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ArganXPAR:ARG -0.14%77 Days Payable is 43.25 as of Jun. 2026, which is 83% below its 10-year median of 247.95. GuruFocus rates XPAR:ARG with a GF Score™ of 77/100 and a GF Value™ of €66.64 (Fairly Valued). The stock has 8 warning signs investors should review. Among 540 REITs companies, Argan ranks worse than 59.26% on this metric.
Argan's average Accounts Payable for the
six
months ended in Jun. 2026 was €7.9 Mil. Argan's Cost of Goods Sold for the
six
months ended in Jun. 2026 was €33.2 Mil.
Hence, Argan's Days Payable for the
six
months ended in Jun. 2026 was 43.25.
The historical rank and industry rank for Argan's Days Payable or its related term are showing as below:
XPAR:ARG'
s Days Payable Range Over the Past 10 Years
Min: 84.27 Med: 247.95 Max: 297.39
Current: 84.27
During the past 13 years, Argan's highest Days Payable was 297.39. The lowest was 84.27. And the median was 247.95.
XPAR:ARG's Days Payable is ranked worse than 59.26% of 540
companies
in the REITs industry
Industry Median: 119.435
vs XPAR:ARG: 84.27
Argan's Days Payable
declined
from Jun. 2025 (63.33) to Jun. 2026 (43.25).
It may suggest that Arganaccelerated paying its suppliers.
The historical data trend for Argan'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.
XPAR:ARG vs PLD, PSA, EXR: Days Payable Comparison
For the REIT - Industrial subindustry, Argan'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.
Argan Days Payable vs REITs Industry
For the REITs industry and Real Estate sector, Argan's Days Payable distribution charts can be found below:
* The bar in red indicates where Argan's Days Payable falls into.
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.
Argan's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Argan (XPAR:ARG) has a Days Payable of 43.25 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Argan and its competitors. This is 83% below median its historical median of 247.95. Over the past decade, Argan's Days Payable has ranged from 84.27 to 297.39. According to the industry distribution chart, Argan ranks #320 out of 540 companies in the REITs industry, placing it in the top 59.3%.
Is Argan's Days Payable too high?
Argan's current Days Payable of 43.25 is 83% below median its 10-year median of 247.95. Over the past 10 years, this metric has ranged from a low of 84.27 to a high of 297.39. The REITs industry median Days Payable is 119.44. Argan's value of 43.25 is 63.8% below this industry median. Based on the distribution chart, Argan ranks #320 out of 540 companies in the REITs industry, which is below the industry midpoint. Overall, Argan has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Argan's Days Payable compare to PLD and PSA?
According to the REITs industry distribution chart, Argan ranks #320 out of 540 companies for Days Payable. This places Argan in the lower half of its industry. The industry median Days Payable is 119.44. Argan's value of 43.25 is 63.8% below this benchmark. Historically, Argan's own Days Payable has ranged from 84.27 to 297.39 over the past decade. While the company's 10-year median is 247.95 vs. the industry median of 119.44, Argan 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 REITs company?
The median Days Payable among REITs companies is 119.44, based on 540 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. Argan's current Days Payable of 43.25 is 63.8% 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 Argan and its competitors. For the REITs industry, the median Days Payable is 119.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argan's current Days Payable is 43.25, which is 83% below median its own 10-year median of 247.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argan stock overvalued right now?
Based on GuruFocus' analysis, Argan (XPAR:ARG) is currently considered Fairly Valued. The stock's GF Value™ is €66.64, compared to a current price of €72.90 — trading 9.4% above its estimated fair value. The current Days Payable is 43.25, which is 83% below median its 10-year median of 247.95 and 63.8% below the REITs industry median of 119.44. Argan's overall GF Score™ is 77/100 with 8 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 Argan (XPAR:ARG), the current Days Payable is 43.25 as of Jun. 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 Argan (XPAR:ARG) Overvalued in 2026?
Based on GuruFocus' analysis, Argan stock appears to be overvalued.
The current stock price of €72.90 is trading 9.4% above its estimated GF Value™ of €66.64.
GuruFocus considers Argan to be Fairly Valued.
Key valuation signals for XPAR:ARG:
Days Payable: 43.25 (83% below median its 10-year median of 247.95)
GF Value™: €66.64 vs. price of €72.90 (9.4% above fair value)
Industry Position: 63.8% below the REITs median (#320 of 540)
No single metric tells the full story. See the XPAR:ARG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Argan activity is focused on real estate investment, in particular the operation of investment properties that generate rental income. Its business focuses on the construction, acquisition and leasing of logistics bases and warehouses. Its business segments are RENTS, PROJECT MANAGEMENT, MISCELLANEOUS RENTALS, REBILLING OF CHARGES, and CEE BONUS. The company generates majority of revenue from Rents.
77GF Score
Get the complete analysis for XPAR:ARG
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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