Neste OYJ (MEX:NESTEN) Days Payable: 53.81 (As of Mar. 2026) — 56% Above Median


MEX:NESTEN Neste OYJ MEX:NESTEN
80 GF Score
Price MXN593.47
GF Value MXN412.25
! 6 Warning Signs
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What is Neste OYJ Days Payable?

Neste OYJ MEX:NESTEN 80 Days Payable is 53.81 as of Mar. 2026, which is 56% above its 10-year median of 34.59. GuruFocus rates MEX:NESTEN with a GF Score™ of 80/100 and a GF Value™ of MXN412.25. The stock has 6 warning signs investors should review. Among 849 Oil & Gas companies, Neste OYJ ranks worse than 55.71% on this metric.

Neste OYJ's average Accounts Payable for the three months ended in Mar. 2026 was MXN51,167 Mil. Neste OYJ's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN86,765 Mil. Hence, Neste OYJ's Days Payable for the three months ended in Mar. 2026 was 53.81.

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

MEX:NESTEN' s Days Payable Range Over the Past 10 Years
Min: 30.18   Med: 34.59   Max: 51.09
Current: 51.09

During the past 13 years, Neste OYJ's highest Days Payable was 51.09. The lowest was 30.18. And the median was 34.59.

MEX:NESTEN's Days Payable is ranked worse than
55.71% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs MEX:NESTEN: 51.09

Neste OYJ's Days Payable increased from Mar. 2025 (37.99) to Mar. 2026 (53.81). It may suggest that Neste OYJ delayed paying its suppliers.


Neste OYJ Days Payable Historical Data

* Premium members only.

The historical data trend for Neste OYJ'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.

Neste OYJ Days Payable Chart

Neste OYJ 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 46.03 33.36 36.41 27.70 33.54

Neste OYJ 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 37.99 50.80 49.33 41.00 53.81

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

For the Oil & Gas Refining & Marketing subindustry, Neste OYJ'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.


Neste OYJ Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Neste OYJ's Days Payable falls into.


MEX:NESTEN
80GF Score
Neste OYJ MEX:NESTEN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Neste OYJ 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.

Neste OYJ'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
=( (32211.683 + 34851.782) / 2 ) / 364878.974*365
=33531.7325 / 364878.974*365
=33.54

Neste OYJ'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
=( (34851.782 + 67481.907) / 2 ) / 86765.431*365 / 4
=51166.8445 / 86765.431*365 / 4
=53.81

* 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 53.81 mean?
Neste OYJ (MEX:NESTEN) has a Days Payable of 53.81 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 Neste OYJ and its competitors. This is 56% above median its historical median of 34.59. Over the past decade, Neste OYJ's Days Payable has ranged from 30.18 to 51.09. According to the industry distribution chart, Neste OYJ ranks #473 out of 849 companies in the Oil & Gas industry, placing it in the top 55.7%.
Is Neste OYJ's Days Payable too high?
Neste OYJ's current Days Payable of 53.81 is 56% above median its 10-year median of 34.59. Over the past 10 years, this metric has ranged from a low of 30.18 to a high of 51.09. The Oil & Gas industry median Days Payable is 57.95. Neste OYJ's value of 53.81 is 7.1% below this industry median. Based on the distribution chart, Neste OYJ ranks #473 out of 849 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Neste OYJ has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Neste OYJ's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neste OYJ ranks #473 out of 849 companies for Days Payable. This places Neste OYJ in the lower half of its industry. The industry median Days Payable is 57.95. Neste OYJ's value of 53.81 is 7.1% below this benchmark. Historically, Neste OYJ's own Days Payable has ranged from 30.18 to 51.09 over the past decade. While the company's 10-year median is 34.59 vs. the industry median of 57.95, Neste OYJ 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. Neste OYJ's current Days Payable of 53.81 is 7.1% 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 Neste OYJ 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. Neste OYJ's current Days Payable is 53.81, which is 56% above median its own 10-year median of 34.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neste OYJ stock overvalued right now?
Neste OYJ (MEX:NESTEN) has a current Days Payable of 53.81. The stock's GF Value™ is MXN412.25, compared to a current price of MXN593.47 — trading 44% above its estimated fair value. The current Days Payable is 53.81, which is 56% above median its 10-year median of 34.59 and 7.1% below the Oil & Gas industry median of 57.95. Neste OYJ's overall GF Score™ is 80/100 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 Neste OYJ (MEX:NESTEN), the current Days Payable is 53.81 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 Neste OYJ (MEX:NESTEN) Overvalued in 2026?

Based on GuruFocus' analysis, Neste OYJ stock appears to be overvalued. The current stock price of MXN593.47 is trading 44% above its estimated GF Value™ of MXN412.25.

Key valuation signals for MEX:NESTEN:

  • Days Payable: 53.81 (56% above median its 10-year median of 34.59)
  • GF Value™: MXN412.25 vs. price of MXN593.47 (44% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 7.1% below the Oil & Gas median (#473 of 849)

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


Neste OYJ Business Description

Industry EnergyOil & Gas
Address Keilaranta 21, Espoo, FIN, 02150
Neste OYJ is a producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The group also produces oil products and has a network of several fuel stations with expanding service offerings, such as EV charging, in Finland and in the Baltics. Neste has three reporting segments: Renewable Products, Oil Products, and Marketing and Services. Maximum revenue is generated from its Oil Products segment, which offers oil products and related services for the road transportation, heavy machinery, agriculture, aviation, and marine sectors, as well as products for the oil and petrochemical industries. Geographically, the group generates maximum revenue from other European countries (excluding Finland), followed by Finland, the USA, and other markets.
80GF Score

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

MXN593.47
Price
MXN412.25
GF Value