Eastman Chemical Co (STU:EAC) Days Payable: 83.45 (As of Mar. 2026) — 77% Above Median


STU:EAC Eastman Chemical Co STU:EAC
75 GF Score
Price €59.20
GF Value €69.43
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Eastman Chemical Co Days Payable?

Eastman Chemical Co STU:EAC +1.16% 75 Days Payable is 83.45 as of Mar. 2026, which is 77% above its 10-year median of 47.11. GuruFocus rates STU:EAC with a GF Score™ of 75/100 and a GF Value™ of €69.43 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,555 Chemicals companies, Eastman Chemical Co ranks better than 74.08% on this metric.

Eastman Chemical Co's average Accounts Payable for the three months ended in Mar. 2026 was €1,381 Mil. Eastman Chemical Co's Cost of Goods Sold for the three months ended in Mar. 2026 was €1,510 Mil. Hence, Eastman Chemical Co's Days Payable for the three months ended in Mar. 2026 was 83.45.

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

STU:EAC' s Days Payable Range Over the Past 10 Years
Min: 38.5   Med: 47.11   Max: 95.87
Current: 95.87

During the past 13 years, Eastman Chemical Co's highest Days Payable was 95.87. The lowest was 38.50. And the median was 47.11.

STU:EAC's Days Payable is ranked better than
74.08% of 1555 companies
in the Chemicals industry
Industry Median: 59.95 vs STU:EAC: 95.87

Eastman Chemical Co's Days Payable declined from Mar. 2025 (88.32) to Mar. 2026 (83.45). It may suggest that Eastman Chemical Co accelerated paying its suppliers.


Eastman Chemical Co Days Payable Historical Data

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The historical data trend for Eastman Chemical Co'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.

Eastman Chemical Co Days Payable Chart

Eastman Chemical Co 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 45.08 53.40 64.53 62.59 70.66

Eastman Chemical Co 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 88.32 106.56 101.75 85.74 83.45

STU:EAC vs AXTA, NEU, WLK: Days Payable Comparison

For the Specialty Chemicals subindustry, Eastman Chemical Co'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.


Eastman Chemical Co Days Payable vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Eastman Chemical Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Eastman Chemical Co's Days Payable falls into.


STU:EAC
75GF Score
Eastman Chemical Co STU:EAC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Eastman Chemical Co 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.

Eastman Chemical Co'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
=( (1250.095 + 1034.194) / 2 ) / 5899.432*365
=1142.1445 / 5899.432*365
=70.66

Eastman Chemical Co'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
=( (1034.194 + 1728.27) / 2 ) / 1510.29*365 / 4
=1381.232 / 1510.29*365 / 4
=83.45

* 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 83.45 mean?
Eastman Chemical Co (STU:EAC) has a Days Payable of 83.45 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 Eastman Chemical Co and its competitors. This is 77% above median its historical median of 47.11. Over the past decade, Eastman Chemical Co's Days Payable has ranged from 38.50 to 95.87. According to the industry distribution chart, Eastman Chemical Co ranks #403 out of 1555 companies in the Chemicals industry, placing it in the top 25.9%.
Is Eastman Chemical Co's Days Payable too high?
Eastman Chemical Co's current Days Payable of 83.45 is 77% above median its 10-year median of 47.11. Over the past 10 years, this metric has ranged from a low of 38.50 to a high of 95.87. The Chemicals industry median Days Payable is 59.95. Eastman Chemical Co's value of 83.45 is 39.2% above this industry median. Based on the distribution chart, Eastman Chemical Co ranks #403 out of 1555 companies in the Chemicals industry, which is above the industry midpoint. Overall, Eastman Chemical Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eastman Chemical Co's Days Payable compare to AXTA and NEU?
According to the Chemicals industry distribution chart, Eastman Chemical Co ranks #403 out of 1555 companies for Days Payable. This puts Eastman Chemical Co in the upper half of its industry. The industry median Days Payable is 59.95. Eastman Chemical Co's value of 83.45 is 39.2% above this benchmark. Historically, Eastman Chemical Co's own Days Payable has ranged from 38.50 to 95.87 over the past decade. While the company's 10-year median is 47.11 vs. the industry median of 59.95, Eastman Chemical Co 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 Chemicals company?
The median Days Payable among Chemicals companies is 59.95, based on 1,555 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. Eastman Chemical Co's current Days Payable of 83.45 is 39.2% 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 Eastman Chemical Co and its competitors. For the Chemicals industry, the median Days Payable is 59.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eastman Chemical Co's current Days Payable is 83.45, which is 77% above median its own 10-year median of 47.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eastman Chemical Co stock overvalued right now?
Based on GuruFocus' analysis, Eastman Chemical Co (STU:EAC) is currently considered Modestly Undervalued. The stock's GF Value™ is €69.43, compared to a current price of €59.20 — trading 14.7% below its estimated fair value. The current Days Payable is 83.45, which is 77% above median its 10-year median of 47.11 and 39.2% above the Chemicals industry median of 59.95. Eastman Chemical Co's overall GF Score™ is 75/100 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 Eastman Chemical Co (STU:EAC), the current Days Payable is 83.45 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 Eastman Chemical Co (STU:EAC) Overvalued in 2026?

Based on GuruFocus' analysis, Eastman Chemical Co stock appears to be undervalued. The current stock price of €59.20 is trading 14.7% below its estimated GF Value™ of €69.43. GuruFocus considers Eastman Chemical Co to be Modestly Undervalued.

Key valuation signals for STU:EAC:

  • Days Payable: 83.45 (77% above median its 10-year median of 47.11)
  • GF Value™: €69.43 vs. price of €59.20 (14.7% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 39.2% above the Chemicals median (#403 of 1555)

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


Eastman Chemical Co Business Description

Address 200 South Wilcox Drive, Kingsport, TN, USA, 37662
Established in 1920 to produce chemicals for Eastman Kodak, Eastman Chemical has grown into a global specialty chemical company with manufacturing sites around the world. The company generates the majority of its sales outside of the United States, with a strong presence in Asian markets. During the past several years, Eastman has sold noncore businesses, choosing to focus on higher-margin specialty product offerings.
75GF Score

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

€59.20
Price
€69.43
GF Value