IngevityMEX:NGVT 65 Days Payable is 56.99 as of Mar. 2026, which is 19% above its 10-year median of 47.99. GuruFocus rates MEX:NGVT with a GF Score™ of 65/100 and a GF Value™ of MXN833.30. The stock has 6 warning signs investors should review. Among 1,560 Chemicals companies, Ingevity ranks worse than 62.82% on this metric.
Ingevity's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN1,595 Mil. Ingevity's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN2,553 Mil.
Hence, Ingevity's Days Payable for the
three
months ended in Mar. 2026 was 56.99.
The historical rank and industry rank for Ingevity's Days Payable or its related term are showing as below:
MEX:NGVT'
s Days Payable Range Over the Past 10 Years
Min: 41.46 Med: 47.99 Max: 78.92
Current: 48.42
During the past 13 years, Ingevity's highest Days Payable was 78.92. The lowest was 41.46. And the median was 47.99.
MEX:NGVT's Days Payable is ranked worse than 62.82% of 1560
companies
in the Chemicals industry
Industry Median: 59.915
vs MEX:NGVT: 48.42
Ingevity's Days Payable
declined
from Mar. 2025 (68.65) to Mar. 2026 (56.99).
It may suggest that Ingevityaccelerated paying its suppliers.
Ingevity Days Payable Related Terms
Ingevity Days Payable Historical Data
* Premium members only.
The historical data trend for Ingevity'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.
MEX:NGVT vs MTX, KWR, ASH: Days Payable Comparison
For the Specialty Chemicals subindustry, Ingevity'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.
Ingevity Days Payable vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ingevity's Days Payable distribution charts can be found below:
* The bar in red indicates where Ingevity'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.
Ingevity'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.
Ingevity (MEX:NGVT) has a Days Payable of 56.99 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 Ingevity and its competitors. This is 19% above median its historical median of 47.99. Over the past decade, Ingevity's Days Payable has ranged from 41.46 to 78.92. According to the industry distribution chart, Ingevity ranks #980 out of 1560 companies in the Chemicals industry, placing it in the top 62.8%.
Is Ingevity's Days Payable too high?
Ingevity's current Days Payable of 56.99 is 19% above median its 10-year median of 47.99. Over the past 10 years, this metric has ranged from a low of 41.46 to a high of 78.92. The Chemicals industry median Days Payable is 59.92. Ingevity's value of 56.99 is 4.9% below this industry median. Based on the distribution chart, Ingevity ranks #980 out of 1560 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ingevity has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Ingevity's Days Payable compare to MTX and KWR?
According to the Chemicals industry distribution chart, Ingevity ranks #980 out of 1560 companies for Days Payable. This places Ingevity in the lower half of its industry. The industry median Days Payable is 59.92. Ingevity's value of 56.99 is 4.9% below this benchmark. Historically, Ingevity's own Days Payable has ranged from 41.46 to 78.92 over the past decade. While the company's 10-year median is 47.99 vs. the industry median of 59.92, Ingevity 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.92, based on 1,560 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. Ingevity's current Days Payable of 56.99 is 4.9% 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 Ingevity and its competitors. For the Chemicals industry, the median Days Payable is 59.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingevity's current Days Payable is 56.99, which is 19% above median its own 10-year median of 47.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingevity stock overvalued right now?
Ingevity (MEX:NGVT) has a current Days Payable of 56.99. The stock's GF Value™ is MXN833.30, compared to a current price of MXN1,430.00 — trading 71.6% above its estimated fair value. The current Days Payable is 56.99, which is 19% above median its 10-year median of 47.99 and 4.9% below the Chemicals industry median of 59.92. Ingevity's overall GF Score™ is 65/100 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 Ingevity (MEX:NGVT), the current Days Payable is 56.99 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 Ingevity (MEX:NGVT) Overvalued in 2026?
Based on GuruFocus' analysis, Ingevity stock appears to be overvalued.
The current stock price of MXN1,430.00 is trading 71.6% above its estimated GF Value™ of MXN833.30.
Key valuation signals for MEX:NGVT:
Days Payable: 56.99 (19% above median its 10-year median of 47.99)
GF Value™: MXN833.30 vs. price of MXN1,430.00 (71.6% above fair value)
Industry Position: 4.9% below the Chemicals median (#980 of 1560)
No single metric tells the full story. See the MEX:NGVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ingevity Corp is a chemical manufacturer based in the United States. It conducts its operations through three segments, namely Performance Chemicals, Advanced Polymer Technologies, and Performance Materials. The bulk of its revenue is generated by the Performance Chemicals segment which deals with the manufacture and sale of specialty chemicals that find their use in a range of processes such as asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, and publication inks. The Performance Materials segment, on the other hand, focuses on automotive carbon products used in automobiles. The Advanced Polymer Technologies segment produces caprolactone and caprolactone-based specialty polymers. The company generates the majority of its revenue from North America.
65GF Score
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