ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Days Payable: 122.08 (As of Mar. 2026) — 204% Above Median

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ADX:ADNOCDRILL ADNOC Drilling Company PJSC ADX:ADNOCDRILL
90 GF Score
Price د.إ5.82
GF Value د.إ6.49
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is ADNOC Drilling Company PJSC Days Payable?

ADNOC Drilling Company PJSC ADX:ADNOCDRILL +1.22% 90 Days Payable is 122.08 as of Mar. 2026, which is 204% above its 10-year median of 40.15. GuruFocus rates ADX:ADNOCDRILL with a GF Score™ of 90/100 and a GF Value™ of د.إ6.49 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 850 Oil & Gas companies, ADNOC Drilling Company PJSC ranks better than 74.12% on this metric.

ADNOC Drilling Company PJSC's average Accounts Payable for the three months ended in Mar. 2026 was د.إ3,911 Mil. ADNOC Drilling Company PJSC's Cost of Goods Sold for the three months ended in Mar. 2026 was د.إ2,924 Mil. Hence, ADNOC Drilling Company PJSC's Days Payable for the three months ended in Mar. 2026 was 122.08.

The historical rank and industry rank for ADNOC Drilling Company PJSC's Days Payable or its related term are showing as below:

ADX:ADNOCDRILL' s Days Payable Range Over the Past 10 Years
Min: 14.32   Med: 40.15   Max: 158.08
Current: 124.98

During the past 8 years, ADNOC Drilling Company PJSC's highest Days Payable was 158.08. The lowest was 14.32. And the median was 40.15.

ADX:ADNOCDRILL's Days Payable is ranked better than
74.12% of 850 companies
in the Oil & Gas industry
Industry Median: 58.46 vs ADX:ADNOCDRILL: 124.98

ADNOC Drilling Company PJSC's Days Payable declined from Mar. 2025 (148.87) to Mar. 2026 (122.08). It may suggest that ADNOC Drilling Company PJSC accelerated paying its suppliers.


ADNOC Drilling Company PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for ADNOC Drilling Company PJSC'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.

ADNOC Drilling Company PJSC Days Payable Chart

ADNOC Drilling Company PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 25.02 55.28 123.70 158.08 130.16

ADNOC Drilling Company PJSC 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 148.87 136.67 117.79 118.80 122.08

ADX:ADNOCDRILL vs NE, RIG, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, ADNOC Drilling Company PJSC'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.


ADNOC Drilling Company PJSC Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where ADNOC Drilling Company PJSC's Days Payable falls into.


ADX:ADNOCDRILL
90GF Score
ADNOC Drilling Company PJSC ADX:ADNOCDRILL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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ADNOC Drilling Company PJSC 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.

ADNOC Drilling Company PJSC'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
=( (4317.944 + 3817.271) / 2 ) / 11406.664*365
=4067.6075 / 11406.664*365
=130.16

ADNOC Drilling Company PJSC'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
=( (3817.271 + 4005.127) / 2 ) / 2923.509*365 / 4
=3911.199 / 2923.509*365 / 4
=122.08

* 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 122.08 mean?
ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) has a Days Payable of 122.08 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 ADNOC Drilling Company PJSC and its competitors. This is 204% above median its historical median of 40.15. Over the past decade, ADNOC Drilling Company PJSC's Days Payable has ranged from 14.32 to 158.08. According to the industry distribution chart, ADNOC Drilling Company PJSC ranks #220 out of 850 companies in the Oil & Gas industry, placing it in the top 25.9%.
Is ADNOC Drilling Company PJSC's Days Payable too high?
ADNOC Drilling Company PJSC's current Days Payable of 122.08 is 204% above median its 10-year median of 40.15. Over the past 10 years, this metric has ranged from a low of 14.32 to a high of 158.08. The Oil & Gas industry median Days Payable is 58.46. ADNOC Drilling Company PJSC's value of 122.08 is 108.8% above this industry median. Based on the distribution chart, ADNOC Drilling Company PJSC ranks #220 out of 850 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ADNOC Drilling Company PJSC has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Drilling Company PJSC's Days Payable compare to NE and RIG?
According to the Oil & Gas industry distribution chart, ADNOC Drilling Company PJSC ranks #220 out of 850 companies for Days Payable. This puts ADNOC Drilling Company PJSC in the upper half of its industry. The industry median Days Payable is 58.46. ADNOC Drilling Company PJSC's value of 122.08 is 108.8% above this benchmark. Historically, ADNOC Drilling Company PJSC's own Days Payable has ranged from 14.32 to 158.08 over the past decade. While the company's 10-year median is 40.15 vs. the industry median of 58.46, ADNOC Drilling Company PJSC 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 58.46, based on 850 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. ADNOC Drilling Company PJSC's current Days Payable of 122.08 is 108.8% 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 ADNOC Drilling Company PJSC and its competitors. For the Oil & Gas industry, the median Days Payable is 58.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADNOC Drilling Company PJSC's current Days Payable is 122.08, which is 204% above median its own 10-year median of 40.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADNOC Drilling Company PJSC stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ6.49, compared to a current price of د.إ5.82 — trading 10.3% below its estimated fair value. The current Days Payable is 122.08, which is 204% above median its 10-year median of 40.15 and 108.8% above the Oil & Gas industry median of 58.46. ADNOC Drilling Company PJSC's overall GF Score™ is 90/100 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL), the current Days Payable is 122.08 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Overvalued in 2026?

Based on GuruFocus' analysis, ADNOC Drilling Company PJSC stock appears to be undervalued. The current stock price of د.إ5.82 is trading 10.3% below its estimated GF Value™ of د.إ6.49. GuruFocus considers ADNOC Drilling Company PJSC to be Modestly Undervalued.

Key valuation signals for ADX:ADNOCDRILL:

  • Days Payable: 122.08 (204% above median its 10-year median of 40.15)
  • GF Value™: د.إ6.49 vs. price of د.إ5.82 (10.3% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 108.8% above the Oil & Gas median (#220 of 850)

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


ADNOC Drilling Company PJSC Business Description

Industry EnergyOil & Gas
Address SKEC 2, Zone 1 - E-17, P.O. Box 4017, Abu Dhabi, ARE
ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore, and OilField Services, with maximum revenue from the Onshore segment.
90GF Score

Get the complete analysis for ADX:ADNOCDRILL

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

د.إ5.82
Price
د.إ6.49
GF Value