% below median its historical median of 68.34. Over the past decade, Sappi's Days Payable has ranged from 48.10 to 79.14. According to the industry distribution chart, Sappi ranks #132 out of 276 companies in the Forest Products industry, placing it in the top 47.8%.
Is Sappi's Days Payable too high?
Sappi's current Days Payable of 56.88 is 17% below median its 10-year median of 68.34. Over the past 10 years, this metric has ranged from a low of 48.10 to a high of 79.14. The Forest Products industry median Days Payable is 57.93. Sappi's value of 56.88 is 1.8% below this industry median. Based on the distribution chart, Sappi ranks #132 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Sappi has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sappi's Days Payable compare to SLVM?
According to the Forest Products industry distribution chart, Sappi ranks #132 out of 276 companies for Days Payable. This puts Sappi in the upper half of its industry. The industry median Days Payable is 57.93. Sappi's value of 56.88 is 1.8% below this benchmark. Historically, Sappi's own Days Payable has ranged from 48.10 to 79.14 over the past decade. While the company's 10-year median is 68.34 vs. the industry median of 57.93, Sappi 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Sappi's current Days Payable of 56.88 is 1.8% 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 Sappi and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sappi's current Days Payable is 56.88, which is 17% below median its own 10-year median of 68.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sappi stock overvalued right now?
Based on GuruFocus' analysis, Sappi (SPPJY) is currently considered Possible Value Trap. The stock's GF Value™ is $2.27, compared to a current price of $0.63 — trading 72.3% below its estimated fair value. The current Days Payable is 56.88, which is 17% below median its 10-year median of 68.34 and 1.8% below the Forest Products industry median of 57.93. Sappi's overall GF Score™ is 52/100 with 6 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 Sappi (SPPJY), the current Days Payable is 56.88 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 Sappi (SPPJY) Overvalued in 2026?
Based on GuruFocus' analysis, Sappi stock appears to be undervalued.
The current stock price of $0.63 is trading 72.3% below its estimated GF Value™ of $2.27.
GuruFocus considers Sappi to be Possible Value Trap.
Key valuation signals for SPPJY:
Days Payable: 56.88 (17% below median its 10-year median of 68.34)
GF Value™: $2.27 vs. price of $0.63 (72.3% below fair value)
Industry Position: 1.8% below the Forest Products median (#132 of 276)
No single metric tells the full story. See the SPPJY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sappi Ltd is engaged in the manufacturing of sustainable woodfibre-based products including specialty and packaging papers, graphic papers, release papers, pulp, and biomaterials like lignin and furfural from renewable resources. The products and services include Dissolving pulp, Graphic papers, Packaging and specialty papers, Casting and release papers, Biomaterials and Bio-energy. The company's geographical segments include Europe, North America and South Africa. The majority of revenue is generated from South Africa.
52GF Score
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