* 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 Integrated subindustry, Petroleo Brasileiro Petrobras'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.
Petroleo Brasileiro Petrobras Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Days Payable distribution charts can be found below:
* The bar in red indicates where Petroleo Brasileiro Petrobras's Days Payable falls into.
Petroleo Brasileiro Petrobras 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.
* 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.
Petroleo Brasileiro Petrobras (BSP:PETR3) has a Days Payable of 56.86 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 Petroleo Brasileiro Petrobras and its competitors. This is 33% above median its historical median of 42.63. Over the past decade, Petroleo Brasileiro Petrobras' Days Payable has ranged from 34.49 to 69.98. According to the industry distribution chart, Petroleo Brasileiro Petrobras ranks #478 out of 852 companies in the Oil & Gas industry, placing it in the top 56.1%.
Is Petroleo Brasileiro Petrobras' Days Payable too high?
Petroleo Brasileiro Petrobras' current Days Payable of 56.86 is 33% above median its 10-year median of 42.63. Over the past 10 years, this metric has ranged from a low of 34.49 to a high of 69.98. The Oil & Gas industry median Days Payable is 57.84. Petroleo Brasileiro Petrobras' value of 56.86 is 1.7% below this industry median. Based on the distribution chart, Petroleo Brasileiro Petrobras ranks #478 out of 852 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Petroleo Brasileiro Petrobras has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petroleo Brasileiro Petrobras' Days Payable compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Petroleo Brasileiro Petrobras ranks #478 out of 852 companies for Days Payable. This places Petroleo Brasileiro Petrobras in the lower half of its industry. The industry median Days Payable is 57.84. Petroleo Brasileiro Petrobras' value of 56.86 is 1.7% below this benchmark. Historically, Petroleo Brasileiro Petrobras' own Days Payable has ranged from 34.49 to 69.98 over the past decade. While the company's 10-year median is 42.63 vs. the industry median of 57.84, Petroleo Brasileiro Petrobras 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 57.84, based on 852 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. Petroleo Brasileiro Petrobras's current Days Payable of 56.86 is 1.7% 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 Petroleo Brasileiro Petrobras and its competitors. For the Oil & Gas industry, the median Days Payable is 57.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petroleo Brasileiro Petrobras's current Days Payable is 56.86, which is 33% above median its own 10-year median of 42.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroleo Brasileiro Petrobras stock overvalued right now?
Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras (BSP:PETR3) is currently considered Fairly Valued. The stock's GF Value™ is R$39.40, compared to a current price of R$41.78 — trading 6% above its estimated fair value. The current Days Payable is 56.86, which is 33% above median its 10-year median of 42.63 and 1.7% below the Oil & Gas industry median of 57.84. Petroleo Brasileiro Petrobras' overall GF Score™ is 71/100 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 Petroleo Brasileiro Petrobras (BSP:PETR3), the current Days Payable is 56.86 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 Petroleo Brasileiro Petrobras (BSP:PETR3) Overvalued in 2026?
Based on GuruFocus' analysis, Petroleo Brasileiro Petrobras stock appears to be overvalued.
The current stock price of R$41.78 is trading 6% above its estimated GF Value™ of R$39.40.
GuruFocus considers Petroleo Brasileiro Petrobras to be Fairly Valued.
Key valuation signals for BSP:PETR3:
Days Payable: 56.86 (33% above median its 10-year median of 42.63)
GF Value™: R$39.40 vs. price of R$41.78 (6% above fair value)
Industry Position: 1.7% below the Oil & Gas median (#478 of 852)
No single metric tells the full story. See the BSP:PETR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petroleo Brasileiro Petrobras Business Description
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on the exploration and production of oil and gas in Brazilian offshore fields. Production in 2025 was 3.0 million barrels of oil equivalent per day (80% oil), and reserves stood at 12.1 billion boe (84% oil). At the end of 2025, Petrobras operated 10 refineries in Brazil with a capacity of 1.8 million barrels per day and distributed refined products and natural gas throughout the country.
71GF Score
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