Arctic Paper (WAR:ATC) Days Payable: 53.56 (As of Mar. 2026) — Near Median


WAR:ATC Arctic Paper SA WAR:ATC
58 GF Score
Price zł5.85
GF Value zł14.28
Valuation Possible Value Trap
! 6 Warning Signs
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What is Arctic Paper Days Payable?

Arctic Paper WAR:ATC +0.17% 58 Days Payable is 53.56 as of Mar. 2026, which is 8% below its 10-year median of 58.10. GuruFocus rates WAR:ATC with a GF Score™ of 58/100 and a GF Value™ of zł14.28 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 276 Forest Products companies, Arctic Paper ranks worse than 55.8% on this metric.

Arctic Paper's average Accounts Payable for the three months ended in Mar. 2026 was zł438 Mil. Arctic Paper's Cost of Goods Sold for the three months ended in Mar. 2026 was zł746 Mil. Hence, Arctic Paper's Days Payable for the three months ended in Mar. 2026 was 53.56.

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

WAR:ATC' s Days Payable Range Over the Past 10 Years
Min: 51.66   Med: 58.1   Max: 63.9
Current: 53.55

During the past 13 years, Arctic Paper's highest Days Payable was 63.90. The lowest was 51.66. And the median was 58.10.

WAR:ATC's Days Payable is ranked worse than
55.8% of 276 companies
in the Forest Products industry
Industry Median: 57.93 vs WAR:ATC: 53.55

Arctic Paper's Days Payable declined from Mar. 2025 (55.52) to Mar. 2026 (53.56). It may suggest that Arctic Paper accelerated paying its suppliers.


Arctic Paper Days Payable Historical Data

* Premium members only.

The historical data trend for Arctic Paper'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.

Arctic Paper Days Payable Chart

Arctic Paper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.70 52.18 60.73 52.40 51.66

Arctic Paper 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 55.52 54.14 57.84 48.50 53.56

WAR:ATC vs SLVM: Days Payable Comparison

For the Paper & Paper Products subindustry, Arctic Paper'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.


Arctic Paper Days Payable vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Arctic Paper's Days Payable distribution charts can be found below:

* The bar in red indicates where Arctic Paper's Days Payable falls into.


WAR:ATC
58GF Score
Arctic Paper SA WAR:ATC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Arctic Paper 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.

Arctic Paper'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
=( (405.474 + 434.226) / 2 ) / 2966.333*365
=419.85 / 2966.333*365
=51.66

Arctic Paper'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
=( (434.226 + 441.257) / 2 ) / 745.846*365 / 4
=437.7415 / 745.846*365 / 4
=53.56

* 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 53.56 mean?
Arctic Paper (WAR:ATC) has a Days Payable of 53.56 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 Arctic Paper and its competitors. This is near median its historical median of 58.10. Over the past decade, Arctic Paper's Days Payable has ranged from 51.66 to 63.90. According to the industry distribution chart, Arctic Paper ranks #154 out of 276 companies in the Forest Products industry, placing it in the top 55.8%.
Is Arctic Paper's Days Payable too high?
Arctic Paper's current Days Payable of 53.56 is near median its 10-year median of 58.10. Over the past 10 years, this metric has ranged from a low of 51.66 to a high of 63.90. The Forest Products industry median Days Payable is 57.93. Arctic Paper's value of 53.56 is 7.5% below this industry median. Based on the distribution chart, Arctic Paper ranks #154 out of 276 companies in the Forest Products industry, which is below the industry midpoint. Overall, Arctic Paper has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arctic Paper's Days Payable compare to SLVM?
According to the Forest Products industry distribution chart, Arctic Paper ranks #154 out of 276 companies for Days Payable. This places Arctic Paper in the lower half of its industry. The industry median Days Payable is 57.93. Arctic Paper's value of 53.56 is 7.5% below this benchmark. Historically, Arctic Paper's own Days Payable has ranged from 51.66 to 63.90 over the past decade. While the company's 10-year median is 58.10 vs. the industry median of 57.93, Arctic Paper 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 Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 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. Arctic Paper's current Days Payable of 53.56 is 7.5% 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 Arctic Paper and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arctic Paper's current Days Payable is 53.56, which is near median its own 10-year median of 58.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arctic Paper stock overvalued right now?
Based on GuruFocus' analysis, Arctic Paper (WAR:ATC) is currently considered Possible Value Trap. The stock's GF Value™ is zł14.28, compared to a current price of zł5.85 — trading 59% below its estimated fair value. The current Days Payable is 53.56, which is near median its 10-year median of 58.10 and 7.5% below the Forest Products industry median of 57.93. Arctic Paper's overall GF Score™ is 58/100 with 6 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 Arctic Paper (WAR:ATC), the current Days Payable is 53.56 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 Arctic Paper (WAR:ATC) Overvalued in 2026?

Based on GuruFocus' analysis, Arctic Paper stock appears to be undervalued. The current stock price of zł5.85 is trading 59% below its estimated GF Value™ of zł14.28. GuruFocus considers Arctic Paper to be Possible Value Trap.

Key valuation signals for WAR:ATC:

  • Days Payable: 53.56 (near median its 10-year median of 58.10)
  • GF Value™: zł14.28 vs. price of zł5.85 (59% below fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 7.5% below the Forest Products median (#154 of 276)

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


Arctic Paper Business Description

Other Exchanges ARP:SwedenA0P:Germany
Address UL. Fabryczna 1, Kostrzyn nad Odra, Lubuskie, POL, 66470
Arctic Paper SA produces a volume of bulky book paper and produces high-quality graphic paper in Europe. The group produces numerous types of uncoated and coated wood-free paper as well as wood-containing uncoated paper for printing houses, paper distributors, book and magazine publishing houses, and the advertising industry. The company's segment includes Paper and Pulp. The firm derives maximum revenue from the Paper segment. The majority of revenue is generated from Uncoated segment. Geographically, the firm derives revenue from Germany, France, the UK, Scandinavia, Western Europe (other countries), Poland, Central and Eastern Europe (other than Poland), and Outside Europe.
58GF Score

Get the complete analysis for WAR:ATC

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

zł5.85
Price
zł14.28
GF Value