International BreweriesNSA:IBP -8.33%44 Days Payable is 173.12 as of Mar. 2026, which is 68% above its 10-year median of 103.25. GuruFocus rates NSA:IBP with a GF Score™ of 44/100 and a GF Value™ of ₦2.30 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 202 Beverages - Alcoholic companies, International Breweries ranks better than 75.25% on this metric.
* 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 Beverages - Brewers subindustry, International Breweries'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.
International Breweries Days Payable vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, International Breweries's Days Payable distribution charts can be found below:
* The bar in red indicates where International Breweries'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.
International Breweries'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.
International Breweries (NSA:IBP) has a Days Payable of 173.12 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 International Breweries and its competitors. This is 68% above median its historical median of 103.25. Over the past decade, International Breweries' Days Payable has ranged from 64.63 to 201.58. According to the industry distribution chart, International Breweries ranks #50 out of 202 companies in the Beverages - Alcoholic industry, placing it in the top 24.8%.
Is International Breweries' Days Payable too high?
International Breweries' current Days Payable of 173.12 is 68% above median its 10-year median of 103.25. Over the past 10 years, this metric has ranged from a low of 64.63 to a high of 201.58. The Beverages - Alcoholic industry median Days Payable is 80.86. International Breweries' value of 173.12 is 114.1% above this industry median. Based on the distribution chart, International Breweries ranks #50 out of 202 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, International Breweries has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Breweries' Days Payable compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, International Breweries ranks #50 out of 202 companies for Days Payable. This places International Breweries in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 80.86. International Breweries' value of 173.12 is 114.1% above this benchmark. Historically, International Breweries' own Days Payable has ranged from 64.63 to 201.58 over the past decade. While the company's 10-year median is 103.25 vs. the industry median of 80.86, International Breweries 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 Beverages - Alcoholic company?
The median Days Payable among Beverages - Alcoholic companies is 80.86, based on 202 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. International Breweries's current Days Payable of 173.12 is 114.1% 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 International Breweries and its competitors. For the Beverages - Alcoholic industry, the median Days Payable is 80.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Breweries's current Days Payable is 173.12, which is 68% above median its own 10-year median of 103.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Breweries stock overvalued right now?
Based on GuruFocus' analysis, International Breweries (NSA:IBP) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦2.30, compared to a current price of ₦10.45 — trading 354.3% above its estimated fair value. The current Days Payable is 173.12, which is 68% above median its 10-year median of 103.25 and 114.1% above the Beverages - Alcoholic industry median of 80.86. International Breweries' overall GF Score™ is 44/100 with 2 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 International Breweries (NSA:IBP), the current Days Payable is 173.12 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 International Breweries (NSA:IBP) Overvalued in 2026?
Based on GuruFocus' analysis, International Breweries stock appears to be overvalued.
The current stock price of ₦10.45 is trading 354.3% above its estimated GF Value™ of ₦2.30.
GuruFocus considers International Breweries to be Significantly Overvalued.
Key valuation signals for NSA:IBP:
Days Payable: 173.12 (68% above median its 10-year median of 103.25)
GF Value™: ₦2.30 vs. price of ₦10.45 (354.3% above fair value)
Industry Position: 114.1% above the Beverages - Alcoholic median (#50 of 202)
No single metric tells the full story. See the NSA:IBP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
International Breweries PLC engages in brewing, packaging, and marketing beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria. The company offers its products under the Trophy Lager, Trophy Black, Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt, Betamalt malt drink, and Voltic Water brands.
44GF Score
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