SWX (Southwest Gas Holdings) Days Payable: 65.79 (As of Mar. 2026) — 66% Above Median


SWX Southwest Gas Holdings Inc SWX
70 GF Score
Price $88.77
GF Value $66.87
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Southwest Gas Holdings Days Payable?

Southwest Gas Holdings SWX -0.31% 70 Days Payable is 65.79 as of Mar. 2026, which is 66% above its 10-year median of 39.55. GuruFocus rates SWX with a GF Score™ of 70/100 and a GF Value™ of $66.87 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 481 Utilities - Regulated companies, Southwest Gas Holdings ranks worse than 68.61% on this metric.

Southwest Gas Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $174 Mil. Southwest Gas Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $241 Mil. Hence, Southwest Gas Holdings's Days Payable for the three months ended in Mar. 2026 was 65.79.

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

SWX' s Days Payable Range Over the Past 10 Years
Min: 34.6   Med: 39.55   Max: 103.09
Current: 46.61

During the past 13 years, Southwest Gas Holdings's highest Days Payable was 103.09. The lowest was 34.60. And the median was 39.55.

SWX's Days Payable is ranked worse than
68.61% of 481 companies
in the Utilities - Regulated industry
Industry Median: 70.61 vs SWX: 46.61

Southwest Gas Holdings's Days Payable increased from Mar. 2025 (48.81) to Mar. 2026 (65.79). It may suggest that Southwest Gas Holdings delayed paying its suppliers.


Southwest Gas Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Southwest Gas 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.

Southwest Gas Holdings Days Payable Chart

Southwest Gas 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 37.31 46.74 103.09 58.54 72.99

Southwest Gas 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 48.81 25.79 96.03 75.11 65.79

SWX vs NJR, BKH, UGI: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Southwest Gas 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.


Southwest Gas Holdings Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southwest Gas Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Southwest Gas Holdings's Days Payable falls into.


SWX
70GF Score
Southwest Gas Holdings Inc SWX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Southwest Gas 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.

Southwest Gas 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
=( (190.918 + 225.732) / 2 ) / 1041.7*365
=208.325 / 1041.7*365
=72.99

Southwest Gas 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
=( (225.732 + 122.008) / 2 ) / 241.155*365 / 4
=173.87 / 241.155*365 / 4
=65.79

* 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 65.79 mean?
Southwest Gas Holdings (SWX) has a Days Payable of 65.79 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 Southwest Gas Holdings and its competitors. This is 66% above median its historical median of 39.55. Over the past decade, Southwest Gas Holdings' Days Payable has ranged from 34.60 to 103.09. According to the industry distribution chart, Southwest Gas Holdings ranks #330 out of 481 companies in the Utilities - Regulated industry, placing it in the top 68.6%.
Is Southwest Gas Holdings' Days Payable too high?
Southwest Gas Holdings' current Days Payable of 65.79 is 66% above median its 10-year median of 39.55. Over the past 10 years, this metric has ranged from a low of 34.60 to a high of 103.09. The Utilities - Regulated industry median Days Payable is 70.61. Southwest Gas Holdings' value of 65.79 is 6.8% below this industry median. Based on the distribution chart, Southwest Gas Holdings ranks #330 out of 481 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Southwest Gas Holdings has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Southwest Gas Holdings' Days Payable compare to NJR and BKH?
According to the Utilities - Regulated industry distribution chart, Southwest Gas Holdings ranks #330 out of 481 companies for Days Payable. This places Southwest Gas Holdings in the lower half of its industry. The industry median Days Payable is 70.61. Southwest Gas Holdings' value of 65.79 is 6.8% below this benchmark. Historically, Southwest Gas Holdings' own Days Payable has ranged from 34.60 to 103.09 over the past decade. While the company's 10-year median is 39.55 vs. the industry median of 70.61, Southwest Gas Holdings 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 an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.61, based on 481 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. Southwest Gas Holdings's current Days Payable of 65.79 is 6.8% 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 Southwest Gas Holdings and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southwest Gas Holdings's current Days Payable is 65.79, which is 66% above median its own 10-year median of 39.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southwest Gas Holdings stock overvalued right now?
Based on GuruFocus' analysis, Southwest Gas Holdings (SWX) is currently considered Significantly Overvalued. The stock's GF Value™ is $66.87, compared to a current price of $88.77 — trading 32.8% above its estimated fair value. The current Days Payable is 65.79, which is 66% above median its 10-year median of 39.55 and 6.8% below the Utilities - Regulated industry median of 70.61. Southwest Gas Holdings' overall GF Score™ is 70/100 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 Southwest Gas Holdings (SWX), the current Days Payable is 65.79 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 Southwest Gas Holdings (SWX) Overvalued in 2026?

Based on GuruFocus' analysis, Southwest Gas Holdings stock appears to be overvalued. The current stock price of $88.77 is trading 32.8% above its estimated GF Value™ of $66.87. GuruFocus considers Southwest Gas Holdings to be Significantly Overvalued.

Key valuation signals for SWX:

  • Days Payable: 65.79 (66% above median its 10-year median of 39.55)
  • GF Value™: $66.87 vs. price of $88.77 (32.8% above fair value)
  • GF Score™: 70/100 with 11 warning signs
  • Industry Position: 6.8% below the Utilities - Regulated median (#330 of 481)

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


Southwest Gas Holdings Business Description

Address 8360 South Durango Drive, Post Office Box 98510, Las Vegas, NV, USA, 89113
Southwest Gas Holdings Inc is a utility company engaged in the purchasing, distributing, and transporting of natural gas in the American Southwest. The company segments its activities into natural gas distribution segment. The Natural gas distribution segment encompasses the company's core natural gas business as distributors in the states of Arizona and Nevada. Its division is responsible for roughly half of Southwest Gas' total revenue through the sale of natural gas to mainly residential and small commercial customers.
70GF Score

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

$88.77
Price
$66.87
GF Value