Grand Gulf Energy (ASX:GGE) Days Payable: 742.17 (As of Dec. 2025) — 765% Above Median


What is Grand Gulf Energy Days Payable?

Grand Gulf Energy ASX:GGE Days Payable is 742.17 as of Dec. 2025, which is 765% above its 10-year median of 85.84. The stock has 2 warning signs investors should review. Among 854 Oil & Gas companies, Grand Gulf Energy ranks better than 94.03% on this metric.

Grand Gulf Energy's average Accounts Payable for the six months ended in Dec. 2025 was A$0.37 Mil. Grand Gulf Energy's Cost of Goods Sold for the six months ended in Dec. 2025 was A$0.09 Mil. Hence, Grand Gulf Energy's Days Payable for the six months ended in Dec. 2025 was 742.17.

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

ASX:GGE' s Days Payable Range Over the Past 10 Years
Min: 39.67   Med: 85.84   Max: 974.96
Current: 624.62

During the past 13 years, Grand Gulf Energy's highest Days Payable was 974.96. The lowest was 39.67. And the median was 85.84.

ASX:GGE's Days Payable is ranked better than
94.03% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs ASX:GGE: 624.62

Grand Gulf Energy's Days Payable declined from Dec. 2024 (2,636.64) to Dec. 2025 (742.17). It may suggest that Grand Gulf Energy accelerated paying its suppliers.


Grand Gulf Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Grand Gulf Energy'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.

Grand Gulf Energy Days Payable Chart

Grand Gulf Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.37 76.46 600.67 719.49 974.96

Grand Gulf Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 608.75 567.05 2,636.64 545.66 742.17

ASX:GGE vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Grand Gulf Energy'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.


Grand Gulf Energy Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Grand Gulf Energy's Days Payable falls into.



Grand Gulf Energy 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.

Grand Gulf Energy's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as

Days Payable (A: Jun. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2024 ) + Accounts Payable (A: Jun. 2025 )) / count ) / Cost of Goods Sold (A: Jun. 2025 )*Days in Period
=( (0.603 + 0.396) / 2 ) / 0.187*365
=0.4995 / 0.187*365
=974.96

Grand Gulf Energy's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.396 + 0.336) / 2 ) / 0.09*365 / 2
=0.366 / 0.09*365 / 2
=742.17

* 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 742.17 mean?
Grand Gulf Energy (ASX:GGE) has a Days Payable of 742.17 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Grand Gulf Energy and its competitors. This is 765% above median its historical median of 85.84. Over the past decade, Grand Gulf Energy's Days Payable has ranged from 39.67 to 974.96. According to the industry distribution chart, Grand Gulf Energy ranks #51 out of 854 companies in the Oil & Gas industry, placing it in the top 6%.
Is Grand Gulf Energy's Days Payable too high?
Grand Gulf Energy's current Days Payable of 742.17 is 765% above median its 10-year median of 85.84. Over the past 10 years, this metric has ranged from a low of 39.67 to a high of 974.96. The Oil & Gas industry median Days Payable is 57.15. Grand Gulf Energy's value of 742.17 is 1198.7% above this industry median. Based on the distribution chart, Grand Gulf Energy ranks #51 out of 854 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Grand Gulf Energy's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Grand Gulf Energy ranks #51 out of 854 companies for Days Payable. This places Grand Gulf Energy in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.15. Grand Gulf Energy's value of 742.17 is 1198.7% above this benchmark. Historically, Grand Gulf Energy's own Days Payable has ranged from 39.67 to 974.96 over the past decade. While the company's 10-year median is 85.84 vs. the industry median of 57.15, Grand Gulf Energy 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 57.15, based on 854 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. Grand Gulf Energy's current Days Payable of 742.17 is 1198.7% 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 Grand Gulf Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grand Gulf Energy's current Days Payable is 742.17, which is 765% above median its own 10-year median of 85.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grand Gulf Energy stock overvalued right now?
Grand Gulf Energy (ASX:GGE) has a current Days Payable of 742.17. The current Days Payable is 742.17, which is 765% above median its 10-year median of 85.84 and 1198.7% above the Oil & Gas industry median of 57.15. 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 Grand Gulf Energy (ASX:GGE), the current Days Payable is 742.17 as of Dec. 2025. 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.

Grand Gulf Energy Business Description

Industry EnergyOil & Gas
Other Exchanges GRGUF:USA
Address 56 Kings Park Road, Suite 1G, West Perth, Perth, WA, AUS, 6005
Grand Gulf Energy Ltd is an Australian company engaged in the exploration, evaluation, and development of oil and gas leases. Its flagship project is the Red Helium Project, located in Utah, in the prolific, helium-producing Four Corners area of the USA. The company has one operating segment, being oil and gas production and exploration operations (including exploration for Helium). Geographically, it derives maximum revenue from the United States of America, through oil and gas sales.