IPGP (IPG Photonics) Days Payable: 25.84 (As of Mar. 2026) — 35% Above Median


IPGP IPG Photonics Corp IPGP
79 GF Score
Price $110.22
GF Value $84.97
Valuation Modestly Overvalued
! 5 Warning Signs
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What is IPG Photonics Days Payable?

IPG Photonics IPGP +2.31% 79 Days Payable is 25.84 as of Mar. 2026, which is 35% above its 10-year median of 19.16. GuruFocus rates IPGP with a GF Score™ of 79/100 and a GF Value™ of $84.97 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 999 Semiconductors companies, IPG Photonics ranks worse than 84.58% on this metric.

IPG Photonics's average Accounts Payable for the three months ended in Mar. 2026 was $47 Mil. IPG Photonics's Cost of Goods Sold for the three months ended in Mar. 2026 was $166 Mil. Hence, IPG Photonics's Days Payable for the three months ended in Mar. 2026 was 25.84.

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

IPGP' s Days Payable Range Over the Past 10 Years
Min: 14.64   Med: 19.16   Max: 23.99
Current: 23.99

During the past 13 years, IPG Photonics's highest Days Payable was 23.99. The lowest was 14.64. And the median was 19.16.

IPGP's Days Payable is ranked worse than
84.58% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs IPGP: 23.99

IPG Photonics's Days Payable increased from Mar. 2025 (24.24) to Mar. 2026 (25.84). It may suggest that IPG Photonics delayed paying its suppliers.


IPG Photonics Days Payable Historical Data

* Premium members only.

The historical data trend for IPG Photonics'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.

IPG Photonics Days Payable Chart

IPG Photonics 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 19.48 21.31 18.32 18.28 21.90

IPG Photonics 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 24.24 23.07 24.57 20.68 25.84

IPGP vs ACLS, KLIC, UCTT: Days Payable Comparison

For the Semiconductor Equipment & Materials subindustry, IPG Photonics'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.


IPG Photonics Days Payable vs Semiconductors Industry

For the Semiconductors industry and Technology sector, IPG Photonics's Days Payable distribution charts can be found below:

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


IPGP
79GF Score
IPG Photonics Corp IPGP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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IPG Photonics 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.

IPG Photonics'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
=( (35.385 + 39.288) / 2 ) / 622.314*365
=37.3365 / 622.314*365
=21.90

IPG Photonics'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
=( (39.288 + 54.724) / 2 ) / 165.998*365 / 4
=47.006 / 165.998*365 / 4
=25.84

* 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 25.84 mean?
IPG Photonics (IPGP) has a Days Payable of 25.84 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 IPG Photonics and its competitors. This is 35% above median its historical median of 19.16. Over the past decade, IPG Photonics' Days Payable has ranged from 14.64 to 23.99. According to the industry distribution chart, IPG Photonics ranks #845 out of 999 companies in the Semiconductors industry, placing it in the top 84.6%.
Is IPG Photonics' Days Payable too high?
IPG Photonics' current Days Payable of 25.84 is 35% above median its 10-year median of 19.16. Over the past 10 years, this metric has ranged from a low of 14.64 to a high of 23.99. The Semiconductors industry median Days Payable is 53.06. IPG Photonics' value of 25.84 is 51.3% below this industry median. Based on the distribution chart, IPG Photonics ranks #845 out of 999 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, IPG Photonics has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IPG Photonics' Days Payable compare to ACLS and KLIC?
According to the Semiconductors industry distribution chart, IPG Photonics ranks #845 out of 999 companies for Days Payable. This places IPG Photonics in the lower half of its industry. The industry median Days Payable is 53.06. IPG Photonics' value of 25.84 is 51.3% below this benchmark. Historically, IPG Photonics' own Days Payable has ranged from 14.64 to 23.99 over the past decade. While the company's 10-year median is 19.16 vs. the industry median of 53.06, IPG Photonics 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 Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 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. IPG Photonics's current Days Payable of 25.84 is 51.3% 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 IPG Photonics and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPG Photonics's current Days Payable is 25.84, which is 35% above median its own 10-year median of 19.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPG Photonics stock overvalued right now?
Based on GuruFocus' analysis, IPG Photonics (IPGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $84.97, compared to a current price of $110.22 — trading 29.7% above its estimated fair value. The current Days Payable is 25.84, which is 35% above median its 10-year median of 19.16 and 51.3% below the Semiconductors industry median of 53.06. IPG Photonics' overall GF Score™ is 79/100 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 IPG Photonics (IPGP), the current Days Payable is 25.84 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 IPG Photonics (IPGP) Overvalued in 2026?

Based on GuruFocus' analysis, IPG Photonics stock appears to be overvalued. The current stock price of $110.22 is trading 29.7% above its estimated GF Value™ of $84.97. GuruFocus considers IPG Photonics to be Modestly Overvalued.

Key valuation signals for IPGP:

  • Days Payable: 25.84 (35% above median its 10-year median of 19.16)
  • GF Value™: $84.97 vs. price of $110.22 (29.7% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 51.3% below the Semiconductors median (#845 of 999)

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


IPG Photonics Business Description

Address 377 Simarano Drive, Marlborough, MA, USA, 01752
IPG Photonics Corp is a vertically integrated developer and manufacturer of high-performance fiber lasers, laser and non-laser systems, fiber amplifiers, diode lasers, and related optical components. Its products are used in diverse applications in the manufacturing, automotive, industrial, aerospace, semiconductor, and consumer end markets. The company sells its products globally to original equipment manufacturers (OEMs), system integrators, and end users. Additionally, it manufactures complementary products used with its lasers, including optical delivery cables, fiber couplers, beam switches, optical processing heads, in-line sensors, and chillers. Geographically, the company generates maximum revenue from North America, followed by China, Japan, Germany, and other markets.
79GF Score

Get the complete analysis for IPGP

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

$110.22
Price
$84.97
GF Value