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Covestro AG's Accounts Payable for the quarter that ended in Jun. 2026 was €2,131 Mil.
Covestro AG's quarterly Accounts Payable
declined
from Jun. 2025 (€1,828 Mil) to Dec. 2025 (€1,729 Mil) but then
increased
from Dec. 2025 (€1,729 Mil) to Jun. 2026 (€2,131 Mil).
Covestro AG's annual Accounts Payable
increased
from Dec. 2023 (€1,895 Mil) to Dec. 2024 (€2,101 Mil) but then
declined
from Dec. 2024 (€2,101 Mil) to Dec. 2025 (€1,729 Mil).
The historical data trend for Covestro AG's Accounts 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.
Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.
Covestro AG (MIL:11COV) has a Accounts Payable of €2,131 Mil as of Jun. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Covestro AG and its competitors.
Is Covestro AG's Accounts Payable too high?
Covestro AG's current Accounts Payable is €2,131 Mil. Overall, Covestro AG has a GF Score™ of 40/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Covestro AG's Accounts Payable compare to LIN and SHW?
Covestro AG's Accounts Payable of €2,131 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Chemicals company?
A good Accounts Payable depends on the Chemicals industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Covestro AG and its competitors. Covestro AG's current Accounts Payable is €2,131 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covestro AG stock overvalued right now?
Based on GuruFocus' analysis, Covestro AG (MIL:11COV) is currently considered Modestly Overvalued. The stock's GF Value™ is €46.98, compared to a current price of €56.20 — trading 19.6% above its estimated fair value. The current Accounts Payable is €2,131 Mil. Covestro AG's overall GF Score™ is 40/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Covestro AG (MIL:11COV), the current Accounts Payable is €2,131 Mil 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 Covestro AG (MIL:11COV) Overvalued in 2026?
Based on GuruFocus' analysis, Covestro AG stock appears to be overvalued.
The current stock price of €56.20 is trading 19.6% above its estimated GF Value™ of €46.98.
GuruFocus considers Covestro AG to be Modestly Overvalued.
Key valuation signals for MIL:11COV:
Accounts Payable: €2,131 Mil
GF Value™: €46.98 vs. price of €56.20 (19.6% above fair value)
No single metric tells the full story. See the MIL:11COV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Covestro AG is a player in the polymer materials field. The firm is engaged in polyurethanes and polycarbonates products. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for the company's products is driven by cyclical end markets, such as automotive, construction, and furniture. The company's segment includes Performance Materials and Solutions & Specialties. The company generates the majority of its revenue from the Solutions & Specialties segment. The Solutions & Specialties segment includes six business entities: Engineering Plastics; Coatings & Adhesives; Tailored Urethanes; Thermoplastic Polyurethanes; Specialty Films; and Elastomers.
40GF Score
Get the complete analysis for MIL:11COV
Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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