NewMarket (FRA:UG9) Days Payable: 50.22 (As of Mar. 2026) — 14% Above Median


FRA:UG9 NewMarket Corp FRA:UG9
80 GF Score
Price €675.00
GF Value €487.05
Valuation Significantly Overvalued
! 5 Warning Signs
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What is NewMarket Days Payable?

NewMarket FRA:UG9 -0.74% 80 Days Payable is 50.22 as of Mar. 2026, which is 14% above its 10-year median of 43.95. GuruFocus rates FRA:UG9 with a GF Score™ of 80/100 and a GF Value™ of €487.05 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,555 Chemicals companies, NewMarket ranks worse than 61.09% on this metric.

NewMarket's average Accounts Payable for the three months ended in Mar. 2026 was €214 Mil. NewMarket's Cost of Goods Sold for the three months ended in Mar. 2026 was €388 Mil. Hence, NewMarket's Days Payable for the three months ended in Mar. 2026 was 50.22.

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

FRA:UG9' s Days Payable Range Over the Past 10 Years
Min: 33.31   Med: 43.95   Max: 50.19
Current: 50.19

During the past 13 years, NewMarket's highest Days Payable was 50.19. The lowest was 33.31. And the median was 43.95.

FRA:UG9's Days Payable is ranked worse than
61.09% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs FRA:UG9: 50.19

NewMarket's Days Payable increased from Mar. 2025 (47.39) to Mar. 2026 (50.22). It may suggest that NewMarket delayed paying its suppliers.


NewMarket Days Payable Historical Data

* Premium members only.

The historical data trend for NewMarket'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.

NewMarket Days Payable Chart

NewMarket 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 42.64 43.30 48.56 43.01 47.97

NewMarket 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 47.39 50.34 50.39 51.67 50.22

FRA:UG9 vs AXTA, EMN, PRM: Days Payable Comparison

For the Specialty Chemicals subindustry, NewMarket'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.


NewMarket Days Payable vs Chemicals Industry

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

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


FRA:UG9
80GF Score
NewMarket Corp FRA:UG9
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NewMarket 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.

NewMarket'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
=( (215.71 + 203.58) / 2 ) / 1595.074*365
=209.645 / 1595.074*365
=47.97

NewMarket'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
=( (203.58 + 223.784) / 2 ) / 388.245*365 / 4
=213.682 / 388.245*365 / 4
=50.22

* 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 50.22 mean?
NewMarket (FRA:UG9) has a Days Payable of 50.22 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 NewMarket and its competitors. This is 14% above median its historical median of 43.95. Over the past decade, NewMarket's Days Payable has ranged from 33.31 to 50.19. According to the industry distribution chart, NewMarket ranks #950 out of 1555 companies in the Chemicals industry, placing it in the top 61.1%.
Is NewMarket's Days Payable too high?
NewMarket's current Days Payable of 50.22 is 14% above median its 10-year median of 43.95. Over the past 10 years, this metric has ranged from a low of 33.31 to a high of 50.19. The Chemicals industry median Days Payable is 59.95. NewMarket's value of 50.22 is 16.2% below this industry median. Based on the distribution chart, NewMarket ranks #950 out of 1555 companies in the Chemicals industry, which is below the industry midpoint. Overall, NewMarket has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NewMarket's Days Payable compare to AXTA and EMN?
According to the Chemicals industry distribution chart, NewMarket ranks #950 out of 1555 companies for Days Payable. This places NewMarket in the lower half of its industry. The industry median Days Payable is 59.95. NewMarket's value of 50.22 is 16.2% below this benchmark. Historically, NewMarket's own Days Payable has ranged from 33.31 to 50.19 over the past decade. While the company's 10-year median is 43.95 vs. the industry median of 59.95, NewMarket 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 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. NewMarket's current Days Payable of 50.22 is 16.2% 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 NewMarket 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. NewMarket's current Days Payable is 50.22, which is 14% above median its own 10-year median of 43.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewMarket stock overvalued right now?
Based on GuruFocus' analysis, NewMarket (FRA:UG9) is currently considered Significantly Overvalued. The stock's GF Value™ is €487.05, compared to a current price of €675.00 — trading 38.6% above its estimated fair value. The current Days Payable is 50.22, which is 14% above median its 10-year median of 43.95 and 16.2% below the Chemicals industry median of 59.95. NewMarket's overall GF Score™ is 80/100 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 NewMarket (FRA:UG9), the current Days Payable is 50.22 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 NewMarket (FRA:UG9) Overvalued in 2026?

Based on GuruFocus' analysis, NewMarket stock appears to be overvalued. The current stock price of €675.00 is trading 38.6% above its estimated GF Value™ of €487.05. GuruFocus considers NewMarket to be Significantly Overvalued.

Key valuation signals for FRA:UG9:

  • Days Payable: 50.22 (14% above median its 10-year median of 43.95)
  • GF Value™: €487.05 vs. price of €675.00 (38.6% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 16.2% below the Chemicals median (#950 of 1555)

No single metric tells the full story. See the FRA:UG9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NewMarket Business Description

Other Exchanges NEU:USAUG9:Germany
Address 330 South Fourth Street, Richmond, VA, USA, 23219-4350
NewMarket Corp is a holding company that, through its subsidiaries, manufactures and sells petroleum additives used in lubricating oils and fuels to enhance performance. The company operates through two segments: petroleum additives, mainly represented by Afton, where lubricant additives improve the efficiency and durability of base fluids and fuel additives help meet fuel specifications and improve fuel performance, and specialty materials, represented by AMPAC and Calca, including the antiknock compounds business of Ethyl, where primary raw materials include electricity, sodium chlorate, ammonia, chlorine, caustic, and hydrochloric acid, with graphite used in electrolytic cells. The company has operations in North America, Latin America, Asia Pacific, and EMEAI regions.
80GF Score

Get the complete analysis for FRA:UG9

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

€675.00
Price
€487.05
GF Value