Dow (HAM:2OY) Days Payable: 44.20 (As of Mar. 2026) — Near Median


HAM:2OY Dow Inc HAM:2OY
60 GF Score
Price €25.53
GF Value €35.19
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Dow Days Payable?

Dow HAM:2OY +0.24% 60 Days Payable is 44.20 as of Mar. 2026, which is 2% above its 10-year median of 43.48. GuruFocus rates HAM:2OY with a GF Score™ of 60/100 and a GF Value™ of €35.19 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,560 Chemicals companies, Dow ranks worse than 64.04% on this metric.

Dow's average Accounts Payable for the three months ended in Mar. 2026 was €3,835 Mil. Dow's Cost of Goods Sold for the three months ended in Mar. 2026 was €7,918 Mil. Hence, Dow's Days Payable for the three months ended in Mar. 2026 was 44.20.

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

HAM:2OY' s Days Payable Range Over the Past 10 Years
Min: 38.57   Med: 43.48   Max: 53.82
Current: 46.23

During the past 10 years, Dow's highest Days Payable was 53.82. The lowest was 38.57. And the median was 43.48.

HAM:2OY's Days Payable is ranked worse than
64.04% of 1560 companies
in the Chemicals industry
Industry Median: 59.915 vs HAM:2OY: 46.23

Dow's Days Payable declined from Mar. 2025 (46.42) to Mar. 2026 (44.20). It may suggest that Dow accelerated paying its suppliers.


Dow Days Payable Historical Data

* Premium members only.

The historical data trend for Dow'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.

Dow Days Payable Chart

Dow 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 37.47 38.39 44.15 43.75 46.66

Dow 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 46.42 48.87 47.22 44.41 44.20

HAM:2OY vs CE, OLN, HUN: Days Payable Comparison

For the Chemicals subindustry, Dow'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.


Dow Days Payable vs Chemicals Industry

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

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


HAM:2OY
60GF Score
Dow Inc HAM:2OY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dow 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.

Dow'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
=( (4628.885 + 3544.954) / 2 ) / 31969.49*365
=4086.9195 / 31969.49*365
=46.66

Dow'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
=( (3544.954 + 4125.185) / 2 ) / 7918.21*365 / 4
=3835.0695 / 7918.21*365 / 4
=44.20

* 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 44.20 mean?
Dow (HAM:2OY) has a Days Payable of 44.20 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 Dow and its competitors. This is near median its historical median of 43.48. Over the past decade, Dow's Days Payable has ranged from 38.57 to 53.82. According to the industry distribution chart, Dow ranks #999 out of 1560 companies in the Chemicals industry, placing it in the top 64%.
Is Dow's Days Payable too high?
Dow's current Days Payable of 44.20 is near median its 10-year median of 43.48. Over the past 10 years, this metric has ranged from a low of 38.57 to a high of 53.82. The Chemicals industry median Days Payable is 59.92. Dow's value of 44.20 is 26.2% below this industry median. Based on the distribution chart, Dow ranks #999 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, Dow has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dow's Days Payable compare to CE and OLN?
According to the Chemicals industry distribution chart, Dow ranks #999 out of 1560 companies for Days Payable. This places Dow in the lower half of its industry. The industry median Days Payable is 59.92. Dow's value of 44.20 is 26.2% below this benchmark. Historically, Dow's own Days Payable has ranged from 38.57 to 53.82 over the past decade. While the company's 10-year median is 43.48 vs. the industry median of 59.92, Dow 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 59.92, based on 1,560 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. Dow's current Days Payable of 44.20 is 26.2% 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 Dow and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dow's current Days Payable is 44.20, which is near median its own 10-year median of 43.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dow stock overvalued right now?
Based on GuruFocus' analysis, Dow (HAM:2OY) is currently considered Modestly Undervalued. The stock's GF Value™ is €35.19, compared to a current price of €25.53 — trading 27.5% below its estimated fair value. The current Days Payable is 44.20, which is near median its 10-year median of 43.48 and 26.2% below the Chemicals industry median of 59.92. Dow's overall GF Score™ is 60/100 with 9 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 Dow (HAM:2OY), the current Days Payable is 44.20 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 Dow (HAM:2OY) Overvalued in 2026?

Based on GuruFocus' analysis, Dow stock appears to be undervalued. The current stock price of €25.53 is trading 27.5% below its estimated GF Value™ of €35.19. GuruFocus considers Dow to be Modestly Undervalued.

Key valuation signals for HAM:2OY:

  • Days Payable: 44.20 (near median its 10-year median of 43.48)
  • GF Value™: €35.19 vs. price of €25.53 (27.5% below fair value)
  • GF Score™: 60/100 with 9 warning signs
  • Industry Position: 26.2% below the Chemicals median (#999 of 1560)

No single metric tells the full story. See the HAM:2OY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dow Business Description

Address 2211 H.H. Dow Way, Midland, MI, USA, 48674
Dow Chemical is a diversified global chemicals producer formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in consumer and industrial end markets.
60GF Score

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

€25.53
Price
€35.19
GF Value