VCIGF (Vitreous Glass) Days Payable: 42.91 (As of Mar. 2026) — 74% Above Median


VCIGF Vitreous Glass Inc VCIGF
79 GF Score
Price $4.61
GF Value $5.96
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Vitreous Glass Days Payable?

Vitreous Glass VCIGF 79 Days Payable is 42.91 as of Mar. 2026, which is 74% above its 10-year median of 24.73. GuruFocus rates VCIGF with a GF Score™ of 79/100 and a GF Value™ of $5.96 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 234 Waste Management companies, Vitreous Glass ranks worse than 66.24% on this metric.

Vitreous Glass's average Accounts Payable for the three months ended in Mar. 2026 was $0.71 Mil. Vitreous Glass's Cost of Goods Sold for the three months ended in Mar. 2026 was $1.51 Mil. Hence, Vitreous Glass's Days Payable for the three months ended in Mar. 2026 was 42.91.

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

VCIGF' s Days Payable Range Over the Past 10 Years
Min: 20   Med: 24.73   Max: 44.16
Current: 44.16

During the past 13 years, Vitreous Glass's highest Days Payable was 44.16. The lowest was 20.00. And the median was 24.73.

VCIGF's Days Payable is ranked worse than
66.24% of 234 companies
in the Waste Management industry
Industry Median: 63.6 vs VCIGF: 44.16

Vitreous Glass's Days Payable increased from Mar. 2025 (42.84) to Mar. 2026 (42.91). It may suggest that Vitreous Glass delayed paying its suppliers.


Vitreous Glass Days Payable Historical Data

* Premium members only.

The historical data trend for Vitreous Glass'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.

Vitreous Glass Days Payable Chart

Vitreous Glass Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.49 24.61 27.01 25.37 27.70

Vitreous Glass 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 42.84 44.84 39.46 42.01 42.91

VCIGF vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Days Payable distribution charts can be found below:

* The bar in red indicates where Vitreous Glass's Days Payable falls into.


VCIGF
79GF Score
Vitreous Glass Inc VCIGF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Vitreous Glass 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.

Vitreous Glass'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
=( (0.24 + 0.608) / 2 ) / 5.587*365
=0.424 / 5.587*365
=27.70

Vitreous Glass'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
=( (0.622 + 0.799) / 2 ) / 1.511*365 / 4
=0.7105 / 1.511*365 / 4
=42.91

* 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 42.91 mean?
Vitreous Glass (VCIGF) has a Days Payable of 42.91 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 Vitreous Glass and its competitors. This is 74% above median its historical median of 24.73. Over the past decade, Vitreous Glass' Days Payable has ranged from 20.00 to 44.16. According to the industry distribution chart, Vitreous Glass ranks #155 out of 234 companies in the Waste Management industry, placing it in the top 66.2%.
Is Vitreous Glass' Days Payable too high?
Vitreous Glass' current Days Payable of 42.91 is 74% above median its 10-year median of 24.73. Over the past 10 years, this metric has ranged from a low of 20.00 to a high of 44.16. The Waste Management industry median Days Payable is 63.60. Vitreous Glass' value of 42.91 is 32.5% below this industry median. Based on the distribution chart, Vitreous Glass ranks #155 out of 234 companies in the Waste Management industry, which is below the industry midpoint. Overall, Vitreous Glass has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vitreous Glass' Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, Vitreous Glass ranks #155 out of 234 companies for Days Payable. This places Vitreous Glass in the lower half of its industry. The industry median Days Payable is 63.60. Vitreous Glass' value of 42.91 is 32.5% below this benchmark. Historically, Vitreous Glass' own Days Payable has ranged from 20.00 to 44.16 over the past decade. While the company's 10-year median is 24.73 vs. the industry median of 63.60, Vitreous Glass 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 a Waste Management company?
The median Days Payable among Waste Management companies is 63.60, based on 234 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. Vitreous Glass's current Days Payable of 42.91 is 32.5% 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 Vitreous Glass and its competitors. For the Waste Management industry, the median Days Payable is 63.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitreous Glass's current Days Payable is 42.91, which is 74% above median its own 10-year median of 24.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitreous Glass stock overvalued right now?
Based on GuruFocus' analysis, Vitreous Glass (VCIGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.96, compared to a current price of $4.61 — trading 22.6% below its estimated fair value. The current Days Payable is 42.91, which is 74% above median its 10-year median of 24.73 and 32.5% below the Waste Management industry median of 63.60. Vitreous Glass' overall GF Score™ is 79/100 with 1 warning sign 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 Vitreous Glass (VCIGF), the current Days Payable is 42.91 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 Vitreous Glass (VCIGF) Overvalued in 2026?

Based on GuruFocus' analysis, Vitreous Glass stock appears to be undervalued. The current stock price of $4.61 is trading 22.6% below its estimated GF Value™ of $5.96. GuruFocus considers Vitreous Glass to be Modestly Undervalued.

Key valuation signals for VCIGF:

  • Days Payable: 42.91 (74% above median its 10-year median of 24.73)
  • GF Value™: $5.96 vs. price of $4.61 (22.6% below fair value)
  • GF Score™: 79/100 with 1 warning sign
  • Industry Position: 32.5% below the Waste Management median (#155 of 234)

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


Vitreous Glass Business Description

Other Exchanges VCI:Canada
Address 212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass into sand and then this sand is sold to fiberglass insulation manufacturers as furnace-ready cullet for use in their production facilities. The sole source of revenue of the company is generated by providing crushed glass to its customers.
79GF Score

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

$4.61
Price
$5.96
GF Value