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Ballard Power SystemsTSX:BLDP -4.80%74 Days Payable is 71.83 as of Mar. 2026, which is 46% above its 10-year median of 49.12. GuruFocus rates TSX:BLDP with a GF Score™ of 74/100 and a GF Value™ of C$4.19 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,993 Industrial Products companies, Ballard Power Systems ranks worse than 55.66% on this metric.
Ballard Power Systems Days Payable Historical Data
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The historical data trend for Ballard Power Systems'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 Electrical Equipment & Parts subindustry, Ballard Power Systems'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.
Ballard Power Systems Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's Days Payable distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems'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.
Ballard Power Systems'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.
Ballard Power Systems (TSX:BLDP) has a Days Payable of 71.83 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 Ballard Power Systems and its competitors. This is 46% above median its historical median of 49.12. Over the past decade, Ballard Power Systems' Days Payable has ranged from 44.47 to 68.53. According to the industry distribution chart, Ballard Power Systems ranks #1666 out of 2993 companies in the Industrial Products industry, placing it in the top 55.7%.
Is Ballard Power Systems' Days Payable too high?
Ballard Power Systems' current Days Payable of 71.83 is 46% above median its 10-year median of 49.12. Over the past 10 years, this metric has ranged from a low of 44.47 to a high of 68.53. The Industrial Products industry median Days Payable is 78.04. Ballard Power Systems' value of 71.83 is 8% below this industry median. Based on the distribution chart, Ballard Power Systems ranks #1666 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ballard Power Systems has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ballard Power Systems ranks #1666 out of 2993 companies for Days Payable. This places Ballard Power Systems in the lower half of its industry. The industry median Days Payable is 78.04. Ballard Power Systems' value of 71.83 is 8% below this benchmark. Historically, Ballard Power Systems' own Days Payable has ranged from 44.47 to 68.53 over the past decade. While the company's 10-year median is 49.12 vs. the industry median of 78.04, Ballard Power Systems 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.04, based on 2,993 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. Ballard Power Systems's current Days Payable of 71.83 is 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 Ballard Power Systems and its competitors. For the Industrial Products industry, the median Days Payable is 78.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballard Power Systems's current Days Payable is 71.83, which is 46% above median its own 10-year median of 49.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Based on GuruFocus' analysis, Ballard Power Systems (TSX:BLDP) is currently considered Fairly Valued. The stock's GF Value™ is C$4.19, compared to a current price of C$4.20 — trading 0.2% above its estimated fair value. The current Days Payable is 71.83, which is 46% above median its 10-year median of 49.12 and 8% below the Industrial Products industry median of 78.04. Ballard Power Systems' overall GF Score™ is 74/100 with 4 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 Ballard Power Systems (TSX:BLDP), the current Days Payable is 71.83 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 Ballard Power Systems (TSX:BLDP) Overvalued in 2026?
Based on GuruFocus' analysis, Ballard Power Systems stock appears to be overvalued.
The current stock price of C$4.20 is trading 0.2% above its estimated GF Value™ of C$4.19.
GuruFocus considers Ballard Power Systems to be Fairly Valued.
Key valuation signals for TSX:BLDP:
Days Payable: 71.83 (46% above median its 10-year median of 49.12)
GF Value™: C$4.19 vs. price of C$4.20 (0.2% above fair value)
Industry Position: 8% below the Industrial Products median (#1666 of 2993)
No single metric tells the full story. See the TSX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
74GF Score
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