MTRN (Materion) Days Payable: 32.92 (As of Mar. 2026) — 65% Above Median


MTRN Materion Corp MTRN
73 GF Score
Price $264.17
GF Value $134.46
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Materion Days Payable?

Materion MTRN -6.83% 73 Days Payable is 32.92 as of Mar. 2026, which is 65% above its 10-year median of 19.97. GuruFocus rates MTRN with a GF Score™ of 73/100 and a GF Value™ of $134.46 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,064 Metals & Mining companies, Materion ranks worse than 83.18% on this metric.

Materion's average Accounts Payable for the three months ended in Mar. 2026 was $169 Mil. Materion's Cost of Goods Sold for the three months ended in Mar. 2026 was $468 Mil. Hence, Materion's Days Payable for the three months ended in Mar. 2026 was 32.92.

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

MTRN' s Days Payable Range Over the Past 10 Years
Min: 14.98   Med: 19.97   Max: 34.03
Current: 34.03

During the past 13 years, Materion's highest Days Payable was 34.03. The lowest was 14.98. And the median was 19.97.

MTRN's Days Payable is ranked worse than
83.18% of 1064 companies
in the Metals & Mining industry
Industry Median: 126.885 vs MTRN: 34.03

Materion's Days Payable increased from Mar. 2025 (32.18) to Mar. 2026 (32.92). It may suggest that Materion delayed paying its suppliers.


Materion Days Payable Historical Data

* Premium members only.

The historical data trend for Materion'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.

Materion Days Payable Chart

Materion 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 21.11 25.07 32.39 31.10 31.43

Materion 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 32.18 35.19 34.61 30.88 32.92

MTRN vs USAR, EMAT, MP: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Materion'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.


Materion Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Materion's Days Payable distribution charts can be found below:

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


MTRN
73GF Score
Materion Corp MTRN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Materion 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.

Materion'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
=( (105.901 + 148.642) / 2 ) / 1477.924*365
=127.2715 / 1477.924*365
=31.43

Materion'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
=( (148.642 + 189.036) / 2 ) / 467.989*365 / 4
=168.839 / 467.989*365 / 4
=32.92

* 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 32.92 mean?
Materion (MTRN) has a Days Payable of 32.92 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 Materion and its competitors. This is 65% above median its historical median of 19.97. Over the past decade, Materion's Days Payable has ranged from 14.98 to 34.03. According to the industry distribution chart, Materion ranks #885 out of 1064 companies in the Metals & Mining industry, placing it in the top 83.2%.
Is Materion's Days Payable too high?
Materion's current Days Payable of 32.92 is 65% above median its 10-year median of 19.97. Over the past 10 years, this metric has ranged from a low of 14.98 to a high of 34.03. The Metals & Mining industry median Days Payable is 126.89. Materion's value of 32.92 is 74.1% below this industry median. Based on the distribution chart, Materion ranks #885 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Materion has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Materion's Days Payable compare to USAR and EMAT?
According to the Metals & Mining industry distribution chart, Materion ranks #885 out of 1064 companies for Days Payable. This places Materion in the lower half of its industry. The industry median Days Payable is 126.89. Materion's value of 32.92 is 74.1% below this benchmark. Historically, Materion's own Days Payable has ranged from 14.98 to 34.03 over the past decade. While the company's 10-year median is 19.97 vs. the industry median of 126.89, Materion 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 126.89, based on 1,064 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. Materion's current Days Payable of 32.92 is 74.1% 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 Materion and its competitors. For the Metals & Mining industry, the median Days Payable is 126.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Materion's current Days Payable is 32.92, which is 65% above median its own 10-year median of 19.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materion stock overvalued right now?
Based on GuruFocus' analysis, Materion (MTRN) is currently considered Significantly Overvalued. The stock's GF Value™ is $134.46, compared to a current price of $264.17 — trading 96.5% above its estimated fair value. The current Days Payable is 32.92, which is 65% above median its 10-year median of 19.97 and 74.1% below the Metals & Mining industry median of 126.89. Materion's overall GF Score™ is 73/100 with 9 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 Materion (MTRN), the current Days Payable is 32.92 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 Materion (MTRN) Overvalued in 2026?

Based on GuruFocus' analysis, Materion stock appears to be overvalued. The current stock price of $264.17 is trading 96.5% above its estimated GF Value™ of $134.46. GuruFocus considers Materion to be Significantly Overvalued.

Key valuation signals for MTRN:

  • Days Payable: 32.92 (65% above median its 10-year median of 19.97)
  • GF Value™: $134.46 vs. price of $264.17 (96.5% above fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 74.1% below the Metals & Mining median (#885 of 1064)

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


Materion Business Description

Other Exchanges BEM:Germany
Address 6070 Parkland Boulevard, Mayfield Heights, OH, USA, 44124
Materion Corp offers products that include precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium and copper-based alloys, beryllium composites, ceramics, and engineered clad and plated metal systems. Its segments are: Performance Materials provides beryllium and non-beryllium containing alloy systems and custom engineered parts. Electronic Materials produces chemicals, microelectronics packaging, and specialty metal products, including vapor deposition targets and preforms. Precision Optics produces thin film coatings and optical filter materials. The Other reportable segment includes unallocated corporate costs and assets. It operates in the United States, Asia, Europe, and other countries.
73GF Score

Get the complete analysis for MTRN

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

$264.17
Price
$134.46
GF Value