ThalesTHLLY -1.55%90 Days Payable is 114.07 as of Dec. 2025, which is 20% above its 10-year median of 94.98. GuruFocus rates THLLY with a GF Score™ of 90/100 and a GF Value™ of $42.08 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 337 Aerospace & Defense companies, Thales ranks better than 67.06% on this metric.
Thales's average Accounts Payable for the
six
months ended in Dec. 2025 was $6,387 Mil. Thales's Cost of Goods Sold for the
six
months ended in Dec. 2025 was $10,219 Mil.
Hence, Thales's Days Payable for the
six
months ended in Dec. 2025 was 114.07.
The historical rank and industry rank for Thales's Days Payable or its related term are showing as below:
THLLY'
s Days Payable Range Over the Past 10 Years
Min: 63.7 Med: 94.98 Max: 170.47
Current: 104.9
During the past 13 years, Thales's highest Days Payable was 170.47. The lowest was 63.70. And the median was 94.98.
THLLY's Days Payable is ranked better than 67.06% of 337
companies
in the Aerospace & Defense industry
Industry Median: 65.05
vs THLLY: 104.90
Thales's Days Payable
declined
from Dec. 2024 (121.45) to Dec. 2025 (114.07).
It may suggest that Thalesaccelerated paying its suppliers.
Thales Days Payable Related Terms
Thales Days Payable Historical Data
* Premium members only.
The historical data trend for Thales'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 Aerospace & Defense subindustry, Thales'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.
Thales Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Thales's Days Payable distribution charts can be found below:
* The bar in red indicates where Thales'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.
Thales's Days Payable for the fiscal year that ended in Dec. 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.
Thales (THLLY) has a Days Payable of 114.07 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Thales and its competitors. This is 20% above median its historical median of 94.98. Over the past decade, Thales' Days Payable has ranged from 63.70 to 170.47. According to the industry distribution chart, Thales ranks #111 out of 337 companies in the Aerospace & Defense industry, placing it in the top 32.9%.
Is Thales' Days Payable too high?
Thales' current Days Payable of 114.07 is 20% above median its 10-year median of 94.98. Over the past 10 years, this metric has ranged from a low of 63.70 to a high of 170.47. The Aerospace & Defense industry median Days Payable is 65.05. Thales' value of 114.07 is 75.4% above this industry median. Based on the distribution chart, Thales ranks #111 out of 337 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Thales has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thales' Days Payable compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Thales ranks #111 out of 337 companies for Days Payable. This puts Thales in the upper half of its industry. The industry median Days Payable is 65.05. Thales' value of 114.07 is 75.4% above this benchmark. Historically, Thales' own Days Payable has ranged from 63.70 to 170.47 over the past decade. While the company's 10-year median is 94.98 vs. the industry median of 65.05, Thales 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 an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 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. Thales's current Days Payable of 114.07 is 75.4% 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 Thales and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thales's current Days Payable is 114.07, which is 20% above median its own 10-year median of 94.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thales stock overvalued right now?
Based on GuruFocus' analysis, Thales (THLLY) is currently considered Modestly Overvalued. The stock's GF Value™ is $42.08, compared to a current price of $50.13 — trading 19.1% above its estimated fair value. The current Days Payable is 114.07, which is 20% above median its 10-year median of 94.98 and 75.4% above the Aerospace & Defense industry median of 65.05. Thales' overall GF Score™ is 90/100 with 2 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 Thales (THLLY), the current Days Payable is 114.07 as of Dec. 2025. 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 Thales (THLLY) Overvalued in 2026?
Based on GuruFocus' analysis, Thales stock appears to be overvalued.
The current stock price of $50.13 is trading 19.1% above its estimated GF Value™ of $42.08.
GuruFocus considers Thales to be Modestly Overvalued.
Key valuation signals for THLLY:
Days Payable: 114.07 (20% above median its 10-year median of 94.98)
GF Value™: $42.08 vs. price of $50.13 (19.1% above fair value)
Industry Position: 75.4% above the Aerospace & Defense median (#111 of 337)
No single metric tells the full story. See the THLLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thales is a French aerospace and defense industrial and one of Europe's largest defense contractors. The company has three segments: defense and security provides sensors, mission systems, communications, and control systems to European and export defense customers; aerospace sells avionics and satellites to the civil, defense, and governmental markets; and digital identity and security provides biometric, data, and identity security solutions, payments services, and the manufacturing of SIM cards.
90GF Score
Get the complete analysis for THLLY
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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