Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Lightwave LogicLWLG -1.89%28 Days Payable is 59,951.25 as of Mar. 2026, which is 6% above its 10-year median of 56,529.38. GuruFocus rates LWLG with a GF Score™ of 28/100. The stock has 3 warning signs investors should review. Among 1,553 Chemicals companies, Lightwave Logic ranks better than 99.87% on this metric.
The historical rank and industry rank for Lightwave Logic's Days Payable or its related term are showing as below:
LWLG'
s Days Payable Range Over the Past 10 Years
Min: 32615.36 Med: 56529.38 Max: 161390.83
Current: 37814
During the past 13 years, Lightwave Logic's highest Days Payable was 161390.83. The lowest was 32615.36. And the median was 56529.38.
LWLG's Days Payable is ranked better than 99.87% of 1553
companies
in the Chemicals industry
Industry Median: 59.7
vs LWLG: 37814.00
Lightwave Logic's Days Payable
increased
from Mar. 2025 (34,287.19) to Mar. 2026 (59,951.25).
It may suggest that Lightwave Logicdelayed paying its suppliers.
Lightwave Logic Days Payable Related Terms
Lightwave Logic Days Payable Historical Data
* Premium members only.
The historical data trend for Lightwave Logic'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.
For the Specialty Chemicals subindustry, Lightwave Logic'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.
Lightwave Logic Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Lightwave Logic's Days Payable distribution charts can be found below:
* The bar in red indicates where Lightwave Logic's Days Payable falls into.
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.
Lightwave Logic's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Lightwave Logic (LWLG) has a Days Payable of 59,951.25 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 Lightwave Logic and its competitors. This is near median its historical median of 56,529.38. Over the past decade, Lightwave Logic's Days Payable has ranged from 32,615.36 to 161,390.83. According to the industry distribution chart, Lightwave Logic ranks #2 out of 1553 companies in the Chemicals industry, placing it in the top 0.099999999999994%.
Is Lightwave Logic's Days Payable too high?
Lightwave Logic's current Days Payable of 59,951.25 is near median its 10-year median of 56,529.38. Over the past 10 years, this metric has ranged from a low of 32,615.36 to a high of 161,390.83. The Chemicals industry median Days Payable is 59.70. Lightwave Logic's value of 59,951.25 is 100320.9% above this industry median. Based on the distribution chart, Lightwave Logic ranks #2 out of 1553 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Lightwave Logic has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Lightwave Logic's Days Payable compare to SCL and ECVT?
According to the Chemicals industry distribution chart, Lightwave Logic ranks #2 out of 1553 companies for Days Payable. This places Lightwave Logic in the top 0% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.70. Lightwave Logic's value of 59,951.25 is 100320.9% above this benchmark. Historically, Lightwave Logic's own Days Payable has ranged from 32,615.36 to 161,390.83 over the past decade. While the company's 10-year median is 56,529.38 vs. the industry median of 59.70, Lightwave Logic has consistently been above 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 59.70, based on 1,553 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. Lightwave Logic's current Days Payable of 59,951.25 is 100320.9% above 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 Lightwave Logic and its competitors. For the Chemicals industry, the median Days Payable is 59.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightwave Logic's current Days Payable is 59,951.25, which is near median its own 10-year median of 56,529.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightwave Logic stock overvalued right now?
Lightwave Logic (LWLG) has a current Days Payable of 59,951.25. The current Days Payable is 59,951.25, which is near median its 10-year median of 56,529.38 and 100320.9% above the Chemicals industry median of 59.70. Lightwave Logic's overall GF Score™ is 28/100 with 3 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 Lightwave Logic (LWLG), the current Days Payable is 59,951.25 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.
Lightwave Logic Inc is a specialty materials and intellectual property company focused on the development and commercialization of proprietary electro-optic (EO) polymer materials designed to enable high-speed optical modulators for data communications and other photonic applications. Its Perkinamine family of EO polymers is designed for integration into silicon photonics (SiPh) and other photonic integrated circuit (PIC) platforms, supporting high-speed optical modulation with lower drive voltage requirements compared with some conventional silicon-based and III-V compound semiconductor approaches. The company operates as a single reportable segment.
28GF Score
Get the complete analysis for LWLG
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LWLG has been successfully added to your 
