Marathon Petroleum (MEX:MPC) Days Payable: 43.49 (As of Mar. 2026) — 15% Above Median


MEX:MPC Marathon Petroleum Corp MEX:MPC
64 GF Score
Price MXN4,496.00
GF Value MXN3,663.33
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Marathon Petroleum Days Payable?

Marathon Petroleum MEX:MPC 64 Days Payable is 43.49 as of Mar. 2026, which is 15% above its 10-year median of 37.82. GuruFocus rates MEX:MPC with a GF Score™ of 64/100 and a GF Value™ of MXN3,663.33 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 849 Oil & Gas companies, Marathon Petroleum ranks worse than 62.9% on this metric.

Marathon Petroleum's average Accounts Payable for the three months ended in Mar. 2026 was MXN275,644 Mil. Marathon Petroleum's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN578,309 Mil. Hence, Marathon Petroleum's Days Payable for the three months ended in Mar. 2026 was 43.49.

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

MEX:MPC' s Days Payable Range Over the Past 10 Years
Min: 32.07   Med: 37.82   Max: 50.24
Current: 41.69

During the past 13 years, Marathon Petroleum's highest Days Payable was 50.24. The lowest was 32.07. And the median was 37.82.

MEX:MPC's Days Payable is ranked worse than
62.9% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs MEX:MPC: 41.69

Marathon Petroleum's Days Payable declined from Mar. 2025 (43.77) to Mar. 2026 (43.49). It may suggest that Marathon Petroleum accelerated paying its suppliers.


Marathon Petroleum Days Payable Historical Data

* Premium members only.

The historical data trend for Marathon Petroleum'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.

Marathon Petroleum Days Payable Chart

Marathon Petroleum 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 34.23 35.03 43.38 35.36 43.26

Marathon Petroleum 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 43.77 43.49 37.28 39.49 43.49

MEX:MPC vs VLO, PSX, DINO: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Marathon Petroleum'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.


Marathon Petroleum Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Marathon Petroleum's Days Payable falls into.


MEX:MPC
64GF Score
Marathon Petroleum Corp MEX:MPC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Marathon Petroleum 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.

Marathon Petroleum'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
=( (290019.364 + 233605.952) / 2 ) / 2209245.374*365
=261812.658 / 2209245.374*365
=43.26

Marathon Petroleum'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
=( (233605.952 + 317682.076) / 2 ) / 578308.69*365 / 4
=275644.014 / 578308.69*365 / 4
=43.49

* 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 43.49 mean?
Marathon Petroleum (MEX:MPC) has a Days Payable of 43.49 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 Marathon Petroleum and its competitors. This is 15% above median its historical median of 37.82. Over the past decade, Marathon Petroleum's Days Payable has ranged from 32.07 to 50.24. According to the industry distribution chart, Marathon Petroleum ranks #534 out of 849 companies in the Oil & Gas industry, placing it in the top 62.9%.
Is Marathon Petroleum's Days Payable too high?
Marathon Petroleum's current Days Payable of 43.49 is 15% above median its 10-year median of 37.82. Over the past 10 years, this metric has ranged from a low of 32.07 to a high of 50.24. The Oil & Gas industry median Days Payable is 57.95. Marathon Petroleum's value of 43.49 is 25% below this industry median. Based on the distribution chart, Marathon Petroleum ranks #534 out of 849 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Marathon Petroleum has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marathon Petroleum's Days Payable compare to VLO and PSX?
According to the Oil & Gas industry distribution chart, Marathon Petroleum ranks #534 out of 849 companies for Days Payable. This places Marathon Petroleum in the lower half of its industry. The industry median Days Payable is 57.95. Marathon Petroleum's value of 43.49 is 25% below this benchmark. Historically, Marathon Petroleum's own Days Payable has ranged from 32.07 to 50.24 over the past decade. While the company's 10-year median is 37.82 vs. the industry median of 57.95, Marathon Petroleum 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 57.95, based on 849 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. Marathon Petroleum's current Days Payable of 43.49 is 25% 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 Marathon Petroleum and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marathon Petroleum's current Days Payable is 43.49, which is 15% above median its own 10-year median of 37.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marathon Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Marathon Petroleum (MEX:MPC) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,663.33, compared to a current price of MXN4,496.00 — trading 22.7% above its estimated fair value. The current Days Payable is 43.49, which is 15% above median its 10-year median of 37.82 and 25% below the Oil & Gas industry median of 57.95. Marathon Petroleum's overall GF Score™ is 64/100 with 6 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 Marathon Petroleum (MEX:MPC), the current Days Payable is 43.49 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 Marathon Petroleum (MEX:MPC) Overvalued in 2026?

Based on GuruFocus' analysis, Marathon Petroleum stock appears to be overvalued. The current stock price of MXN4,496.00 is trading 22.7% above its estimated GF Value™ of MXN3,663.33. GuruFocus considers Marathon Petroleum to be Modestly Overvalued.

Key valuation signals for MEX:MPC:

  • Days Payable: 43.49 (15% above median its 10-year median of 37.82)
  • GF Value™: MXN3,663.33 vs. price of MXN4,496.00 (22.7% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 25% below the Oil & Gas median (#534 of 849)

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


Marathon Petroleum Business Description

Industry EnergyOil & Gas
Address 539 South Main Street, Findlay, OH, USA, 45840-3229
Marathon Petroleum is a leading integrated downstream and midstream energy company that operates 13 refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States with an aggregate crude oil refining capacity of 3.0 million barrels per day. The company is one of the largest producers of renewable diesel in the US; its Dickinson, North Dakota facility has the capacity to produce 184 million gallons per year, and its Martinez, California, joint venture facility (a 50/50 partnership with Neste) reached its full capacity of 730 million gallons per year in late 2024. Marathon also owns the general partner and approximately 64% of MPLX LP, a large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets.
64GF Score

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

MXN4,496.00
Price
MXN3,663.33
GF Value