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Canlan Ice SportsTSX:ICE 72 Days Payable is 280.86 as of Mar. 2026, which is 23% above its 10-year median of 228.15. GuruFocus rates TSX:ICE with a GF Score™ of 72/100 and a GF Value™ of C$4.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 780 Travel & Leisure companies, Canlan Ice Sports ranks better than 90.38% on this metric.
The historical rank and industry rank for Canlan Ice Sports's Days Payable or its related term are showing as below:
TSX:ICE'
s Days Payable Range Over the Past 10 Years
Min: 167.66 Med: 228.15 Max: 793.75
Current: 314.77
During the past 13 years, Canlan Ice Sports's highest Days Payable was 793.75. The lowest was 167.66. And the median was 228.15.
TSX:ICE's Days Payable is ranked better than 90.38% of 780
companies
in the Travel & Leisure industry
Industry Median: 57.215
vs TSX:ICE: 314.77
Canlan Ice Sports's Days Payable
declined
from Mar. 2025 (283.45) to Mar. 2026 (280.86).
It may suggest that Canlan Ice Sportsaccelerated paying its suppliers.
Canlan Ice Sports Days Payable Related Terms
Canlan Ice Sports Days Payable Historical Data
* Premium members only.
The historical data trend for Canlan Ice Sports'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 Leisure subindustry, Canlan Ice Sports'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.
Canlan Ice Sports Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Days Payable distribution charts can be found below:
* The bar in red indicates where Canlan Ice Sports'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.
Canlan Ice Sports'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.
Canlan Ice Sports (TSX:ICE) has a Days Payable of 280.86 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 Canlan Ice Sports and its competitors. This is 23% above median its historical median of 228.15. Over the past decade, Canlan Ice Sports' Days Payable has ranged from 167.66 to 793.75. According to the industry distribution chart, Canlan Ice Sports ranks #75 out of 780 companies in the Travel & Leisure industry, placing it in the top 9.6%.
Is Canlan Ice Sports' Days Payable too high?
Canlan Ice Sports' current Days Payable of 280.86 is 23% above median its 10-year median of 228.15. Over the past 10 years, this metric has ranged from a low of 167.66 to a high of 793.75. The Travel & Leisure industry median Days Payable is 57.22. Canlan Ice Sports' value of 280.86 is 390.9% above this industry median. Based on the distribution chart, Canlan Ice Sports ranks #75 out of 780 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Canlan Ice Sports has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canlan Ice Sports' Days Payable compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Canlan Ice Sports ranks #75 out of 780 companies for Days Payable. This places Canlan Ice Sports in the top 10% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.22. Canlan Ice Sports' value of 280.86 is 390.9% above this benchmark. Historically, Canlan Ice Sports' own Days Payable has ranged from 167.66 to 793.75 over the past decade. While the company's 10-year median is 228.15 vs. the industry median of 57.22, Canlan Ice Sports 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 a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 57.22, based on 780 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. Canlan Ice Sports's current Days Payable of 280.86 is 390.9% 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 Canlan Ice Sports and its competitors. For the Travel & Leisure industry, the median Days Payable is 57.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canlan Ice Sports's current Days Payable is 280.86, which is 23% above median its own 10-year median of 228.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canlan Ice Sports stock overvalued right now?
Based on GuruFocus' analysis, Canlan Ice Sports (TSX:ICE) is currently considered Fairly Valued. The stock's GF Value™ is C$4.59, compared to a current price of C$4.36 — trading 5% below its estimated fair value. The current Days Payable is 280.86, which is 23% above median its 10-year median of 228.15 and 390.9% above the Travel & Leisure industry median of 57.22. Canlan Ice Sports' overall GF Score™ is 72/100 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 Canlan Ice Sports (TSX:ICE), the current Days Payable is 280.86 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 Canlan Ice Sports (TSX:ICE) Overvalued in 2026?
Based on GuruFocus' analysis, Canlan Ice Sports stock appears to be undervalued.
The current stock price of C$4.36 is trading 5% below its estimated GF Value™ of C$4.59.
GuruFocus considers Canlan Ice Sports to be Fairly Valued.
Key valuation signals for TSX:ICE:
Days Payable: 280.86 (23% above median its 10-year median of 228.15)
GF Value™: C$4.59 vs. price of C$4.36 (5% below fair value)
Industry Position: 390.9% above the Travel & Leisure median (#75 of 780)
No single metric tells the full story. See the TSX:ICE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment, which is an Ice rink and recreational facilities, that derives revenue from food and beverage, sports stores, sponsorship, Others, space rental, management, and consulting fees. Geographically, it generates the majority of its revenue from Canada.
72GF Score
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