IEP (Icahn Enterprises LP) Days Payable: 28.21 (As of Mar. 2026) — 21% Below Median

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IEP Icahn Enterprises LP IEP
54 GF Score
Price $7.79
GF Value $7.36
Valuation Fairly Valued
! 4 Warning Signs
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What is Icahn Enterprises LP Days Payable?

Icahn Enterprises LP IEP +0.91% 54 Days Payable is 28.21 as of Mar. 2026, which is 21% below its 10-year median of 35.67. GuruFocus rates IEP with a GF Score™ of 54/100 and a GF Value™ of $7.36 (Fairly Valued). The stock has 4 warning signs investors should review. Among 850 Oil & Gas companies, Icahn Enterprises LP ranks worse than 74.47% on this metric.

Icahn Enterprises LP's average Accounts Payable for the three months ended in Mar. 2026 was $724 Mil. Icahn Enterprises LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,340 Mil. Hence, Icahn Enterprises LP's Days Payable for the three months ended in Mar. 2026 was 28.21.

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

IEP' s Days Payable Range Over the Past 10 Years
Min: 26.15   Med: 35.67   Max: 84.91
Current: 32.36

During the past 13 years, Icahn Enterprises LP's highest Days Payable was 84.91. The lowest was 26.15. And the median was 35.67.

IEP's Days Payable is ranked worse than
74.47% of 850 companies
in the Oil & Gas industry
Industry Median: 57.145 vs IEP: 32.36

Icahn Enterprises LP's Days Payable declined from Mar. 2025 (37.84) to Mar. 2026 (28.21). It may suggest that Icahn Enterprises LP accelerated paying its suppliers.


Icahn Enterprises LP Days Payable Historical Data

* Premium members only.

The historical data trend for Icahn Enterprises LP'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.

Icahn Enterprises LP Days Payable Chart

Icahn Enterprises LP 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 29.69 26.15 33.26 34.56 34.13

Icahn Enterprises LP 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 37.84 33.60 36.91 28.80 28.21

IEP vs PARR, DK, CVI: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Icahn Enterprises LP'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.


Icahn Enterprises LP Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Icahn Enterprises LP's Days Payable distribution charts can be found below:

* The bar in red indicates where Icahn Enterprises LP's Days Payable falls into.


IEP
54GF Score
Icahn Enterprises LP IEP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Icahn Enterprises LP 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.

Icahn Enterprises LP'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
=( (802 + 690) / 2 ) / 7978*365
=746 / 7978*365
=34.13

Icahn Enterprises LP'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
=( (690 + 757) / 2 ) / 2340*365 / 4
=723.5 / 2340*365 / 4
=28.21

* 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 28.21 mean?
Icahn Enterprises LP (IEP) has a Days Payable of 28.21 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 Icahn Enterprises LP and its competitors. This is 21% below median its historical median of 35.67. Over the past decade, Icahn Enterprises LP's Days Payable has ranged from 26.15 to 84.91. According to the industry distribution chart, Icahn Enterprises LP ranks #633 out of 850 companies in the Oil & Gas industry, placing it in the top 74.5%.
Is Icahn Enterprises LP's Days Payable too high?
Icahn Enterprises LP's current Days Payable of 28.21 is 21% below median its 10-year median of 35.67. Over the past 10 years, this metric has ranged from a low of 26.15 to a high of 84.91. The Oil & Gas industry median Days Payable is 57.15. Icahn Enterprises LP's value of 28.21 is 50.6% below this industry median. Based on the distribution chart, Icahn Enterprises LP ranks #633 out of 850 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Icahn Enterprises LP has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Icahn Enterprises LP's Days Payable compare to PARR and DK?
According to the Oil & Gas industry distribution chart, Icahn Enterprises LP ranks #633 out of 850 companies for Days Payable. This places Icahn Enterprises LP in the lower half of its industry. The industry median Days Payable is 57.15. Icahn Enterprises LP's value of 28.21 is 50.6% below this benchmark. Historically, Icahn Enterprises LP's own Days Payable has ranged from 26.15 to 84.91 over the past decade. While the company's 10-year median is 35.67 vs. the industry median of 57.15, Icahn Enterprises LP 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.15, based on 850 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. Icahn Enterprises LP's current Days Payable of 28.21 is 50.6% 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 Icahn Enterprises LP and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icahn Enterprises LP's current Days Payable is 28.21, which is 21% below median its own 10-year median of 35.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icahn Enterprises LP stock overvalued right now?
Based on GuruFocus' analysis, Icahn Enterprises LP (IEP) is currently considered Fairly Valued. The stock's GF Value™ is $7.36, compared to a current price of $7.79 — trading 5.8% above its estimated fair value. The current Days Payable is 28.21, which is 21% below median its 10-year median of 35.67 and 50.6% below the Oil & Gas industry median of 57.15. Icahn Enterprises LP's overall GF Score™ is 54/100 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 Icahn Enterprises LP (IEP), the current Days Payable is 28.21 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 Icahn Enterprises LP (IEP) Overvalued in 2026?

Based on GuruFocus' analysis, Icahn Enterprises LP stock appears to be overvalued. The current stock price of $7.79 is trading 5.8% above its estimated GF Value™ of $7.36. GuruFocus considers Icahn Enterprises LP to be Fairly Valued.

Key valuation signals for IEP:

  • Days Payable: 28.21 (21% below median its 10-year median of 35.67)
  • GF Value™: $7.36 vs. price of $7.79 (5.8% above fair value)
  • GF Score™: 54/100 with 4 warning signs
  • Industry Position: 50.6% below the Oil & Gas median (#633 of 850)

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


Icahn Enterprises LP Business Description

Industry EnergyOil & Gas
Address 16690 Collins Avenue, PH-1, Penthouse Suite, Sunny Isles Beach, FL, USA, 33160
Icahn Enterprises LP provides diversified business services in the United States. The company operates its business through varied segments which include Investment, Automotive, Energy, Food Packaging, Real Estate, Pharma, and Home Fashion. Among these, the Energy segment derives the maximum revenue from the company. Geographically, it generates maximum revenue from the United States.
54GF Score

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

$7.79
Price
$7.36
GF Value