Tantalus Systems Holding (TSX:GRID) Days Payable: 135.25 (As of Mar. 2026) — Near Median


TSX:GRID Tantalus Systems Holding Inc TSX:GRID
41 GF Score
Price C$5.15
GF Value C$2.17
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Tantalus Systems Holding Days Payable?

Tantalus Systems Holding TSX:GRID +0.78% 41 Days Payable is 135.25 as of Mar. 2026, which is 2% below its 10-year median of 137.89. GuruFocus rates TSX:GRID with a GF Score™ of 41/100 and a GF Value™ of C$2.17 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Tantalus Systems Holding ranks better than 69.91% on this metric.

Tantalus Systems Holding's average Accounts Payable for the three months ended in Mar. 2026 was C$14.65 Mil. Tantalus Systems Holding's Cost of Goods Sold for the three months ended in Mar. 2026 was C$9.88 Mil. Hence, Tantalus Systems Holding's Days Payable for the three months ended in Mar. 2026 was 135.25.

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

TSX:GRID' s Days Payable Range Over the Past 10 Years
Min: 110.02   Med: 137.89   Max: 148
Current: 126.98

During the past 5 years, Tantalus Systems Holding's highest Days Payable was 148.00. The lowest was 110.02. And the median was 137.89.

TSX:GRID's Days Payable is ranked better than
69.91% of 2991 companies
in the Industrial Products industry
Industry Median: 78.08 vs TSX:GRID: 126.98

Tantalus Systems Holding's Days Payable increased from Mar. 2025 (123.80) to Mar. 2026 (135.25). It may suggest that Tantalus Systems Holding delayed paying its suppliers.


Tantalus Systems Holding Days Payable Historical Data

* Premium members only.

The historical data trend for Tantalus Systems Holding'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.

Tantalus Systems Holding Days Payable Chart

Tantalus Systems Holding Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
110.02 119.55 147.61 137.89 148.00

Tantalus Systems Holding 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 123.80 118.53 123.93 140.34 135.25

TSX:GRID vs VRT, BE: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Tantalus Systems Holding'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.


Tantalus Systems Holding Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tantalus Systems Holding's Days Payable distribution charts can be found below:

* The bar in red indicates where Tantalus Systems Holding's Days Payable falls into.


TSX:GRID
41GF Score
Tantalus Systems Holding Inc TSX:GRID
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tantalus Systems Holding 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.

Tantalus Systems Holding'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
=( (11.378 + 16.052) / 2 ) / 33.824*365
=13.715 / 33.824*365
=148.00

Tantalus Systems Holding'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
=( (16.052 + 13.244) / 2 ) / 9.883*365 / 4
=14.648 / 9.883*365 / 4
=135.25

* 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 135.25 mean?
Tantalus Systems Holding (TSX:GRID) has a Days Payable of 135.25 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 Tantalus Systems Holding and its competitors. This is near median its historical median of 137.89. Over the past decade, Tantalus Systems Holding's Days Payable has ranged from 110.02 to 148.00. According to the industry distribution chart, Tantalus Systems Holding ranks #900 out of 2991 companies in the Industrial Products industry, placing it in the top 30.1%.
Is Tantalus Systems Holding's Days Payable too high?
Tantalus Systems Holding's current Days Payable of 135.25 is near median its 10-year median of 137.89. Over the past 10 years, this metric has ranged from a low of 110.02 to a high of 148.00. The Industrial Products industry median Days Payable is 78.08. Tantalus Systems Holding's value of 135.25 is 73.2% above this industry median. Based on the distribution chart, Tantalus Systems Holding ranks #900 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Tantalus Systems Holding has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tantalus Systems Holding's Days Payable compare to VRT and BE?
According to the Industrial Products industry distribution chart, Tantalus Systems Holding ranks #900 out of 2991 companies for Days Payable. This puts Tantalus Systems Holding in the upper half of its industry. The industry median Days Payable is 78.08. Tantalus Systems Holding's value of 135.25 is 73.2% above this benchmark. Historically, Tantalus Systems Holding's own Days Payable has ranged from 110.02 to 148.00 over the past decade. While the company's 10-year median is 137.89 vs. the industry median of 78.08, Tantalus Systems Holding 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 78.08, based on 2,991 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. Tantalus Systems Holding's current Days Payable of 135.25 is 73.2% 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 Tantalus Systems Holding and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tantalus Systems Holding's current Days Payable is 135.25, which is near median its own 10-year median of 137.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tantalus Systems Holding stock overvalued right now?
Based on GuruFocus' analysis, Tantalus Systems Holding (TSX:GRID) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.17, compared to a current price of C$5.15 — trading 137.3% above its estimated fair value. The current Days Payable is 135.25, which is near median its 10-year median of 137.89 and 73.2% above the Industrial Products industry median of 78.08. Tantalus Systems Holding's overall GF Score™ is 41/100 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 Tantalus Systems Holding (TSX:GRID), the current Days Payable is 135.25 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 Tantalus Systems Holding (TSX:GRID) Overvalued in 2026?

Based on GuruFocus' analysis, Tantalus Systems Holding stock appears to be overvalued. The current stock price of C$5.15 is trading 137.3% above its estimated GF Value™ of C$2.17. GuruFocus considers Tantalus Systems Holding to be Significantly Overvalued.

Key valuation signals for TSX:GRID:

  • Days Payable: 135.25 (near median its 10-year median of 137.89)
  • GF Value™: C$2.17 vs. price of C$5.15 (137.3% above fair value)
  • GF Score™: 41/100 with 2 warning signs
  • Industry Position: 73.2% above the Industrial Products median (#900 of 2991)

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


Tantalus Systems Holding Business Description

Other Exchanges TGMPF:USA
Address 3555 Gilmore Way, Suite 200, Burnaby, BC, CAN, V5G 0B3
Tantalus Systems Holding Inc is a Canada-based company engaged in developing and delivering purpose-built smart grid solutions for public power and electric cooperative utilities. Its segments include the Connected Devices and Infrastructure Segment and Utility Software Applications and Services, and the majority of the revenue comes from Connected Devices. Geographic regions are the United States, Canada, and Others, and the majority of the revenue comes from the United States.
41GF Score

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

C$5.15
Price
C$2.17
GF Value