LoblawTSX:L -0.24%91 Days Payable is 65.44 as of Mar. 2026, which is 15% above its 10-year median of 56.89. GuruFocus rates TSX:L with a GF Score™ of 91/100 and a GF Value™ of C$50.30 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 302 Retail - Defensive companies, Loblaw ranks better than 67.88% on this metric.
Loblaw's average Accounts Payable for the
three
months ended in Mar. 2026 was C$7,126 Mil. Loblaw's Cost of Goods Sold for the
three
months ended in Mar. 2026 was C$9,936 Mil.
Hence, Loblaw's Days Payable for the
three
months ended in Mar. 2026 was 65.44.
The historical rank and industry rank for Loblaw's Days Payable or its related term are showing as below:
TSX:L'
s Days Payable Range Over the Past 10 Years
Min: 53.25 Med: 56.89 Max: 61.24
Current: 56.56
During the past 13 years, Loblaw's highest Days Payable was 61.24. The lowest was 53.25. And the median was 56.89.
TSX:L's Days Payable is ranked better than 67.88% of 302
companies
in the Retail - Defensive industry
Industry Median: 43.205
vs TSX:L: 56.56
Loblaw's Days Payable
declined
from Mar. 2025 (67.67) to Mar. 2026 (65.44).
It may suggest that Loblawaccelerated paying its suppliers.
Loblaw Days Payable Related Terms
Loblaw Days Payable Historical Data
* Premium members only.
The historical data trend for Loblaw'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 Grocery Stores subindustry, Loblaw'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.
Loblaw Days Payable vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Loblaw's Days Payable distribution charts can be found below:
* The bar in red indicates where Loblaw'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.
Loblaw'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.
Loblaw (TSX:L) has a Days Payable of 65.44 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 Loblaw and its competitors. This is 15% above median its historical median of 56.89. Over the past decade, Loblaw's Days Payable has ranged from 53.25 to 61.24. According to the industry distribution chart, Loblaw ranks #97 out of 302 companies in the Retail - Defensive industry, placing it in the top 32.1%.
Is Loblaw's Days Payable too high?
Loblaw's current Days Payable of 65.44 is 15% above median its 10-year median of 56.89. Over the past 10 years, this metric has ranged from a low of 53.25 to a high of 61.24. The Retail - Defensive industry median Days Payable is 43.21. Loblaw's value of 65.44 is 51.5% above this industry median. Based on the distribution chart, Loblaw ranks #97 out of 302 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Loblaw has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Loblaw's Days Payable compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Loblaw ranks #97 out of 302 companies for Days Payable. This puts Loblaw in the upper half of its industry. The industry median Days Payable is 43.21. Loblaw's value of 65.44 is 51.5% above this benchmark. Historically, Loblaw's own Days Payable has ranged from 53.25 to 61.24 over the past decade. While the company's 10-year median is 56.89 vs. the industry median of 43.21, Loblaw 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 Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.21, based on 302 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. Loblaw's current Days Payable of 65.44 is 51.5% 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 Loblaw and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Loblaw's current Days Payable is 65.44, which is 15% above median its own 10-year median of 56.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loblaw stock overvalued right now?
Based on GuruFocus' analysis, Loblaw (TSX:L) is currently considered Significantly Overvalued. The stock's GF Value™ is C$50.30, compared to a current price of C$65.93 — trading 31.1% above its estimated fair value. The current Days Payable is 65.44, which is 15% above median its 10-year median of 56.89 and 51.5% above the Retail - Defensive industry median of 43.21. Loblaw's overall GF Score™ is 91/100 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 Loblaw (TSX:L), the current Days Payable is 65.44 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 Loblaw (TSX:L) Overvalued in 2026?
Based on GuruFocus' analysis, Loblaw stock appears to be overvalued.
The current stock price of C$65.93 is trading 31.1% above its estimated GF Value™ of C$50.30.
GuruFocus considers Loblaw to be Significantly Overvalued.
Key valuation signals for TSX:L:
Days Payable: 65.44 (15% above median its 10-year median of 56.89)
GF Value™: C$50.30 vs. price of C$65.93 (31.1% above fair value)
Industry Position: 51.5% above the Retail - Defensive median (#97 of 302)
No single metric tells the full story. See the TSX:L stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Loblaw is Canada's largest retailer, operating approximately 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program, but announced plans to sell its financial services arm including credit cards and insurance brokerage to EQB in December 2025. George Weston is Loblaw's controlling shareholder with a 53% stake.
91GF Score
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