Transportadora de Gas del Norte (BUE:TGNO1) Days Payable: 33.59 (As of Mar. 2026) — 48% Above Median

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BUE:TGNO1 Transportadora de Gas del Norte SA BUE:TGNO1
82 GF Score
Price ARS2.65
GF Value ARS3.01
! 4 Warning Signs
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What is Transportadora de Gas del Norte Days Payable?

Transportadora de Gas del Norte BUE:TGNO1 82 Days Payable is 33.59 as of Mar. 2026, which is 48% above its 10-year median of 22.67. GuruFocus rates BUE:TGNO1 with a GF Score™ of 82/100 and a GF Value™ of ARS3.01. The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, Transportadora de Gas del Norte ranks worse than 71.21% on this metric.

Transportadora de Gas del Norte's average Accounts Payable for the three months ended in Mar. 2026 was ARS21,326 Mil. Transportadora de Gas del Norte's Cost of Goods Sold for the three months ended in Mar. 2026 was ARS57,931 Mil. Hence, Transportadora de Gas del Norte's Days Payable for the three months ended in Mar. 2026 was 33.59.

The historical rank and industry rank for Transportadora de Gas del Norte's Days Payable or its related term are showing as below:

BUE:TGNO1' s Days Payable Range Over the Past 10 Years
Min: 3.51   Med: 22.67   Max: 38.54
Current: 33.84

During the past 13 years, Transportadora de Gas del Norte's highest Days Payable was 38.54. The lowest was 3.51. And the median was 22.67.

BUE:TGNO1's Days Payable is ranked worse than
71.21% of 851 companies
in the Oil & Gas industry
Industry Median: 57.16 vs BUE:TGNO1: 33.84

Transportadora de Gas del Norte's Days Payable increased from Mar. 2025 (23.06) to Mar. 2026 (33.59). It may suggest that Transportadora de Gas del Norte delayed paying its suppliers.


Transportadora de Gas del Norte Days Payable Related Terms


Transportadora de Gas del Norte Days Payable Historical Data

* Premium members only.

The historical data trend for Transportadora de Gas del Norte'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.

Transportadora de Gas del Norte Days Payable Chart

Transportadora de Gas del Norte 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 3.51 31.22 27.67 15.77 22.61

Transportadora de Gas del Norte 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 23.06 35.84 46.90 28.69 33.59

BUE:TGNO1 vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Transportadora de Gas del Norte'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.


Transportadora de Gas del Norte Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Transportadora de Gas del Norte's Days Payable falls into.


BUE:TGNO1
82GF Score
Transportadora de Gas del Norte SA BUE:TGNO1
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Transportadora de Gas del Norte 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.

Transportadora de Gas del Norte'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
=( (11320.397 + 19387.579) / 2 ) / 247894.462*365
=15353.988 / 247894.462*365
=22.61

Transportadora de Gas del Norte'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
=( (19387.579 + 23264.338) / 2 ) / 57931.394*365 / 4
=21325.9585 / 57931.394*365 / 4
=33.59

* 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 33.59 mean?
Transportadora de Gas del Norte (BUE:TGNO1) has a Days Payable of 33.59 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 Transportadora de Gas del Norte and its competitors. This is 48% above median its historical median of 22.67. Over the past decade, Transportadora de Gas del Norte's Days Payable has ranged from 3.51 to 38.54. According to the industry distribution chart, Transportadora de Gas del Norte ranks #606 out of 851 companies in the Oil & Gas industry, placing it in the top 71.2%.
Is Transportadora de Gas del Norte's Days Payable too high?
Transportadora de Gas del Norte's current Days Payable of 33.59 is 48% above median its 10-year median of 22.67. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 38.54. The Oil & Gas industry median Days Payable is 57.16. Transportadora de Gas del Norte's value of 33.59 is 41.2% below this industry median. Based on the distribution chart, Transportadora de Gas del Norte ranks #606 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Transportadora de Gas del Norte has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Transportadora de Gas del Norte's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Transportadora de Gas del Norte ranks #606 out of 851 companies for Days Payable. This places Transportadora de Gas del Norte in the lower half of its industry. The industry median Days Payable is 57.16. Transportadora de Gas del Norte's value of 33.59 is 41.2% below this benchmark. Historically, Transportadora de Gas del Norte's own Days Payable has ranged from 3.51 to 38.54 over the past decade. While the company's 10-year median is 22.67 vs. the industry median of 57.16, Transportadora de Gas del Norte 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 57.16, 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. Transportadora de Gas del Norte's current Days Payable of 33.59 is 41.2% 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 Transportadora de Gas del Norte and its competitors. For the Oil & Gas industry, the median Days Payable is 57.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transportadora de Gas del Norte's current Days Payable is 33.59, which is 48% above median its own 10-year median of 22.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transportadora de Gas del Norte stock overvalued right now?
Transportadora de Gas del Norte (BUE:TGNO1) has a current Days Payable of 33.59. The stock's GF Value™ is ARS3.01, compared to a current price of ARS2.65 — trading 12% below its estimated fair value. The current Days Payable is 33.59, which is 48% above median its 10-year median of 22.67 and 41.2% below the Oil & Gas industry median of 57.16. Transportadora de Gas del Norte's overall GF Score™ is 82/100 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 Transportadora de Gas del Norte (BUE:TGNO1), the current Days Payable is 33.59 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 Transportadora de Gas del Norte (BUE:TGNO1) Overvalued in 2026?

Based on GuruFocus' analysis, Transportadora de Gas del Norte stock appears to be undervalued. The current stock price of ARS2.65 is trading 12% below its estimated GF Value™ of ARS3.01.

Key valuation signals for BUE:TGNO1:

  • Days Payable: 33.59 (48% above median its 10-year median of 22.67)
  • GF Value™: ARS3.01 vs. price of ARS2.65 (12% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 41.2% below the Oil & Gas median (#606 of 851)

No single metric tells the full story. See the BUE:TGNO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transportadora de Gas del Norte Business Description

Industry EnergyOil & Gas
Other Exchanges TGNO4:Argentina
Address Avenida del Libertador, 22nd floor, Buenos Aires, ARG, 7208
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance, and technical assistance of third-party pipelines.
82GF Score

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

ARS2.65
Price
ARS3.01
GF Value