DEFSEC Technologies (TSXV:DFSC.WT.U) Days Payable: 103.25 (As of Mar. 2026) — 64% Below Median


What is DEFSEC Technologies Days Payable?

DEFSEC Technologies TSXV:DFSC.WT.U 53 Days Payable is 103.25 as of Mar. 2026, which is 64% below its 10-year median of 283.23. GuruFocus rates TSXV:DFSC.WT.U with a GF Score™ of 53/100. The stock has 3 warning signs investors should review. Among 338 Aerospace & Defense companies, DEFSEC Technologies ranks better than 56.51% on this metric.

DEFSEC Technologies's average Accounts Payable for the three months ended in Mar. 2026 was C$1.69 Mil. DEFSEC Technologies's Cost of Goods Sold for the three months ended in Mar. 2026 was C$1.49 Mil. Hence, DEFSEC Technologies's Days Payable for the three months ended in Mar. 2026 was 103.25.

The historical rank and industry rank for DEFSEC Technologies's Days Payable or its related term are showing as below:

TSXV:DFSC.WT.U' s Days Payable Range Over the Past 10 Years
Min: 73.57   Med: 283.23   Max: 989.99
Current: 78.43

During the past 5 years, DEFSEC Technologies's highest Days Payable was 989.99. The lowest was 73.57. And the median was 283.23.

TSXV:DFSC.WT.U's Days Payable is ranked better than
56.51% of 338 companies
in the Aerospace & Defense industry
Industry Median: 64.875 vs TSXV:DFSC.WT.U: 78.43

DEFSEC Technologies's Days Payable increased from Mar. 2025 (41.01) to Mar. 2026 (103.25). It may suggest that DEFSEC Technologies delayed paying its suppliers.


DEFSEC Technologies Days Payable Historical Data

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The historical data trend for DEFSEC Technologies'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.

DEFSEC Technologies Days Payable Chart

DEFSEC Technologies Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
283.23 989.99 340.67 224.13 73.57

DEFSEC Technologies 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 41.01 30.80 43.32 87.16 103.25

TSXV:DFSC.WT.U vs SPCX, GE, RTX: Days Payable Comparison

For the Aerospace & Defense subindustry, DEFSEC Technologies'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.


DEFSEC Technologies Days Payable vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, DEFSEC Technologies's Days Payable distribution charts can be found below:

* The bar in red indicates where DEFSEC Technologies's Days Payable falls into.



DEFSEC Technologies 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.

DEFSEC Technologies's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (0.882 + 0.41) / 2 ) / 3.205*365
=0.646 / 3.205*365
=73.57

DEFSEC Technologies'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
=( (1.315 + 2.066) / 2 ) / 1.494*365 / 4
=1.6905 / 1.494*365 / 4
=103.25

* 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 103.25 mean?
DEFSEC Technologies (TSXV:DFSC.WT.U) has a Days Payable of 103.25 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 DEFSEC Technologies and its competitors. This is 64% below median its historical median of 283.23. Over the past decade, DEFSEC Technologies' Days Payable has ranged from 73.57 to 989.99. According to the industry distribution chart, DEFSEC Technologies ranks #147 out of 338 companies in the Aerospace & Defense industry, placing it in the top 43.5%.
Is DEFSEC Technologies' Days Payable too high?
DEFSEC Technologies' current Days Payable of 103.25 is 64% below median its 10-year median of 283.23. Over the past 10 years, this metric has ranged from a low of 73.57 to a high of 989.99. The Aerospace & Defense industry median Days Payable is 64.88. DEFSEC Technologies' value of 103.25 is 59.2% above this industry median. Based on the distribution chart, DEFSEC Technologies ranks #147 out of 338 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, DEFSEC Technologies has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does DEFSEC Technologies' Days Payable compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, DEFSEC Technologies ranks #147 out of 338 companies for Days Payable. This puts DEFSEC Technologies in the upper half of its industry. The industry median Days Payable is 64.88. DEFSEC Technologies' value of 103.25 is 59.2% above this benchmark. Historically, DEFSEC Technologies' own Days Payable has ranged from 73.57 to 989.99 over the past decade. While the company's 10-year median is 283.23 vs. the industry median of 64.88, DEFSEC Technologies 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 Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 64.88, based on 338 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. DEFSEC Technologies's current Days Payable of 103.25 is 59.2% 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 DEFSEC Technologies and its competitors. For the Aerospace & Defense industry, the median Days Payable is 64.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DEFSEC Technologies's current Days Payable is 103.25, which is 64% below median its own 10-year median of 283.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DEFSEC Technologies stock overvalued right now?
DEFSEC Technologies (TSXV:DFSC.WT.U) has a current Days Payable of 103.25. The current Days Payable is 103.25, which is 64% below median its 10-year median of 283.23 and 59.2% above the Aerospace & Defense industry median of 64.88. DEFSEC Technologies' overall GF Score™ is 53/100 with 3 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 DEFSEC Technologies (TSXV:DFSC.WT.U), the current Days Payable is 103.25 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.

DEFSEC Technologies Business Description

Address 80 Hines Road, Suite 300, Ottawa, ON, CAN, K2K 2T8
DEFSEC Technologies Inc is a canadian defence company. The company develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers, and electronic detection.