Ionics (PHS:ION) Days Payable: 88.25 (As of Mar. 2026) — 34% Above Median


PHS:ION Ionics Inc PHS:ION
85 GF Score
Price ₱1.10
GF Value ₱1.16
Valuation Fairly Valued
! 4 Warning Signs
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What is Ionics Days Payable?

Ionics PHS:ION 85 Days Payable is 88.25 as of Mar. 2026, which is 34% above its 10-year median of 65.83. GuruFocus rates PHS:ION with a GF Score™ of 85/100 and a GF Value™ of ₱1.16 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,437 Hardware companies, Ionics ranks worse than 52.15% on this metric.

Ionics's average Accounts Payable for the three months ended in Mar. 2026 was ₱1,670 Mil. Ionics's Cost of Goods Sold for the three months ended in Mar. 2026 was ₱1,726 Mil. Hence, Ionics's Days Payable for the three months ended in Mar. 2026 was 88.25.

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

PHS:ION' s Days Payable Range Over the Past 10 Years
Min: 44.17   Med: 65.83   Max: 98.18
Current: 67.06

During the past 13 years, Ionics's highest Days Payable was 98.18. The lowest was 44.17. And the median was 65.83.

PHS:ION's Days Payable is ranked worse than
52.15% of 2437 companies
in the Hardware industry
Industry Median: 69.93 vs PHS:ION: 67.06

Ionics's Days Payable increased from Mar. 2025 (60.17) to Mar. 2026 (88.25). It may suggest that Ionics delayed paying its suppliers.


Ionics Days Payable Historical Data

* Premium members only.

The historical data trend for Ionics'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.

Ionics Days Payable Chart

Ionics 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 75.79 98.18 87.76 61.68 69.98

Ionics 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 60.17 56.87 51.62 64.93 88.25

PHS:ION vs AAPL: Days Payable Comparison

For the Consumer Electronics subindustry, Ionics'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.


Ionics Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Ionics's Days Payable distribution charts can be found below:

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


PHS:ION
85GF Score
Ionics Inc PHS:ION
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ionics 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.

Ionics'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
=( (1062.511 + 1465.313) / 2 ) / 6592.195*365
=1263.912 / 6592.195*365
=69.98

Ionics'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
=( (1465.313 + 1873.868) / 2 ) / 1726.32*365 / 4
=1669.5905 / 1726.32*365 / 4
=88.25

* 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 88.25 mean?
Ionics (PHS:ION) has a Days Payable of 88.25 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 Ionics and its competitors. This is 34% above median its historical median of 65.83. Over the past decade, Ionics' Days Payable has ranged from 44.17 to 98.18. According to the industry distribution chart, Ionics ranks #1271 out of 2437 companies in the Hardware industry, placing it in the top 52.2%.
Is Ionics' Days Payable too high?
Ionics' current Days Payable of 88.25 is 34% above median its 10-year median of 65.83. Over the past 10 years, this metric has ranged from a low of 44.17 to a high of 98.18. The Hardware industry median Days Payable is 69.93. Ionics' value of 88.25 is 26.2% above this industry median. Based on the distribution chart, Ionics ranks #1271 out of 2437 companies in the Hardware industry, which is below the industry midpoint. Overall, Ionics has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ionics' Days Payable compare to AAPL?
According to the Hardware industry distribution chart, Ionics ranks #1271 out of 2437 companies for Days Payable. This places Ionics in the lower half of its industry. The industry median Days Payable is 69.93. Ionics' value of 88.25 is 26.2% above this benchmark. Historically, Ionics' own Days Payable has ranged from 44.17 to 98.18 over the past decade. While the company's 10-year median is 65.83 vs. the industry median of 69.93, Ionics 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 Hardware company?
The median Days Payable among Hardware companies is 69.93, based on 2,437 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. Ionics's current Days Payable of 88.25 is 26.2% 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 Ionics and its competitors. For the Hardware industry, the median Days Payable is 69.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ionics's current Days Payable is 88.25, which is 34% above median its own 10-year median of 65.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionics stock overvalued right now?
Based on GuruFocus' analysis, Ionics (PHS:ION) is currently considered Fairly Valued. The stock's GF Value™ is ₱1.16, compared to a current price of ₱1.10 — trading 5.2% below its estimated fair value. The current Days Payable is 88.25, which is 34% above median its 10-year median of 65.83 and 26.2% above the Hardware industry median of 69.93. Ionics' overall GF Score™ is 85/100 with 4 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 Ionics (PHS:ION), the current Days Payable is 88.25 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 Ionics (PHS:ION) Overvalued in 2026?

Based on GuruFocus' analysis, Ionics stock appears to be undervalued. The current stock price of ₱1.10 is trading 5.2% below its estimated GF Value™ of ₱1.16. GuruFocus considers Ionics to be Fairly Valued.

Key valuation signals for PHS:ION:

  • Days Payable: 88.25 (34% above median its 10-year median of 65.83)
  • GF Value™: ₱1.16 vs. price of ₱1.10 (5.2% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 26.2% above the Hardware median (#1271 of 2437)

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


Ionics Business Description

Address Circuit Street, Light Industry and Science Park of the Philippines-I, Bo. Diezmo, Cabuyao City, LAG, PHL, 4025
Ionics Inc is engaged in electronic manufacturing services, providing design, build, ship, and logistics solutions across telecommunications, automotive, computer peripherals, consumer electronics, industrial, medical, and plastic products. Its business is organized into segments, with the Consumer Electronics segment generating the majority of revenue, supporting digital media, digital television, and audio product industries. Other segments include Computer Peripherals, Telecom, Automotive, and Real Estate, which earn rental income from warehouse and factory facilities. The Group produces a wide multiple products, including telecom equipment, automotive electronics, computer components, consumer devices, and others. Geographically, it generates the majority of its revenue from Asia.
85GF Score

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

₱1.10
Price
₱1.16
GF Value