Applied MaterialsAMAT -6.16%85 Days Payable is 47.44 as of Apr. 2026, which is 16% above its 10-year median of 40.85. GuruFocus rates AMAT with a GF Score™ of 85/100 and a GF Value™ of $217.76 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 999 Semiconductors companies, Applied Materials ranks worse than 57.36% on this metric.
The historical rank and industry rank for Applied Materials's Days Payable or its related term are showing as below:
AMAT'
s Days Payable Range Over the Past 10 Years
Min: 38.55 Med: 40.85 Max: 47.65
Current: 47.65
During the past 13 years, Applied Materials's highest Days Payable was 47.65. The lowest was 38.55. And the median was 40.85.
AMAT's Days Payable is ranked worse than 57.36% of 999
companies
in the Semiconductors industry
Industry Median: 53.06
vs AMAT: 47.65
Applied Materials's Days Payable
increased
from Apr. 2025 (44.68) to Apr. 2026 (47.44).
It may suggest that Applied Materialsdelayed paying its suppliers.
Applied Materials Days Payable Related Terms
Applied Materials Days Payable Historical Data
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The historical data trend for Applied Materials'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.
For the Semiconductor Equipment & Materials subindustry, Applied Materials'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.
Applied Materials Days Payable vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Applied Materials's Days Payable distribution charts can be found below:
* The bar in red indicates where Applied Materials'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.
Applied Materials's Days Payable for the fiscal year that ended in Oct. 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.
Applied Materials (AMAT) has a Days Payable of 47.44 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Applied Materials and its competitors. This is 16% above median its historical median of 40.85. Over the past decade, Applied Materials' Days Payable has ranged from 38.55 to 47.65. According to the industry distribution chart, Applied Materials ranks #573 out of 999 companies in the Semiconductors industry, placing it in the top 57.4%.
Is Applied Materials' Days Payable too high?
Applied Materials' current Days Payable of 47.44 is 16% above median its 10-year median of 40.85. Over the past 10 years, this metric has ranged from a low of 38.55 to a high of 47.65. The Semiconductors industry median Days Payable is 53.06. Applied Materials' value of 47.44 is 10.6% below this industry median. Based on the distribution chart, Applied Materials ranks #573 out of 999 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Applied Materials has a GF Score™ of 85/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Materials' Days Payable compare to LRCX and KLAC?
According to the Semiconductors industry distribution chart, Applied Materials ranks #573 out of 999 companies for Days Payable. This places Applied Materials in the lower half of its industry. The industry median Days Payable is 53.06. Applied Materials' value of 47.44 is 10.6% below this benchmark. Historically, Applied Materials' own Days Payable has ranged from 38.55 to 47.65 over the past decade. While the company's 10-year median is 40.85 vs. the industry median of 53.06, Applied Materials 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. Applied Materials's current Days Payable of 47.44 is 10.6% 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 Applied Materials and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Materials's current Days Payable is 47.44, which is 16% above median its own 10-year median of 40.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Materials stock overvalued right now?
Based on GuruFocus' analysis, Applied Materials (AMAT) is currently considered Significantly Overvalued. The stock's GF Value™ is $217.76, compared to a current price of $626.84 — trading 187.9% above its estimated fair value. The current Days Payable is 47.44, which is 16% above median its 10-year median of 40.85 and 10.6% below the Semiconductors industry median of 53.06. Applied Materials' overall GF Score™ is 85/100 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 Applied Materials (AMAT), the current Days Payable is 47.44 as of Apr. 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 Applied Materials (AMAT) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Materials stock appears to be overvalued.
The current stock price of $626.84 is trading 187.9% above its estimated GF Value™ of $217.76.
GuruFocus considers Applied Materials to be Significantly Overvalued.
Key valuation signals for AMAT:
Days Payable: 47.44 (16% above median its 10-year median of 40.85)
GF Value™: $217.76 vs. price of $626.84 (187.9% above fair value)
Industry Position: 10.6% below the Semiconductors median (#573 of 999)
No single metric tells the full story. See the AMAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Materials is the largest semiconductor wafer fabrication equipment manufacturer in the world. It has a broad portfolio spanning nearly every corner of the WFE ecosystem. Applied Materials holds leading market share in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.
85GF Score
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