TGLS (Tecnoglass) Days Payable: 82.73 (As of Mar. 2026) — Near Median


TGLS Tecnoglass Inc TGLS
86 GF Score
Price $44.07
GF Value $67.53
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Tecnoglass Days Payable?

Tecnoglass TGLS -2.74% 86 Days Payable is 82.73 as of Mar. 2026, which is 8% above its 10-year median of 76.33. GuruFocus rates TGLS with a GF Score™ of 86/100 and a GF Value™ of $67.53 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 396 Building Materials companies, Tecnoglass ranks better than 58.08% on this metric.

Tecnoglass's average Accounts Payable for the three months ended in Mar. 2026 was $139 Mil. Tecnoglass's Cost of Goods Sold for the three months ended in Mar. 2026 was $153 Mil. Hence, Tecnoglass's Days Payable for the three months ended in Mar. 2026 was 82.73.

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

TGLS' s Days Payable Range Over the Past 10 Years
Min: 64.97   Med: 76.33   Max: 87.84
Current: 82.2

During the past 13 years, Tecnoglass's highest Days Payable was 87.84. The lowest was 64.97. And the median was 76.33.

TGLS's Days Payable is ranked better than
58.08% of 396 companies
in the Building Materials industry
Industry Median: 69.22 vs TGLS: 82.20

Tecnoglass's Days Payable increased from Mar. 2025 (81.23) to Mar. 2026 (82.73). It may suggest that Tecnoglass delayed paying its suppliers.


Tecnoglass Days Payable Historical Data

* Premium members only.

The historical data trend for Tecnoglass'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.

Tecnoglass Days Payable Chart

Tecnoglass 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 68.49 78.69 71.37 64.97 73.39

Tecnoglass 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 81.23 84.62 80.75 78.37 82.73

TGLS vs RMIX, MCEM, TTAM: Days Payable Comparison

For the Building Materials subindustry, Tecnoglass'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.


Tecnoglass Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tecnoglass's Days Payable distribution charts can be found below:

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


TGLS
86GF Score
Tecnoglass Inc TGLS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tecnoglass 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.

Tecnoglass'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
=( (98.843 + 127.228) / 2 ) / 562.2*365
=113.0355 / 562.2*365
=73.39

Tecnoglass'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
=( (127.228 + 150.536) / 2 ) / 153.178*365 / 4
=138.882 / 153.178*365 / 4
=82.73

* 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 82.73 mean?
Tecnoglass (TGLS) has a Days Payable of 82.73 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 Tecnoglass and its competitors. This is near median its historical median of 76.33. Over the past decade, Tecnoglass' Days Payable has ranged from 64.97 to 87.84. According to the industry distribution chart, Tecnoglass ranks #166 out of 396 companies in the Building Materials industry, placing it in the top 41.9%.
Is Tecnoglass' Days Payable too high?
Tecnoglass' current Days Payable of 82.73 is near median its 10-year median of 76.33. Over the past 10 years, this metric has ranged from a low of 64.97 to a high of 87.84. The Building Materials industry median Days Payable is 69.22. Tecnoglass' value of 82.73 is 19.5% above this industry median. Based on the distribution chart, Tecnoglass ranks #166 out of 396 companies in the Building Materials industry, which is above the industry midpoint. Overall, Tecnoglass has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tecnoglass' Days Payable compare to RMIX and MCEM?
According to the Building Materials industry distribution chart, Tecnoglass ranks #166 out of 396 companies for Days Payable. This puts Tecnoglass in the upper half of its industry. The industry median Days Payable is 69.22. Tecnoglass' value of 82.73 is 19.5% above this benchmark. Historically, Tecnoglass' own Days Payable has ranged from 64.97 to 87.84 over the past decade. While the company's 10-year median is 76.33 vs. the industry median of 69.22, Tecnoglass 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 Building Materials company?
The median Days Payable among Building Materials companies is 69.22, based on 396 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. Tecnoglass's current Days Payable of 82.73 is 19.5% 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 Tecnoglass and its competitors. For the Building Materials industry, the median Days Payable is 69.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tecnoglass's current Days Payable is 82.73, which is near median its own 10-year median of 76.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tecnoglass stock overvalued right now?
Based on GuruFocus' analysis, Tecnoglass (TGLS) is currently considered Possible Value Trap. The stock's GF Value™ is $67.53, compared to a current price of $44.07 — trading 34.7% below its estimated fair value. The current Days Payable is 82.73, which is near median its 10-year median of 76.33 and 19.5% above the Building Materials industry median of 69.22. Tecnoglass' overall GF Score™ is 86/100 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 Tecnoglass (TGLS), the current Days Payable is 82.73 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 Tecnoglass (TGLS) Overvalued in 2026?

Based on GuruFocus' analysis, Tecnoglass stock appears to be undervalued. The current stock price of $44.07 is trading 34.7% below its estimated GF Value™ of $67.53. GuruFocus considers Tecnoglass to be Possible Value Trap.

Key valuation signals for TGLS:

  • Days Payable: 82.73 (near median its 10-year median of 76.33)
  • GF Value™: $67.53 vs. price of $44.07 (34.7% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 19.5% above the Building Materials median (#166 of 396)

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


Tecnoglass Business Description

Other Exchanges 7FH:Germany
Address Avenida Circunvalar a 100 mts de la Via 40, Barrio Las Flores, Barranquilla, COL
Tecnoglass Inc is a manufacturer of hi-spec architectural glass and windows for residential and commercial construction industries, operating through its direct and indirect subsidiaries. Its product offerings include tempered glass, laminated glass, thermo-acoustic glass, sliding windows, projecting windows, guillotine windows, sliding doors, loating facades, automatic doors, bathroom dividers, and commercial display windows, among others. The company has one operating segment, Architectural Glass and Windows, which is also its reporting segment. Geographically, the company generates maximum revenue from its customers in the United States, followed by Colombia, Panama, and other regions.
86GF Score

Get the complete analysis for TGLS

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

$44.07
Price
$67.53
GF Value