TDW (Tidewater) Days Payable: 24.34 (As of Mar. 2026) — Near Median


TDW Tidewater Inc TDW
79 GF Score
Price $67.32
GF Value $83.59
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tidewater Days Payable?

Tidewater TDW +2.37% 79 Days Payable is 24.34 as of Mar. 2026, which is 3% above its 10-year median of 23.65. GuruFocus rates TDW with a GF Score™ of 79/100 and a GF Value™ of $83.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 849 Oil & Gas companies, Tidewater ranks worse than 86.1% on this metric.

Tidewater's average Accounts Payable for the three months ended in Mar. 2026 was $62 Mil. Tidewater's Cost of Goods Sold for the three months ended in Mar. 2026 was $234 Mil. Hence, Tidewater's Days Payable for the three months ended in Mar. 2026 was 24.34.

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

TDW' s Days Payable Range Over the Past 10 Years
Min: 18.21   Med: 23.65   Max: 34.78
Current: 20.42

During the past 13 years, Tidewater's highest Days Payable was 34.78. The lowest was 18.21. And the median was 23.65.

TDW's Days Payable is ranked worse than
86.1% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs TDW: 20.42

Tidewater's Days Payable increased from Mar. 2025 (23.93) to Mar. 2026 (24.34). It may suggest that Tidewater delayed paying its suppliers.


Tidewater Days Payable Historical Data

* Premium members only.

The historical data trend for Tidewater'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.

Tidewater Days Payable Chart

Tidewater Annual Data
Trend Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.21 21.02 20.65 22.60 26.48

Tidewater 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 23.93 19.22 17.09 20.80 24.34

TDW vs OII, USAC, WHD: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Tidewater'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.


Tidewater Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tidewater's Days Payable distribution charts can be found below:

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


TDW
79GF Score
Tidewater Inc TDW
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tidewater 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.

Tidewater'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
=( (71.385 + 66.347) / 2 ) / 949.341*365
=68.866 / 949.341*365
=26.48

Tidewater'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
=( (66.347 + 58.238) / 2 ) / 233.567*365 / 4
=62.2925 / 233.567*365 / 4
=24.34

* 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 24.34 mean?
Tidewater (TDW) has a Days Payable of 24.34 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 Tidewater and its competitors. This is near median its historical median of 23.65. Over the past decade, Tidewater's Days Payable has ranged from 18.21 to 34.78. According to the industry distribution chart, Tidewater ranks #731 out of 849 companies in the Oil & Gas industry, placing it in the top 86.1%.
Is Tidewater's Days Payable too high?
Tidewater's current Days Payable of 24.34 is near median its 10-year median of 23.65. Over the past 10 years, this metric has ranged from a low of 18.21 to a high of 34.78. The Oil & Gas industry median Days Payable is 57.95. Tidewater's value of 24.34 is 58% below this industry median. Based on the distribution chart, Tidewater ranks #731 out of 849 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Tidewater has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater's Days Payable compare to OII and USAC?
According to the Oil & Gas industry distribution chart, Tidewater ranks #731 out of 849 companies for Days Payable. This places Tidewater in the lower half of its industry. The industry median Days Payable is 57.95. Tidewater's value of 24.34 is 58% below this benchmark. Historically, Tidewater's own Days Payable has ranged from 18.21 to 34.78 over the past decade. While the company's 10-year median is 23.65 vs. the industry median of 57.95, Tidewater 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 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. Tidewater's current Days Payable of 24.34 is 58% 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 Tidewater 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. Tidewater's current Days Payable is 24.34, which is near median its own 10-year median of 23.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater stock overvalued right now?
Based on GuruFocus' analysis, Tidewater (TDW) is currently considered Modestly Undervalued. The stock's GF Value™ is $83.59, compared to a current price of $67.32 — trading 19.5% below its estimated fair value. The current Days Payable is 24.34, which is near median its 10-year median of 23.65 and 58% below the Oil & Gas industry median of 57.95. Tidewater's overall GF Score™ is 79/100 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 Tidewater (TDW), the current Days Payable is 24.34 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 Tidewater (TDW) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater stock appears to be undervalued. The current stock price of $67.32 is trading 19.5% below its estimated GF Value™ of $83.59. GuruFocus considers Tidewater to be Modestly Undervalued.

Key valuation signals for TDW:

  • Days Payable: 24.34 (near median its 10-year median of 23.65)
  • GF Value™: $83.59 vs. price of $67.32 (19.5% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 58% below the Oil & Gas median (#731 of 849)

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


Tidewater Business Description

Industry EnergyOil & Gas
Other Exchanges TDW:MexicoTD9:Germany
Address 842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024
Tidewater Inc provides marine and transportation services to the offshore energy industry. The company's vessels and associated services support all phases of offshore crude oil and natural gas (also referred to as oil and gas) exploration activities, field development, production, and maintenance, as well as windfarm development and maintenance. Its services include towing and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workovers, production activities, field abandonment, dismantlement, and restoration activities; and Others. The group manages its business through five segments, including the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa.
79GF Score

Get the complete analysis for TDW

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

$67.32
Price
$83.59
GF Value