SNGN Romgaz (BSE:SNG) Days Payable: 20.07 (As of Mar. 2026) — 34% Above Median


BSE:SNG SNGN Romgaz SA BSE:SNG
84 GF Score
Price lei15.50
GF Value lei5.66
Valuation Significantly Overvalued
! 7 Warning Signs
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What is SNGN Romgaz Days Payable?

SNGN Romgaz BSE:SNG 84 Days Payable is 20.07 as of Mar. 2026, which is 34% above its 10-year median of 14.99. GuruFocus rates BSE:SNG with a GF Score™ of 84/100 and a GF Value™ of lei5.66 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 851 Oil & Gas companies, SNGN Romgaz ranks better than 92.36% on this metric.

SNGN Romgaz's average Accounts Payable for the three months ended in Mar. 2026 was lei40 Mil. SNGN Romgaz's Cost of Goods Sold for the three months ended in Mar. 2026 was lei183 Mil. Hence, SNGN Romgaz's Days Payable for the three months ended in Mar. 2026 was 20.07.

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

BSE:SNG' s Days Payable Range Over the Past 10 Years
Min: 6.18   Med: 14.99   Max: 407.63
Current: 407.63

During the past 13 years, SNGN Romgaz's highest Days Payable was 407.63. The lowest was 6.18. And the median was 14.99.

BSE:SNG's Days Payable is ranked better than
92.36% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs BSE:SNG: 407.63

SNGN Romgaz's Days Payable declined from Mar. 2025 (111.50) to Mar. 2026 (20.07). It may suggest that SNGN Romgaz accelerated paying its suppliers.


SNGN Romgaz Days Payable Historical Data

* Premium members only.

The historical data trend for SNGN Romgaz'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.

SNGN Romgaz Days Payable Chart

SNGN Romgaz 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 6.18 10.81 37.61 31.89 19.17

SNGN Romgaz 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 111.50 430.42 186.25 0.00 20.07

BSE:SNG vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, SNGN Romgaz'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.


SNGN Romgaz Days Payable vs Oil & Gas Industry

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

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


BSE:SNG
84GF Score
SNGN Romgaz SA BSE:SNG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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SNGN Romgaz 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.

SNGN Romgaz'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
=( (28.414 + 28.468) / 2 ) / 541.633*365
=28.441 / 541.633*365
=19.17

SNGN Romgaz'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
=( (28.468 + 51.832) / 2 ) / 182.507*365 / 4
=40.15 / 182.507*365 / 4
=20.07

* 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 20.07 mean?
SNGN Romgaz (BSE:SNG) has a Days Payable of 20.07 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 SNGN Romgaz and its competitors. This is 34% above median its historical median of 14.99. Over the past decade, SNGN Romgaz's Days Payable has ranged from 6.18 to 407.63. According to the industry distribution chart, SNGN Romgaz ranks #65 out of 851 companies in the Oil & Gas industry, placing it in the top 7.6%.
Is SNGN Romgaz's Days Payable too high?
SNGN Romgaz's current Days Payable of 20.07 is 34% above median its 10-year median of 14.99. Over the past 10 years, this metric has ranged from a low of 6.18 to a high of 407.63. The Oil & Gas industry median Days Payable is 57.95. SNGN Romgaz's value of 20.07 is 65.4% below this industry median. Based on the distribution chart, SNGN Romgaz ranks #65 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, SNGN Romgaz has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SNGN Romgaz's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, SNGN Romgaz ranks #65 out of 851 companies for Days Payable. This places SNGN Romgaz in the top 8% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. SNGN Romgaz's value of 20.07 is 65.4% below this benchmark. Historically, SNGN Romgaz's own Days Payable has ranged from 6.18 to 407.63 over the past decade. While the company's 10-year median is 14.99 vs. the industry median of 57.95, SNGN Romgaz 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 851 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. SNGN Romgaz's current Days Payable of 20.07 is 65.4% 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 SNGN Romgaz 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. SNGN Romgaz's current Days Payable is 20.07, which is 34% above median its own 10-year median of 14.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SNGN Romgaz stock overvalued right now?
Based on GuruFocus' analysis, SNGN Romgaz (BSE:SNG) is currently considered Significantly Overvalued. The stock's GF Value™ is lei5.66, compared to a current price of lei15.50 — trading 173.9% above its estimated fair value. The current Days Payable is 20.07, which is 34% above median its 10-year median of 14.99 and 65.4% below the Oil & Gas industry median of 57.95. SNGN Romgaz's overall GF Score™ is 84/100 with 7 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 SNGN Romgaz (BSE:SNG), the current Days Payable is 20.07 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 SNGN Romgaz (BSE:SNG) Overvalued in 2026?

Based on GuruFocus' analysis, SNGN Romgaz stock appears to be overvalued. The current stock price of lei15.50 is trading 173.9% above its estimated GF Value™ of lei5.66. GuruFocus considers SNGN Romgaz to be Significantly Overvalued.

Key valuation signals for BSE:SNG:

  • Days Payable: 20.07 (34% above median its 10-year median of 14.99)
  • GF Value™: lei5.66 vs. price of lei15.50 (173.9% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 65.4% below the Oil & Gas median (#65 of 851)

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


SNGN Romgaz Business Description

Industry EnergyOil & Gas
Other Exchanges 0QHQ:UKRZ8B:Germany
Address 4 Constantin I. Motas Square, Sibiu County, Medias, ROU, 551130
SNGN Romgaz SA is Romania's largest natural gas producer and supplier, operating in 8 onshore exploration blocks. The company has upstream, storage, and electricity production segments, as well as other activities. Romgaz engages in various activities, including upstream operations like exploring natural gas reserves, producing and trading gas extracted from domestic or imported sources for resale. These activities are carried out by the head office, Media? and Mure? branches, and subsidiary Romgaz Black Sea Limited. Depogaz, a subsidiary of Romgaz, is responsible for storage activities. Iernut branch is involved in electricity production and distribution activities. Additionally, Romgaz performs other activities such as technological transport, operations on wells, and corporate.
84GF Score

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

lei15.50
Price
lei5.66
GF Value