Quercus TFI (WAR:QRS) Days Payable: 882.29 (As of Mar. 2026) — 91% Above Median

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WAR:QRS Quercus TFI SA WAR:QRS
96 GF Score
Price zł13.06
GF Value zł14.38
Valuation Fairly Valued
! 2 Warning Signs
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What is Quercus TFI Days Payable?

Quercus TFI WAR:QRS -1.80% 96 Days Payable is 882.29 as of Mar. 2026, which is 91% above its 10-year median of 461.28. GuruFocus rates WAR:QRS with a GF Score™ of 96/100 and a GF Value™ of zł14.38 (Fairly Valued). The stock has 2 warning signs investors should review. Among 484 Asset Management companies, Quercus TFI ranks better than 87.6% on this metric.

Quercus TFI's average Accounts Payable for the three months ended in Mar. 2026 was zł69.6 Mil. Quercus TFI's Cost of Goods Sold for the three months ended in Mar. 2026 was zł7.2 Mil. Hence, Quercus TFI's Days Payable for the three months ended in Mar. 2026 was 882.29.

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

WAR:QRS' s Days Payable Range Over the Past 10 Years
Min: 94.98   Med: 461.28   Max: 1119.73
Current: 667.82

During the past 13 years, Quercus TFI's highest Days Payable was 1119.73. The lowest was 94.98. And the median was 461.28.

WAR:QRS's Days Payable is ranked better than
87.6% of 484 companies
in the Asset Management industry
Industry Median: 70.53 vs WAR:QRS: 667.82

Quercus TFI's Days Payable increased from Mar. 2025 (615.30) to Mar. 2026 (882.29). It may suggest that Quercus TFI delayed paying its suppliers.


Quercus TFI Days Payable Historical Data

* Premium members only.

The historical data trend for Quercus TFI'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.

Quercus TFI Days Payable Chart

Quercus TFI 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 748.54 1,119.73 700.22 544.98 377.57

Quercus TFI 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 615.30 755.38 913.87 338.63 882.29

WAR:QRS vs BLK, BX, KKR: Days Payable Comparison

For the Asset Management subindustry, Quercus TFI'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.


Quercus TFI Days Payable vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Quercus TFI's Days Payable distribution charts can be found below:

* The bar in red indicates where Quercus TFI's Days Payable falls into.


WAR:QRS
96GF Score
Quercus TFI SA WAR:QRS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Quercus TFI 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.

Quercus TFI'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
=( (38.053 + 35.995) / 2 ) / 35.791*365
=37.024 / 35.791*365
=377.57

Quercus TFI'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
=( (35.995 + 103.257) / 2 ) / 7.201*365 / 4
=69.626 / 7.201*365 / 4
=882.29

* 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 882.29 mean?
Quercus TFI (WAR:QRS) has a Days Payable of 882.29 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 Quercus TFI and its competitors. This is 91% above median its historical median of 461.28. Over the past decade, Quercus TFI's Days Payable has ranged from 94.98 to 1,119.73. According to the industry distribution chart, Quercus TFI ranks #60 out of 484 companies in the Asset Management industry, placing it in the top 12.4%.
Is Quercus TFI's Days Payable too high?
Quercus TFI's current Days Payable of 882.29 is 91% above median its 10-year median of 461.28. Over the past 10 years, this metric has ranged from a low of 94.98 to a high of 1,119.73. The Asset Management industry median Days Payable is 70.53. Quercus TFI's value of 882.29 is 1150.9% above this industry median. Based on the distribution chart, Quercus TFI ranks #60 out of 484 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Quercus TFI has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's Days Payable compare to BLK and BX?
According to the Asset Management industry distribution chart, Quercus TFI ranks #60 out of 484 companies for Days Payable. This places Quercus TFI in the top 12% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.53. Quercus TFI's value of 882.29 is 1150.9% above this benchmark. Historically, Quercus TFI's own Days Payable has ranged from 94.98 to 1,119.73 over the past decade. While the company's 10-year median is 461.28 vs. the industry median of 70.53, Quercus TFI 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 Asset Management company?
The median Days Payable among Asset Management companies is 70.53, based on 484 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. Quercus TFI's current Days Payable of 882.29 is 1150.9% 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 Quercus TFI and its competitors. For the Asset Management industry, the median Days Payable is 70.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quercus TFI's current Days Payable is 882.29, which is 91% above median its own 10-year median of 461.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (WAR:QRS) is currently considered Fairly Valued. The stock's GF Value™ is zł14.38, compared to a current price of zł13.06 — trading 9.2% below its estimated fair value. The current Days Payable is 882.29, which is 91% above median its 10-year median of 461.28 and 1150.9% above the Asset Management industry median of 70.53. Quercus TFI's overall GF Score™ is 96/100 with 2 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 Quercus TFI (WAR:QRS), the current Days Payable is 882.29 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 Quercus TFI (WAR:QRS) Overvalued in 2026?

Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued. The current stock price of zł13.06 is trading 9.2% below its estimated GF Value™ of zł14.38. GuruFocus considers Quercus TFI to be Fairly Valued.

Key valuation signals for WAR:QRS:

  • Days Payable: 882.29 (91% above median its 10-year median of 461.28)
  • GF Value™: zł14.38 vs. price of zł13.06 (9.2% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 1150.9% above the Asset Management median (#60 of 484)

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


Quercus TFI Business Description

Other Exchanges 85R:Germany
Address ul. Nowy Swiat 6/12, Warsaw, POL, 00400
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
96GF Score

Get the complete analysis for WAR:QRS

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

zł13.06
Price
zł14.38
GF Value