Exel Industries (XPAR:EXE) Days Payable: 84.10 (As of Mar. 2026) — 90% Above Median


XPAR:EXE Exel Industries SA XPAR:EXE
67 GF Score
Price €20.10
GF Value €38.27
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Exel Industries Days Payable?

Exel Industries XPAR:EXE -0.50% 67 Days Payable is 84.10 as of Mar. 2026, which is 90% above its 10-year median of 44.19. GuruFocus rates XPAR:EXE with a GF Score™ of 67/100 and a GF Value™ of €38.27 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, Exel Industries ranks worse than 52.4% on this metric.

Exel Industries's average Accounts Payable for the six months ended in Mar. 2026 was €84.8 Mil. Exel Industries's Cost of Goods Sold for the six months ended in Mar. 2026 was €184.0 Mil. Hence, Exel Industries's Days Payable for the six months ended in Mar. 2026 was 84.10.

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

XPAR:EXE' s Days Payable Range Over the Past 10 Years
Min: 39.23   Med: 44.19   Max: 66.4
Current: 66.4

During the past 13 years, Exel Industries's highest Days Payable was 66.40. The lowest was 39.23. And the median was 44.19.

XPAR:EXE's Days Payable is ranked worse than
52.4% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 69.415 vs XPAR:EXE: 66.40

Exel Industries's Days Payable increased from Mar. 2025 (62.52) to Mar. 2026 (84.10). It may suggest that Exel Industries delayed paying its suppliers.


Exel Industries Days Payable Historical Data

* Premium members only.

The historical data trend for Exel Industries'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.

Exel Industries Days Payable Chart

Exel Industries Annual Data
Trend Aug15 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.82 48.74 46.99 43.75 44.62

Exel Industries Semi-Annual Data
Feb16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 76.28 47.37 62.52 48.30 84.10

XPAR:EXE vs CAT, DE, PCAR: Days Payable Comparison

For the Farm & Heavy Construction Machinery subindustry, Exel Industries'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.


Exel Industries Days Payable vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Exel Industries's Days Payable distribution charts can be found below:

* The bar in red indicates where Exel Industries's Days Payable falls into.


XPAR:EXE
67GF Score
Exel Industries SA XPAR:EXE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Exel Industries 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.

Exel Industries'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
=( (59.683 + 64.392) / 2 ) / 507.508*365
=62.0375 / 507.508*365
=44.62

Exel Industries'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (64.392 + 105.213) / 2 ) / 184.02*365 / 2
=84.8025 / 184.02*365 / 2
=84.10

* 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 84.10 mean?
Exel Industries (XPAR:EXE) has a Days Payable of 84.10 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 Exel Industries and its competitors. This is 90% above median its historical median of 44.19. Over the past decade, Exel Industries' Days Payable has ranged from 39.23 to 66.40. According to the industry distribution chart, Exel Industries ranks #109 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 52.4%.
Is Exel Industries' Days Payable too high?
Exel Industries' current Days Payable of 84.10 is 90% above median its 10-year median of 44.19. Over the past 10 years, this metric has ranged from a low of 39.23 to a high of 66.40. The Farm & Heavy Construction Machinery industry median Days Payable is 69.42. Exel Industries' value of 84.10 is 21.2% above this industry median. Based on the distribution chart, Exel Industries ranks #109 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Exel Industries has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Exel Industries' Days Payable compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Exel Industries ranks #109 out of 208 companies for Days Payable. This places Exel Industries in the lower half of its industry. The industry median Days Payable is 69.42. Exel Industries' value of 84.10 is 21.2% above this benchmark. Historically, Exel Industries' own Days Payable has ranged from 39.23 to 66.40 over the past decade. While the company's 10-year median is 44.19 vs. the industry median of 69.42, Exel Industries 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 a Farm & Heavy Construction Machinery company?
The median Days Payable among Farm & Heavy Construction Machinery companies is 69.42, based on 208 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. Exel Industries's current Days Payable of 84.10 is 21.2% 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 Exel Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Days Payable is 69.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exel Industries's current Days Payable is 84.10, which is 90% above median its own 10-year median of 44.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exel Industries stock overvalued right now?
Based on GuruFocus' analysis, Exel Industries (XPAR:EXE) is currently considered Significantly Undervalued. The stock's GF Value™ is €38.27, compared to a current price of €20.10 — trading 47.5% below its estimated fair value. The current Days Payable is 84.10, which is 90% above median its 10-year median of 44.19 and 21.2% above the Farm & Heavy Construction Machinery industry median of 69.42. Exel Industries' overall GF Score™ is 67/100 with 5 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 Exel Industries (XPAR:EXE), the current Days Payable is 84.10 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 Exel Industries (XPAR:EXE) Overvalued in 2026?

Based on GuruFocus' analysis, Exel Industries stock appears to be undervalued. The current stock price of €20.10 is trading 47.5% below its estimated GF Value™ of €38.27. GuruFocus considers Exel Industries to be Significantly Undervalued.

Key valuation signals for XPAR:EXE:

  • Days Payable: 84.10 (90% above median its 10-year median of 44.19)
  • GF Value™: €38.27 vs. price of €20.10 (47.5% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 21.2% above the Farm & Heavy Construction Machinery median (#109 of 208)

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


Exel Industries Business Description

Other Exchanges 0NA0:UK8YK:Germany
Address 52, rue de la Victoire, Paris, FRA, 75009
Exel Industries SA is a French company which is active in the business of manufacture of spraying equipment for plant protection for professional, semi-professional and consumer agricultural applications. The company is also engaged in the business of sugar beet harvesting, providing gardening, spraying and watering equipment and industrial precision spraying solutions which cover protection, finishes, lubrication and pollution clean-up. It markets its products under the brand name of Hozelock, Berthoud, Tecnoma, Laser and Cooper Pegler brands, Kremlin rexsons and Sames. The company earns the majority of its revenue from the agricultural equipment business and geographically from Europe region.
67GF Score

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

€20.10
Price
€38.27
GF Value