INVX (Innovex International) Days Payable: 43.03 (As of Jun. 2026) — Near Median

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INVX Innovex International Inc INVX
21 GF Score
Price $28.26
! 5 Warning Signs
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What is Innovex International Days Payable?

Innovex International INVX -1.46% 21 Days Payable is 43.03 as of Jun. 2026, which is 4% above its 10-year median of 41.44. GuruFocus rates INVX with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 857 Oil & Gas companies, Innovex International ranks worse than 67.33% on this metric.

Innovex International's average Accounts Payable for the three months ended in Jun. 2026 was $76.0 Mil. Innovex International's Cost of Goods Sold for the three months ended in Jun. 2026 was $161.2 Mil. Hence, Innovex International's Days Payable for the three months ended in Jun. 2026 was 43.03.

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

INVX' s Days Payable Range Over the Past 10 Years
Min: 34.04   Med: 41.44   Max: 67.45
Current: 37.32

During the past 5 years, Innovex International's highest Days Payable was 67.45. The lowest was 34.04. And the median was 41.44.

INVX's Days Payable is ranked worse than
67.33% of 857 companies
in the Oil & Gas industry
Industry Median: 58.96 vs INVX: 37.32

Innovex International's Days Payable increased from Jun. 2025 (42.39) to Jun. 2026 (43.03). It may suggest that Innovex International delayed paying its suppliers.


Innovex International Days Payable Historical Data

* Premium members only.

The historical data trend for Innovex International'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.

Innovex International Days Payable Chart

Innovex International Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
67.45 47.23 37.34 41.44 34.04

Innovex International Quarterly Data
Dec21 Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 42.39 36.70 29.87 40.04 43.03

INVX vs NEXT, XPRO, WBI: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Innovex International'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.


Innovex International Days Payable vs Oil & Gas Industry

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

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


INVX
21GF Score
Innovex International Inc INVX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovex International 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.

Innovex International'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
=( (65.201 + 60.711) / 2 ) / 674.971*365
=62.956 / 674.971*365
=34.04

Innovex International's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (74.888 + 77.188) / 2 ) / 161.248*365 / 4
=76.038 / 161.248*365 / 4
=43.03

* 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 43.03 mean?
Innovex International (INVX) has a Days Payable of 43.03 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Innovex International and its competitors. This is near median its historical median of 41.44. Over the past decade, Innovex International's Days Payable has ranged from 34.04 to 67.45. According to the industry distribution chart, Innovex International ranks #577 out of 857 companies in the Oil & Gas industry, placing it in the top 67.3%.
Is Innovex International's Days Payable too high?
Innovex International's current Days Payable of 43.03 is near median its 10-year median of 41.44. Over the past 10 years, this metric has ranged from a low of 34.04 to a high of 67.45. The Oil & Gas industry median Days Payable is 58.96. Innovex International's value of 43.03 is 27% below this industry median. Based on the distribution chart, Innovex International ranks #577 out of 857 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Innovex International has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Innovex International's Days Payable compare to NEXT and XPRO?
According to the Oil & Gas industry distribution chart, Innovex International ranks #577 out of 857 companies for Days Payable. This places Innovex International in the lower half of its industry. The industry median Days Payable is 58.96. Innovex International's value of 43.03 is 27% below this benchmark. Historically, Innovex International's own Days Payable has ranged from 34.04 to 67.45 over the past decade. While the company's 10-year median is 41.44 vs. the industry median of 58.96, Innovex International 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 58.96, based on 857 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. Innovex International's current Days Payable of 43.03 is 27% 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 Innovex International and its competitors. For the Oil & Gas industry, the median Days Payable is 58.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovex International's current Days Payable is 43.03, which is near median its own 10-year median of 41.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovex International stock overvalued right now?
Innovex International (INVX) has a current Days Payable of 43.03. The current Days Payable is 43.03, which is near median its 10-year median of 41.44 and 27% below the Oil & Gas industry median of 58.96. Innovex International's overall GF Score™ is 21/100 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 Innovex International (INVX), the current Days Payable is 43.03 as of Jun. 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.

Innovex International Business Description

Industry EnergyOil & Gas
Address 19120 Kenswick Drive, Humble, TX, USA, 77338
Innovex International Inc designs, manufactures, sells, and rents mission-critical engineered products to the oil and natural gas industry. Its products are Subsea, Surface Wellheads, Well Construction, Well Completion, Production Solutions, Fishing & Intervention. Its products support upstream onshore and offshore activities. The group's geographic regions are North America, Latin America, Middle East & Asia Pacific, and Europe & Africa.
21GF Score

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