Freedom Holding (STU:DMW2) Days Payable: 289.23 (As of Mar. 2026) — 25% Below Median


STU:DMW2 Freedom Holding Corp STU:DMW2
78 GF Score
Price €140.00
GF Value €132.82
Valuation Fairly Valued
! 11 Warning Signs
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What is Freedom Holding Days Payable?

Freedom Holding STU:DMW2 +4.48% 78 Days Payable is 289.23 as of Mar. 2026, which is 25% below its 10-year median of 383.96. GuruFocus rates STU:DMW2 with a GF Score™ of 78/100 and a GF Value™ of €132.82 (Fairly Valued). The stock has 11 warning signs investors should review. Among 81 Diversified Financial Services companies, Freedom Holding ranks better than 75.31% on this metric.

Freedom Holding's average Accounts Payable for the three months ended in Mar. 2026 was €544 Mil. Freedom Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was €172 Mil. Hence, Freedom Holding's Days Payable for the three months ended in Mar. 2026 was 289.23.

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

STU:DMW2' s Days Payable Range Over the Past 10 Years
Min: 39.88   Med: 383.96   Max: 1220.33
Current: 305.12

During the past 13 years, Freedom Holding's highest Days Payable was 1220.33. The lowest was 39.88. And the median was 383.96.

STU:DMW2's Days Payable is ranked better than
75.31% of 81 companies
in the Diversified Financial Services industry
Industry Median: 72.37 vs STU:DMW2: 305.12

Freedom Holding's Days Payable declined from Mar. 2025 (346.37) to Mar. 2026 (289.23). It may suggest that Freedom Holding accelerated paying its suppliers.


Freedom Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Freedom Holding'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.

Freedom Holding Days Payable Chart

Freedom Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.66 146.14 395.88 438.75 396.96

Freedom Holding 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 346.37 407.68 275.11 186.38 289.23

STU:DMW2 vs VOYA, HTH, TMS: Days Payable Comparison

For the Financial Conglomerates subindustry, Freedom Holding'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.


Freedom Holding Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Freedom Holding's Days Payable falls into.


STU:DMW2
78GF Score
Freedom Holding Corp STU:DMW2
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Freedom Holding 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.

Freedom Holding's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1243.047 + 608.281) / 2 ) / 851.14*365
=925.664 / 851.14*365
=396.96

Freedom Holding'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
=( (479.605 + 608.281) / 2 ) / 171.608*365 / 4
=543.943 / 171.608*365 / 4
=289.23

* 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 289.23 mean?
Freedom Holding (STU:DMW2) has a Days Payable of 289.23 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 Freedom Holding and its competitors. This is 25% below median its historical median of 383.96. Over the past decade, Freedom Holding's Days Payable has ranged from 39.88 to 1,220.33. According to the industry distribution chart, Freedom Holding ranks #20 out of 81 companies in the Diversified Financial Services industry, placing it in the top 24.7%.
Is Freedom Holding's Days Payable too high?
Freedom Holding's current Days Payable of 289.23 is 25% below median its 10-year median of 383.96. Over the past 10 years, this metric has ranged from a low of 39.88 to a high of 1,220.33. The Diversified Financial Services industry median Days Payable is 72.37. Freedom Holding's value of 289.23 is 299.7% above this industry median. Based on the distribution chart, Freedom Holding ranks #20 out of 81 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Freedom Holding has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's Days Payable compare to VOYA and HTH?
According to the Diversified Financial Services industry distribution chart, Freedom Holding ranks #20 out of 81 companies for Days Payable. This places Freedom Holding in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 72.37. Freedom Holding's value of 289.23 is 299.7% above this benchmark. Historically, Freedom Holding's own Days Payable has ranged from 39.88 to 1,220.33 over the past decade. While the company's 10-year median is 383.96 vs. the industry median of 72.37, Freedom Holding 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 Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 72.37, based on 81 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. Freedom Holding's current Days Payable of 289.23 is 299.7% 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 Freedom Holding and its competitors. For the Diversified Financial Services industry, the median Days Payable is 72.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freedom Holding's current Days Payable is 289.23, which is 25% below median its own 10-year median of 383.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Holding stock overvalued right now?
Based on GuruFocus' analysis, Freedom Holding (STU:DMW2) is currently considered Fairly Valued. The stock's GF Value™ is €132.82, compared to a current price of €140.00 — trading 5.4% above its estimated fair value. The current Days Payable is 289.23, which is 25% below median its 10-year median of 383.96 and 299.7% above the Diversified Financial Services industry median of 72.37. Freedom Holding's overall GF Score™ is 78/100 with 11 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 Freedom Holding (STU:DMW2), the current Days Payable is 289.23 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 Freedom Holding (STU:DMW2) Overvalued in 2026?

Based on GuruFocus' analysis, Freedom Holding stock appears to be overvalued. The current stock price of €140.00 is trading 5.4% above its estimated GF Value™ of €132.82. GuruFocus considers Freedom Holding to be Fairly Valued.

Key valuation signals for STU:DMW2:

  • Days Payable: 289.23 (25% below median its 10-year median of 383.96)
  • GF Value™: €132.82 vs. price of €140.00 (5.4% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 299.7% above the Diversified Financial Services median (#20 of 81)

No single metric tells the full story. See the STU:DMW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Freedom Holding Business Description

Address 40 Wall Street, 58th Floor, New York, NY, USA, 10005
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
78GF Score

Get the complete analysis for STU:DMW2

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

€140.00
Price
€132.82
GF Value