IOCJY (Iochpe-Maxion) Days Payable: 56.46 (As of Mar. 2026) — Near Median


IOCJY Iochpe-Maxion SA IOCJY
57 GF Score
Price $0.61
GF Value $0.73
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Iochpe-Maxion Days Payable?

Iochpe-Maxion IOCJY 57 Days Payable is 56.46 as of Mar. 2026, which is 1% above its 10-year median of 56.15. GuruFocus rates IOCJY with a GF Score™ of 57/100 and a GF Value™ of $0.73 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,311 Vehicles & Parts companies, Iochpe-Maxion ranks worse than 55% on this metric.

Iochpe-Maxion's average Accounts Payable for the three months ended in Mar. 2026 was $398 Mil. Iochpe-Maxion's Cost of Goods Sold for the three months ended in Mar. 2026 was $644 Mil. Hence, Iochpe-Maxion's Days Payable for the three months ended in Mar. 2026 was 56.46.

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

IOCJY' s Days Payable Range Over the Past 10 Years
Min: 50.5   Med: 56.15   Max: 61.37
Current: 61.37

During the past 13 years, Iochpe-Maxion's highest Days Payable was 61.37. The lowest was 50.50. And the median was 56.15.

IOCJY's Days Payable is ranked worse than
55% of 1311 companies
in the Vehicles & Parts industry
Industry Median: 67.02 vs IOCJY: 61.37

Iochpe-Maxion's Days Payable declined from Mar. 2025 (60.10) to Mar. 2026 (56.46). It may suggest that Iochpe-Maxion accelerated paying its suppliers.


Iochpe-Maxion Days Payable Historical Data

* Premium members only.

The historical data trend for Iochpe-Maxion'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.

Iochpe-Maxion Days Payable Chart

Iochpe-Maxion 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 59.06 53.04 54.96 62.64 53.66

Iochpe-Maxion 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 60.10 61.54 60.91 60.02 56.46

IOCJY vs ORLY, AZO, GPC: Days Payable Comparison

For the Auto Parts subindustry, Iochpe-Maxion'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.


Iochpe-Maxion Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Iochpe-Maxion's Days Payable distribution charts can be found below:

* The bar in red indicates where Iochpe-Maxion's Days Payable falls into.


IOCJY
57GF Score
Iochpe-Maxion SA IOCJY
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Iochpe-Maxion 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.

Iochpe-Maxion'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
=( (370.93 + 357.526) / 2 ) / 2477.366*365
=364.228 / 2477.366*365
=53.66

Iochpe-Maxion'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
=( (357.526 + 438.875) / 2 ) / 643.604*365 / 4
=398.2005 / 643.604*365 / 4
=56.46

* 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 56.46 mean?
Iochpe-Maxion (IOCJY) has a Days Payable of 56.46 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 Iochpe-Maxion and its competitors. This is near median its historical median of 56.15. Over the past decade, Iochpe-Maxion's Days Payable has ranged from 50.50 to 61.37. According to the industry distribution chart, Iochpe-Maxion ranks #721 out of 1311 companies in the Vehicles & Parts industry, placing it in the top 55%.
Is Iochpe-Maxion's Days Payable too high?
Iochpe-Maxion's current Days Payable of 56.46 is near median its 10-year median of 56.15. Over the past 10 years, this metric has ranged from a low of 50.50 to a high of 61.37. The Vehicles & Parts industry median Days Payable is 67.02. Iochpe-Maxion's value of 56.46 is 15.8% below this industry median. Based on the distribution chart, Iochpe-Maxion ranks #721 out of 1311 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Iochpe-Maxion has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iochpe-Maxion's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Iochpe-Maxion ranks #721 out of 1311 companies for Days Payable. This places Iochpe-Maxion in the lower half of its industry. The industry median Days Payable is 67.02. Iochpe-Maxion's value of 56.46 is 15.8% below this benchmark. Historically, Iochpe-Maxion's own Days Payable has ranged from 50.50 to 61.37 over the past decade. While the company's 10-year median is 56.15 vs. the industry median of 67.02, Iochpe-Maxion 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 Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,311 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. Iochpe-Maxion's current Days Payable of 56.46 is 15.8% 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 Iochpe-Maxion and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iochpe-Maxion's current Days Payable is 56.46, which is near median its own 10-year median of 56.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iochpe-Maxion stock overvalued right now?
Based on GuruFocus' analysis, Iochpe-Maxion (IOCJY) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.73, compared to a current price of $0.61 — trading 16.5% below its estimated fair value. The current Days Payable is 56.46, which is near median its 10-year median of 56.15 and 15.8% below the Vehicles & Parts industry median of 67.02. Iochpe-Maxion's overall GF Score™ is 57/100 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 Iochpe-Maxion (IOCJY), the current Days Payable is 56.46 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 Iochpe-Maxion (IOCJY) Overvalued in 2026?

Based on GuruFocus' analysis, Iochpe-Maxion stock appears to be undervalued. The current stock price of $0.61 is trading 16.5% below its estimated GF Value™ of $0.73. GuruFocus considers Iochpe-Maxion to be Modestly Undervalued.

Key valuation signals for IOCJY:

  • Days Payable: 56.46 (near median its 10-year median of 56.15)
  • GF Value™: $0.73 vs. price of $0.61 (16.5% below fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 15.8% below the Vehicles & Parts median (#721 of 1311)

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


Iochpe-Maxion Business Description

Other Exchanges MYPK3:Brazil
Address Rua Dr. Othon Barcellos, 83, Cruzeiro, SP, BRA, 012730-900
Iochpe-Maxion SA is a Brazilian company principally involved in the manufacturing of automobile parts. Its core business is the production of wheels and structural components for light and commercial vehicles and equipment for railways. The products produced and sold by the company and its subsidiaries are divided between the Maxion Wheels and Maxion Structural Components divisions. A majority of its revenue is generated from the sale of steel and aluminum wheels for light and commercial vehicles. Geographically, the group generates maximum revenue from its business in Europe, followed by North America, South America, Asia, and other regions.
57GF Score

Get the complete analysis for IOCJY

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

$0.61
Price
$0.73
GF Value