Imperial Brands (STU:ITBA) Days Payable: 85.35 (As of Mar. 2026) — 341% Above Median


STU:ITBA Imperial Brands PLC STU:ITBA
72 GF Score
Price €32.40
GF Value €20.71
! 3 Warning Signs
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What is Imperial Brands Days Payable?

Imperial Brands STU:ITBA 72 Days Payable is 85.35 as of Mar. 2026, which is 341% above its 10-year median of 19.36. GuruFocus rates STU:ITBA with a GF Score™ of 72/100 and a GF Value™ of €20.71. The stock has 3 warning signs investors should review. Among 47 Tobacco Products companies, Imperial Brands ranks better than 68.09% on this metric.

Imperial Brands's average Accounts Payable for the six months ended in Mar. 2026 was €6,231 Mil. Imperial Brands's Cost of Goods Sold for the six months ended in Mar. 2026 was €13,323 Mil. Hence, Imperial Brands's Days Payable for the six months ended in Mar. 2026 was 85.35.

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

STU:ITBA' s Days Payable Range Over the Past 10 Years
Min: 15.06   Med: 19.36   Max: 92.76
Current: 92.76

During the past 13 years, Imperial Brands's highest Days Payable was 92.76. The lowest was 15.06. And the median was 19.36.

STU:ITBA's Days Payable is ranked better than
68.09% of 47 companies
in the Tobacco Products industry
Industry Median: 54 vs STU:ITBA: 92.76

Imperial Brands's Days Payable increased from Mar. 2025 (79.05) to Mar. 2026 (85.35). It may suggest that Imperial Brands delayed paying its suppliers.


Imperial Brands Days Payable Historical Data

* Premium members only.

The historical data trend for Imperial Brands'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.

Imperial Brands Days Payable Chart

Imperial Brands Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.59 16.41 20.05 21.11 23.64

Imperial Brands Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 81.20 70.03 79.05 69.77 85.35

STU:ITBA vs PM, MO, TPB: Days Payable Comparison

For the Tobacco subindustry, Imperial Brands'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.


Imperial Brands Days Payable vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Imperial Brands's Days Payable distribution charts can be found below:

* The bar in red indicates where Imperial Brands's Days Payable falls into.


STU:ITBA
72GF Score
Imperial Brands PLC STU:ITBA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Imperial Brands 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.

Imperial Brands's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1786.507 + 1967.659) / 2 ) / 28978.362*365
=1877.083 / 28978.362*365
=23.64

Imperial Brands'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1967.659 + 10494.18) / 2 ) / 13323.306*365 / 2
=6230.9195 / 13323.306*365 / 2
=85.35

* 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 85.35 mean?
Imperial Brands (STU:ITBA) has a Days Payable of 85.35 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 Imperial Brands and its competitors. This is 341% above median its historical median of 19.36. Over the past decade, Imperial Brands' Days Payable has ranged from 15.06 to 92.76. According to the industry distribution chart, Imperial Brands ranks #15 out of 47 companies in the Tobacco Products industry, placing it in the top 31.9%.
Is Imperial Brands' Days Payable too high?
Imperial Brands' current Days Payable of 85.35 is 341% above median its 10-year median of 19.36. Over the past 10 years, this metric has ranged from a low of 15.06 to a high of 92.76. The Tobacco Products industry median Days Payable is 54.00. Imperial Brands' value of 85.35 is 58.1% above this industry median. Based on the distribution chart, Imperial Brands ranks #15 out of 47 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, Imperial Brands has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Imperial Brands' Days Payable compare to PM and MO?
According to the Tobacco Products industry distribution chart, Imperial Brands ranks #15 out of 47 companies for Days Payable. This puts Imperial Brands in the upper half of its industry. The industry median Days Payable is 54.00. Imperial Brands' value of 85.35 is 58.1% above this benchmark. Historically, Imperial Brands' own Days Payable has ranged from 15.06 to 92.76 over the past decade. While the company's 10-year median is 19.36 vs. the industry median of 54.00, Imperial Brands 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 Tobacco Products company?
The median Days Payable among Tobacco Products companies is 54.00, based on 47 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. Imperial Brands's current Days Payable of 85.35 is 58.1% 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 Imperial Brands and its competitors. For the Tobacco Products industry, the median Days Payable is 54.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Brands's current Days Payable is 85.35, which is 341% above median its own 10-year median of 19.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Brands stock overvalued right now?
Imperial Brands (STU:ITBA) has a current Days Payable of 85.35. The stock's GF Value™ is €20.71, compared to a current price of €32.40 — trading 56.4% above its estimated fair value. The current Days Payable is 85.35, which is 341% above median its 10-year median of 19.36 and 58.1% above the Tobacco Products industry median of 54.00. Imperial Brands' overall GF Score™ is 72/100 with 3 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 Imperial Brands (STU:ITBA), the current Days Payable is 85.35 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 Imperial Brands (STU:ITBA) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Brands stock appears to be overvalued. The current stock price of €32.40 is trading 56.4% above its estimated GF Value™ of €20.71.

Key valuation signals for STU:ITBA:

  • Days Payable: 85.35 (341% above median its 10-year median of 19.36)
  • GF Value™: €20.71 vs. price of €32.40 (56.4% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 58.1% above the Tobacco Products median (#15 of 47)

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


Imperial Brands Business Description

Address 121 Winterstoke Road, Bristol, GBR, BS3 2LL
Imperial Brands is the world's fourth-largest international tobacco company (excluding China National Tobacco), with total fiscal 2025 volume of 187 billion cigarettes sold in more than 120 countries. Its largest and most important markets are the US (where it sits as the third-largest manufacturer, following its acquisition of the Winston and Blu brands), Germany, the UK, Spain, and Australia. The firm also holds a leading global position in the fine-cut tobacco and hand-rolling paper categories. It has a logistics platform in Western Europe, Altadis.
72GF Score

Get the complete analysis for STU:ITBA

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

€32.40
Price
€20.71
GF Value