ATSTSX:ATS +0.35%81 Days Payable is 105.63 as of Mar. 2026, which is 3% above its 10-year median of 103.05. GuruFocus rates TSX:ATS with a GF Score™ of 81/100 and a GF Value™ of C$45.22 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,997 Industrial Products companies, ATS ranks better than 65.7% on this metric.
ATS's average Accounts Payable for the
three
months ended in Mar. 2026 was C$647 Mil. ATS's Cost of Goods Sold for the
three
months ended in Mar. 2026 was C$559 Mil.
Hence, ATS's Days Payable for the
three
months ended in Mar. 2026 was 105.63.
The historical rank and industry rank for ATS's Days Payable or its related term are showing as below:
TSX:ATS'
s Days Payable Range Over the Past 10 Years
Min: 87.06 Med: 103.05 Max: 122.81
Current: 112.55
During the past 13 years, ATS's highest Days Payable was 122.81. The lowest was 87.06. And the median was 103.05.
TSX:ATS's Days Payable is ranked better than 65.7% of 2997
companies
in the Industrial Products industry
Industry Median: 77.54
vs TSX:ATS: 112.55
ATS's Days Payable
declined
from Mar. 2025 (115.29) to Mar. 2026 (105.63).
It may suggest that ATSaccelerated paying its suppliers.
ATS Days Payable Related Terms
ATS Days Payable Historical Data
* Premium members only.
The historical data trend for ATS'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 Specialty Industrial Machinery subindustry, ATS'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.
ATS Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ATS's Days Payable distribution charts can be found below:
* The bar in red indicates where ATS'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.
ATS's Days Payable for the fiscal year that ended in Mar. 2026 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.
ATS (TSX:ATS) has a Days Payable of 105.63 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 ATS and its competitors. This is near median its historical median of 103.05. Over the past decade, ATS's Days Payable has ranged from 87.06 to 122.81. According to the industry distribution chart, ATS ranks #1028 out of 2997 companies in the Industrial Products industry, placing it in the top 34.3%.
Is ATS's Days Payable too high?
ATS's current Days Payable of 105.63 is near median its 10-year median of 103.05. Over the past 10 years, this metric has ranged from a low of 87.06 to a high of 122.81. The Industrial Products industry median Days Payable is 77.54. ATS's value of 105.63 is 36.2% above this industry median. Based on the distribution chart, ATS ranks #1028 out of 2997 companies in the Industrial Products industry, which is above the industry midpoint. Overall, ATS has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ATS's Days Payable compare to GEV and ETN?
According to the Industrial Products industry distribution chart, ATS ranks #1028 out of 2997 companies for Days Payable. This puts ATS in the upper half of its industry. The industry median Days Payable is 77.54. ATS's value of 105.63 is 36.2% above this benchmark. Historically, ATS's own Days Payable has ranged from 87.06 to 122.81 over the past decade. While the company's 10-year median is 103.05 vs. the industry median of 77.54, ATS 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 77.54, based on 2,997 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. ATS's current Days Payable of 105.63 is 36.2% 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 ATS and its competitors. For the Industrial Products industry, the median Days Payable is 77.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ATS's current Days Payable is 105.63, which is near median its own 10-year median of 103.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATS stock overvalued right now?
Based on GuruFocus' analysis, ATS (TSX:ATS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$45.22, compared to a current price of C$39.96 — trading 11.6% below its estimated fair value. The current Days Payable is 105.63, which is near median its 10-year median of 103.05 and 36.2% above the Industrial Products industry median of 77.54. ATS's overall GF Score™ is 81/100 with 5 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 ATS (TSX:ATS), the current Days Payable is 105.63 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 ATS (TSX:ATS) Overvalued in 2026?
Based on GuruFocus' analysis, ATS stock appears to be undervalued.
The current stock price of C$39.96 is trading 11.6% below its estimated GF Value™ of C$45.22.
GuruFocus considers ATS to be Modestly Undervalued.
Key valuation signals for TSX:ATS:
Days Payable: 105.63 (near median its 10-year median of 103.05)
GF Value™: C$45.22 vs. price of C$39.96 (11.6% below fair value)
Industry Position: 36.2% above the Industrial Products median (#1028 of 2997)
No single metric tells the full story. See the TSX:ATS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ATS Corp is an industry leader in planning, designing, building, commissioning and servicing automated manufacturing systems - including automation products and test solutions - for a broadly diversified base of customers. The Company's operations are reported as one operating segment, Automation Systems, which plans, allocates resources, builds capabilities and implements practices on a world'wide basis. The company has presence in Canada, United States, Germany, Italy, Other Europe, and Other.
81GF Score
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