PPG Industries (FRA:PPQ) Days Payable: 127.31 (As of Mar. 2026) — Near Median


FRA:PPQ PPG Industries Inc FRA:PPQ
86 GF Score
Price €107.55
GF Value €118.95
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PPG Industries Days Payable?

PPG Industries FRA:PPQ +1.75% 86 Days Payable is 127.31 as of Mar. 2026, which is 1% above its 10-year median of 126.47. GuruFocus rates FRA:PPQ with a GF Score™ of 86/100 and a GF Value™ of €118.95 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,555 Chemicals companies, PPG Industries ranks better than 82.25% on this metric.

PPG Industries's average Accounts Payable for the three months ended in Mar. 2026 was €2,746 Mil. PPG Industries's Cost of Goods Sold for the three months ended in Mar. 2026 was €1,968 Mil. Hence, PPG Industries's Days Payable for the three months ended in Mar. 2026 was 127.31.

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

FRA:PPQ' s Days Payable Range Over the Past 10 Years
Min: 120.71   Med: 126.47   Max: 142.35
Current: 120.71

During the past 13 years, PPG Industries's highest Days Payable was 142.35. The lowest was 120.71. And the median was 126.47.

FRA:PPQ's Days Payable is ranked better than
82.25% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs FRA:PPQ: 120.71

PPG Industries's Days Payable declined from Mar. 2025 (133.49) to Mar. 2026 (127.31). It may suggest that PPG Industries accelerated paying its suppliers.


PPG Industries Days Payable Historical Data

* Premium members only.

The historical data trend for PPG 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.

PPG Industries Days Payable Chart

PPG Industries 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 118.28 127.59 129.76 122.50 129.47

PPG Industries 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 133.49 0.00 0.00 126.67 127.31

FRA:PPQ vs IFF, DD, LYB: Days Payable Comparison

For the Specialty Chemicals subindustry, PPG 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.


PPG Industries Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, PPG Industries's Days Payable distribution charts can be found below:

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


FRA:PPQ
86GF Score
PPG Industries Inc FRA:PPQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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PPG 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.

PPG Industries'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
=( (2898.425 + 2745.61) / 2 ) / 7955.864*365
=2822.0175 / 7955.864*365
=129.47

PPG 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: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (2745.61 + 0) / 1 ) / 1967.875*365 / 4
=2745.61 / 1967.875*365 / 4
=127.31

* 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 127.31 mean?
PPG Industries (FRA:PPQ) has a Days Payable of 127.31 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 PPG Industries and its competitors. This is near median its historical median of 126.47. Over the past decade, PPG Industries' Days Payable has ranged from 120.71 to 142.35. According to the industry distribution chart, PPG Industries ranks #276 out of 1555 companies in the Chemicals industry, placing it in the top 17.7%.
Is PPG Industries' Days Payable too high?
PPG Industries' current Days Payable of 127.31 is near median its 10-year median of 126.47. Over the past 10 years, this metric has ranged from a low of 120.71 to a high of 142.35. The Chemicals industry median Days Payable is 59.95. PPG Industries' value of 127.31 is 112.4% above this industry median. Based on the distribution chart, PPG Industries ranks #276 out of 1555 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, PPG Industries has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PPG Industries' Days Payable compare to IFF and DD?
According to the Chemicals industry distribution chart, PPG Industries ranks #276 out of 1555 companies for Days Payable. This places PPG Industries in the top 18% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.95. PPG Industries' value of 127.31 is 112.4% above this benchmark. Historically, PPG Industries' own Days Payable has ranged from 120.71 to 142.35 over the past decade. While the company's 10-year median is 126.47 vs. the industry median of 59.95, PPG 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. PPG Industries's current Days Payable of 127.31 is 112.4% 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 PPG Industries and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPG Industries's current Days Payable is 127.31, which is near median its own 10-year median of 126.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPG Industries stock overvalued right now?
Based on GuruFocus' analysis, PPG Industries (FRA:PPQ) is currently considered Modestly Undervalued. The stock's GF Value™ is €118.95, compared to a current price of €107.55 — trading 9.6% below its estimated fair value. The current Days Payable is 127.31, which is near median its 10-year median of 126.47 and 112.4% above the Chemicals industry median of 59.95. PPG Industries' overall GF Score™ is 86/100 with 4 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 PPG Industries (FRA:PPQ), the current Days Payable is 127.31 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 PPG Industries (FRA:PPQ) Overvalued in 2026?

Based on GuruFocus' analysis, PPG Industries stock appears to be undervalued. The current stock price of €107.55 is trading 9.6% below its estimated GF Value™ of €118.95. GuruFocus considers PPG Industries to be Modestly Undervalued.

Key valuation signals for FRA:PPQ:

  • Days Payable: 127.31 (near median its 10-year median of 126.47)
  • GF Value™: €118.95 vs. price of €107.55 (9.6% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 112.4% above the Chemicals median (#276 of 1555)

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


PPG Industries Business Description

Address One PPG Place, Pittsburgh, PA, USA, 15272
PPG is the world's second-largest producer of paints and coatings. PPG's products are sold to a wide variety of end users, including industrial segments such as automotive, aerospace, and protective and marine, as well as paint contractors and do-it-yourself customers. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years.
86GF Score

Get the complete analysis for FRA:PPQ

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

€107.55
Price
€118.95
GF Value