APAAPA -1.23%57 Days Payable is 70.44 as of Mar. 2026, which is 23% above its 10-year median of 57.43. GuruFocus rates APA with a GF Score™ of 57/100 and a GF Value™ of $26.09 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 849 Oil & Gas companies, APA ranks better than 56.77% on this metric.
APA's average Accounts Payable for the
three
months ended in Mar. 2026 was $835 Mil. APA's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $1,081 Mil.
Hence, APA's Days Payable for the
three
months ended in Mar. 2026 was 70.44.
The historical rank and industry rank for APA's Days Payable or its related term are showing as below:
APA'
s Days Payable Range Over the Past 10 Years
Min: 48.24 Med: 57.43 Max: 73.21
Current: 73.21
During the past 13 years, APA's highest Days Payable was 73.21. The lowest was 48.24. And the median was 57.43.
APA's Days Payable is ranked better than 56.77% of 849
companies
in the Oil & Gas industry
Industry Median: 57.95
vs APA: 73.21
APA's Days Payable
increased
from Mar. 2025 (65.30) to Mar. 2026 (70.44).
It may suggest that APAdelayed paying its suppliers.
APA Days Payable Related Terms
APA Days Payable Historical Data
* Premium members only.
The historical data trend for APA'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 Oil & Gas E&P subindustry, APA'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.
APA Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, APA's Days Payable distribution charts can be found below:
* The bar in red indicates where APA'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.
APA'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.
APA (APA) has a Days Payable of 70.44 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 APA and its competitors. This is 23% above median its historical median of 57.43. Over the past decade, APA's Days Payable has ranged from 48.24 to 73.21. According to the industry distribution chart, APA ranks #367 out of 849 companies in the Oil & Gas industry, placing it in the top 43.2%.
Is APA's Days Payable too high?
APA's current Days Payable of 70.44 is 23% above median its 10-year median of 57.43. Over the past 10 years, this metric has ranged from a low of 48.24 to a high of 73.21. The Oil & Gas industry median Days Payable is 57.95. APA's value of 70.44 is 21.6% above this industry median. Based on the distribution chart, APA ranks #367 out of 849 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, APA has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APA's Days Payable compare to AR and OVV?
According to the Oil & Gas industry distribution chart, APA ranks #367 out of 849 companies for Days Payable. This puts APA in the upper half of its industry. The industry median Days Payable is 57.95. APA's value of 70.44 is 21.6% above this benchmark. Historically, APA's own Days Payable has ranged from 48.24 to 73.21 over the past decade. While the company's 10-year median is 57.43 vs. the industry median of 57.95, APA 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 an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 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. APA's current Days Payable of 70.44 is 21.6% 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 APA and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APA's current Days Payable is 70.44, which is 23% above median its own 10-year median of 57.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APA stock overvalued right now?
Based on GuruFocus' analysis, APA (APA) is currently considered Modestly Overvalued. The stock's GF Value™ is $26.09, compared to a current price of $33.01 — trading 26.5% above its estimated fair value. The current Days Payable is 70.44, which is 23% above median its 10-year median of 57.43 and 21.6% above the Oil & Gas industry median of 57.95. APA's overall GF Score™ is 57/100 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 APA (APA), the current Days Payable is 70.44 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 APA (APA) Overvalued in 2026?
Based on GuruFocus' analysis, APA stock appears to be overvalued.
The current stock price of $33.01 is trading 26.5% above its estimated GF Value™ of $26.09.
GuruFocus considers APA to be Modestly Overvalued.
Key valuation signals for APA:
Days Payable: 70.44 (23% above median its 10-year median of 57.43)
GF Value™: $26.09 vs. price of $33.01 (26.5% above fair value)
Industry Position: 21.6% above the Oil & Gas median (#367 of 849)
No single metric tells the full story. See the APA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APA Corp is an independent exploration and production company. It develops and produces crude oil, natural gas, and natural gas liquids. The company's business has oil and gas operations in four segments: Egypt, the North Sea, Suriname, and the U.S. The company generates the majority of its revenue from the U.S. reporting segment. The company also has exploration interests in Uruguay, Alaska, and other international locations.
57GF Score
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