O-I GlassMEX:OI 58 Days Payable is 76.76 as of Mar. 2026, which is 9% below its 10-year median of 84.29. GuruFocus rates MEX:OI with a GF Score™ of 58/100 and a GF Value™ of MXN213.51 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 378 Packaging & Containers companies, O-I Glass ranks better than 63.49% on this metric.
O-I Glass's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN20,343 Mil. O-I Glass's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN24,182 Mil.
Hence, O-I Glass's Days Payable for the
three
months ended in Mar. 2026 was 76.76.
The historical rank and industry rank for O-I Glass's Days Payable or its related term are showing as below:
MEX:OI'
s Days Payable Range Over the Past 10 Years
Min: 74.33 Med: 84.29 Max: 90.84
Current: 74.33
During the past 13 years, O-I Glass's highest Days Payable was 90.84. The lowest was 74.33. And the median was 84.29.
MEX:OI's Days Payable is ranked better than 63.49% of 378
companies
in the Packaging & Containers industry
Industry Median: 57.265
vs MEX:OI: 74.33
O-I Glass's Days Payable
declined
from Mar. 2025 (77.64) to Mar. 2026 (76.76).
It may suggest that O-I Glassaccelerated paying its suppliers.
O-I Glass Days Payable Related Terms
O-I Glass Days Payable Historical Data
* Premium members only.
The historical data trend for O-I Glass'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 Packaging & Containers subindustry, O-I Glass'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.
O-I Glass Days Payable vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Days Payable distribution charts can be found below:
* The bar in red indicates where O-I Glass'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.
O-I Glass'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.
O-I Glass (MEX:OI) has a Days Payable of 76.76 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 O-I Glass and its competitors. This is near median its historical median of 84.29. Over the past decade, O-I Glass' Days Payable has ranged from 74.33 to 90.84. According to the industry distribution chart, O-I Glass ranks #138 out of 378 companies in the Packaging & Containers industry, placing it in the top 36.5%.
Is O-I Glass' Days Payable too high?
O-I Glass' current Days Payable of 76.76 is near median its 10-year median of 84.29. Over the past 10 years, this metric has ranged from a low of 74.33 to a high of 90.84. The Packaging & Containers industry median Days Payable is 57.27. O-I Glass' value of 76.76 is 34% above this industry median. Based on the distribution chart, O-I Glass ranks #138 out of 378 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, O-I Glass has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does O-I Glass' Days Payable compare to TRS and MYE?
According to the Packaging & Containers industry distribution chart, O-I Glass ranks #138 out of 378 companies for Days Payable. This puts O-I Glass in the upper half of its industry. The industry median Days Payable is 57.27. O-I Glass' value of 76.76 is 34% above this benchmark. Historically, O-I Glass' own Days Payable has ranged from 74.33 to 90.84 over the past decade. While the company's 10-year median is 84.29 vs. the industry median of 57.27, O-I Glass 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 Packaging & Containers company?
The median Days Payable among Packaging & Containers companies is 57.27, based on 378 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. O-I Glass's current Days Payable of 76.76 is 34% 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 O-I Glass and its competitors. For the Packaging & Containers industry, the median Days Payable is 57.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. O-I Glass's current Days Payable is 76.76, which is near median its own 10-year median of 84.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is O-I Glass stock overvalued right now?
Based on GuruFocus' analysis, O-I Glass (MEX:OI) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN213.51, compared to a current price of MXN155.00 — trading 27.4% below its estimated fair value. The current Days Payable is 76.76, which is near median its 10-year median of 84.29 and 34% above the Packaging & Containers industry median of 57.27. O-I Glass' overall GF Score™ is 58/100 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 O-I Glass (MEX:OI), the current Days Payable is 76.76 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 O-I Glass (MEX:OI) Overvalued in 2026?
Based on GuruFocus' analysis, O-I Glass stock appears to be undervalued.
The current stock price of MXN155.00 is trading 27.4% below its estimated GF Value™ of MXN213.51.
GuruFocus considers O-I Glass to be Modestly Undervalued.
Key valuation signals for MEX:OI:
Days Payable: 76.76 (near median its 10-year median of 84.29)
GF Value™: MXN213.51 vs. price of MXN155.00 (27.4% below fair value)
Industry Position: 34% above the Packaging & Containers median (#138 of 378)
No single metric tells the full story. See the MEX:OI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
O-I Glass is the manufacturer of glass containers. The Company has two reportable segments and two operating segments based on its geographic locations: Americas and Europe. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food.
58GF Score
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