Plug Power (WBO:PLUG) Days Payable: 86.18 (As of Mar. 2026) — 12% Above Median


WBO:PLUG Plug Power Inc WBO:PLUG
34 GF Score
Price €2.23
GF Value €1.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Plug Power Days Payable?

Plug Power WBO:PLUG -0.93% 34 Days Payable is 86.18 as of Mar. 2026, which is 12% above its 10-year median of 76.83. GuruFocus rates WBO:PLUG with a GF Score™ of 34/100 and a GF Value™ of €1.29 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,993 Industrial Products companies, Plug Power ranks worse than 54.06% on this metric.

Plug Power's average Accounts Payable for the three months ended in Mar. 2026 was €151.2 Mil. Plug Power's Cost of Goods Sold for the three months ended in Mar. 2026 was €160.1 Mil. Hence, Plug Power's Days Payable for the three months ended in Mar. 2026 was 86.18.

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

WBO:PLUG' s Days Payable Range Over the Past 10 Years
Min: 47.84   Med: 76.83   Max: 132.02
Current: 71.44

During the past 13 years, Plug Power's highest Days Payable was 132.02. The lowest was 47.84. And the median was 76.83.

WBO:PLUG's Days Payable is ranked worse than
54.06% of 2993 companies
in the Industrial Products industry
Industry Median: 78.08 vs WBO:PLUG: 71.44

Plug Power's Days Payable declined from Mar. 2025 (103.55) to Mar. 2026 (86.18). It may suggest that Plug Power accelerated paying its suppliers.


Plug Power Days Payable Historical Data

* Premium members only.

The historical data trend for Plug Power'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.

Plug Power Days Payable Chart

Plug Power 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 49.74 74.72 75.08 77.23 87.22

Plug Power 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 103.55 82.54 48.66 76.79 86.18

WBO:PLUG vs HAYW, TE, AMPX: Days Payable Comparison

For the Electrical Equipment & Parts subindustry, Plug Power'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.


Plug Power Days Payable vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plug Power's Days Payable distribution charts can be found below:

* The bar in red indicates where Plug Power's Days Payable falls into.


WBO:PLUG
34GF Score
Plug Power Inc WBO:PLUG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Plug Power 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.

Plug Power'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
=( (210.839 + 177.687) / 2 ) / 812.973*365
=194.263 / 812.973*365
=87.22

Plug Power'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
=( (177.687 + 124.777) / 2 ) / 160.129*365 / 4
=151.232 / 160.129*365 / 4
=86.18

* 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 86.18 mean?
Plug Power (WBO:PLUG) has a Days Payable of 86.18 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 Plug Power and its competitors. This is 12% above median its historical median of 76.83. Over the past decade, Plug Power's Days Payable has ranged from 47.84 to 132.02. According to the industry distribution chart, Plug Power ranks #1618 out of 2993 companies in the Industrial Products industry, placing it in the top 54.1%.
Is Plug Power's Days Payable too high?
Plug Power's current Days Payable of 86.18 is 12% above median its 10-year median of 76.83. Over the past 10 years, this metric has ranged from a low of 47.84 to a high of 132.02. The Industrial Products industry median Days Payable is 78.08. Plug Power's value of 86.18 is 10.4% above this industry median. Based on the distribution chart, Plug Power ranks #1618 out of 2993 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Plug Power has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plug Power's Days Payable compare to HAYW and TE?
According to the Industrial Products industry distribution chart, Plug Power ranks #1618 out of 2993 companies for Days Payable. This places Plug Power in the lower half of its industry. The industry median Days Payable is 78.08. Plug Power's value of 86.18 is 10.4% above this benchmark. Historically, Plug Power's own Days Payable has ranged from 47.84 to 132.02 over the past decade. While the company's 10-year median is 76.83 vs. the industry median of 78.08, Plug Power 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 Industrial Products company?
The median Days Payable among Industrial Products companies is 78.08, based on 2,993 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. Plug Power's current Days Payable of 86.18 is 10.4% 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 Plug Power and its competitors. For the Industrial Products industry, the median Days Payable is 78.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plug Power's current Days Payable is 86.18, which is 12% above median its own 10-year median of 76.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plug Power stock overvalued right now?
Based on GuruFocus' analysis, Plug Power (WBO:PLUG) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.29, compared to a current price of €2.23 — trading 73% above its estimated fair value. The current Days Payable is 86.18, which is 12% above median its 10-year median of 76.83 and 10.4% above the Industrial Products industry median of 78.08. Plug Power's overall GF Score™ is 34/100 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 Plug Power (WBO:PLUG), the current Days Payable is 86.18 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 Plug Power (WBO:PLUG) Overvalued in 2026?

Based on GuruFocus' analysis, Plug Power stock appears to be overvalued. The current stock price of €2.23 is trading 73% above its estimated GF Value™ of €1.29. GuruFocus considers Plug Power to be Significantly Overvalued.

Key valuation signals for WBO:PLUG:

  • Days Payable: 86.18 (12% above median its 10-year median of 76.83)
  • GF Value™: €1.29 vs. price of €2.23 (73% above fair value)
  • GF Score™: 34/100 with 6 warning signs
  • Industry Position: 10.4% above the Industrial Products median (#1618 of 2993)

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


Plug Power Business Description

Address 125 Vista Boulevard, Slingerlands, NY, USA, 12159
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
34GF Score

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

€2.23
Price
€1.29
GF Value