Badger Infrastructure Solutions (TSX:BDGI) Days Payable: 42.59 (As of Mar. 2026) — 133% Above Median


TSX:BDGI Badger Infrastructure Solutions Ltd TSX:BDGI
89 GF Score
Price C$93.90
GF Value C$56.25
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Badger Infrastructure Solutions Days Payable?

Badger Infrastructure Solutions TSX:BDGI +3.13% 89 Days Payable is 42.59 as of Mar. 2026, which is 133% above its 10-year median of 18.26. GuruFocus rates TSX:BDGI with a GF Score™ of 89/100 and a GF Value™ of C$56.25 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,709 Construction companies, Badger Infrastructure Solutions ranks worse than 69.51% on this metric.

Badger Infrastructure Solutions's average Accounts Payable for the three months ended in Mar. 2026 was C$98 Mil. Badger Infrastructure Solutions's Cost of Goods Sold for the three months ended in Mar. 2026 was C$210 Mil. Hence, Badger Infrastructure Solutions's Days Payable for the three months ended in Mar. 2026 was 42.59.

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

TSX:BDGI' s Days Payable Range Over the Past 10 Years
Min: 14.42   Med: 18.26   Max: 51.53
Current: 51.53

During the past 13 years, Badger Infrastructure Solutions's highest Days Payable was 51.53. The lowest was 14.42. And the median was 18.26.

TSX:BDGI's Days Payable is ranked worse than
69.51% of 1709 companies
in the Construction industry
Industry Median: 76.72 vs TSX:BDGI: 51.53

Badger Infrastructure Solutions's Days Payable increased from Mar. 2025 (39.72) to Mar. 2026 (42.59). It may suggest that Badger Infrastructure Solutions delayed paying its suppliers.


Badger Infrastructure Solutions Days Payable Related Terms


Badger Infrastructure Solutions Days Payable Historical Data

* Premium members only.

The historical data trend for Badger Infrastructure Solutions'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.

Badger Infrastructure Solutions Days Payable Chart

Badger Infrastructure Solutions 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 14.42 16.42 20.12 19.20 18.69

Badger Infrastructure Solutions 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 39.72 58.75 57.72 40.10 42.59

TSX:BDGI vs PWR, FIX, EME: Days Payable Comparison

For the Engineering & Construction subindustry, Badger Infrastructure Solutions'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.


Badger Infrastructure Solutions Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Badger Infrastructure Solutions's Days Payable distribution charts can be found below:

* The bar in red indicates where Badger Infrastructure Solutions's Days Payable falls into.


TSX:BDGI
89GF Score
Badger Infrastructure Solutions Ltd TSX:BDGI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Badger Infrastructure Solutions 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.

Badger Infrastructure Solutions'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
=( (39.178 + 44.293) / 2 ) / 815.13*365
=41.7355 / 815.13*365
=18.69

Badger Infrastructure Solutions'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
=( (44.293 + 152.158) / 2 ) / 210.439*365 / 4
=98.2255 / 210.439*365 / 4
=42.59

* 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 42.59 mean?
Badger Infrastructure Solutions (TSX:BDGI) has a Days Payable of 42.59 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 Badger Infrastructure Solutions and its competitors. This is 133% above median its historical median of 18.26. Over the past decade, Badger Infrastructure Solutions' Days Payable has ranged from 14.42 to 51.53. According to the industry distribution chart, Badger Infrastructure Solutions ranks #1188 out of 1709 companies in the Construction industry, placing it in the top 69.5%.
Is Badger Infrastructure Solutions' Days Payable too high?
Badger Infrastructure Solutions' current Days Payable of 42.59 is 133% above median its 10-year median of 18.26. Over the past 10 years, this metric has ranged from a low of 14.42 to a high of 51.53. The Construction industry median Days Payable is 76.72. Badger Infrastructure Solutions' value of 42.59 is 44.5% below this industry median. Based on the distribution chart, Badger Infrastructure Solutions ranks #1188 out of 1709 companies in the Construction industry, which is below the industry midpoint. Overall, Badger Infrastructure Solutions has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Badger Infrastructure Solutions' Days Payable compare to PWR and FIX?
According to the Construction industry distribution chart, Badger Infrastructure Solutions ranks #1188 out of 1709 companies for Days Payable. This places Badger Infrastructure Solutions in the lower half of its industry. The industry median Days Payable is 76.72. Badger Infrastructure Solutions' value of 42.59 is 44.5% below this benchmark. Historically, Badger Infrastructure Solutions' own Days Payable has ranged from 14.42 to 51.53 over the past decade. While the company's 10-year median is 18.26 vs. the industry median of 76.72, Badger Infrastructure Solutions 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 a Construction company?
The median Days Payable among Construction companies is 76.72, based on 1,709 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. Badger Infrastructure Solutions's current Days Payable of 42.59 is 44.5% 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 Badger Infrastructure Solutions and its competitors. For the Construction industry, the median Days Payable is 76.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Infrastructure Solutions's current Days Payable is 42.59, which is 133% above median its own 10-year median of 18.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Infrastructure Solutions stock overvalued right now?
Based on GuruFocus' analysis, Badger Infrastructure Solutions (TSX:BDGI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$56.25, compared to a current price of C$93.90 — trading 66.9% above its estimated fair value. The current Days Payable is 42.59, which is 133% above median its 10-year median of 18.26 and 44.5% below the Construction industry median of 76.72. Badger Infrastructure Solutions' overall GF Score™ is 89/100 with 7 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 Badger Infrastructure Solutions (TSX:BDGI), the current Days Payable is 42.59 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 Badger Infrastructure Solutions (TSX:BDGI) Overvalued in 2026?

Based on GuruFocus' analysis, Badger Infrastructure Solutions stock appears to be overvalued. The current stock price of C$93.90 is trading 66.9% above its estimated GF Value™ of C$56.25. GuruFocus considers Badger Infrastructure Solutions to be Significantly Overvalued.

Key valuation signals for TSX:BDGI:

  • Days Payable: 42.59 (133% above median its 10-year median of 18.26)
  • GF Value™: C$56.25 vs. price of C$93.90 (66.9% above fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 44.5% below the Construction median (#1188 of 1709)

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


Badger Infrastructure Solutions Business Description

Other Exchanges BDGIF:USA
Address 919 - 11th Avenue SW, Suite 400, Calgary, AB, CAN, T2R 1P3
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating and related services, with operations in both the United States and Canada. Its key technology is the Badger Hydrovac, which is used predominantly for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units into its existing and future design and manufacturing processes. It provides services to contractors and facility owners in a range of infrastructure industries, general commercial construction and industrial cleaning services.
89GF Score

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

C$93.90
Price
C$56.25
GF Value