BWLP (BW LPG) Days Payable: 22.68 (As of Mar. 2026) — 67% Above Median


BWLP BW LPG Ltd BWLP
77 GF Score
Price $18.42
GF Value $11.10
Valuation Significantly Overvalued
! 6 Warning Signs
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What is BW LPG Days Payable?

BW LPG BWLP -3.46% 77 Days Payable is 22.68 as of Mar. 2026, which is 67% above its 10-year median of 13.55. GuruFocus rates BWLP with a GF Score™ of 77/100 and a GF Value™ of $11.10 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 849 Oil & Gas companies, BW LPG ranks worse than 81.27% on this metric.

BW LPG's average Accounts Payable for the three months ended in Mar. 2026 was $149 Mil. BW LPG's Cost of Goods Sold for the three months ended in Mar. 2026 was $599 Mil. Hence, BW LPG's Days Payable for the three months ended in Mar. 2026 was 22.68.

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

BWLP' s Days Payable Range Over the Past 10 Years
Min: 3.97   Med: 13.55   Max: 28.31
Current: 25.68

During the past 13 years, BW LPG's highest Days Payable was 28.31. The lowest was 3.97. And the median was 13.55.

BWLP's Days Payable is ranked worse than
81.27% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs BWLP: 25.68

BW LPG's Days Payable increased from Mar. 2025 (19.40) to Mar. 2026 (22.68). It may suggest that BW LPG delayed paying its suppliers.


BW LPG Days Payable Historical Data

* Premium members only.

The historical data trend for BW LPG'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.

BW LPG Days Payable Chart

BW LPG 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 7.64 28.80 29.10 18.68 10.77

BW LPG 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 19.40 23.94 27.14 25.60 22.68

BWLP vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, BW LPG'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.


BW LPG Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where BW LPG's Days Payable falls into.


BWLP
77GF Score
BW LPG Ltd BWLP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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BW LPG 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.

BW LPG'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
=( (97.743 + 93.922) / 2 ) / 3247.372*365
=95.8325 / 3247.372*365
=10.77

BW LPG'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
=( (93.922 + 203.838) / 2 ) / 598.95*365 / 4
=148.88 / 598.95*365 / 4
=22.68

* 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 22.68 mean?
BW LPG (BWLP) has a Days Payable of 22.68 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 BW LPG and its competitors. This is 67% above median its historical median of 13.55. Over the past decade, BW LPG's Days Payable has ranged from 3.97 to 28.31. According to the industry distribution chart, BW LPG ranks #690 out of 849 companies in the Oil & Gas industry, placing it in the top 81.3%.
Is BW LPG's Days Payable too high?
BW LPG's current Days Payable of 22.68 is 67% above median its 10-year median of 13.55. Over the past 10 years, this metric has ranged from a low of 3.97 to a high of 28.31. The Oil & Gas industry median Days Payable is 57.95. BW LPG's value of 22.68 is 60.9% below this industry median. Based on the distribution chart, BW LPG ranks #690 out of 849 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, BW LPG has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BW LPG's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, BW LPG ranks #690 out of 849 companies for Days Payable. This places BW LPG in the lower half of its industry. The industry median Days Payable is 57.95. BW LPG's value of 22.68 is 60.9% below this benchmark. Historically, BW LPG's own Days Payable has ranged from 3.97 to 28.31 over the past decade. While the company's 10-year median is 13.55 vs. the industry median of 57.95, BW LPG 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 849 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. BW LPG's current Days Payable of 22.68 is 60.9% 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 BW LPG 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. BW LPG's current Days Payable is 22.68, which is 67% above median its own 10-year median of 13.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BW LPG stock overvalued right now?
Based on GuruFocus' analysis, BW LPG (BWLP) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.10, compared to a current price of $18.42 — trading 65.9% above its estimated fair value. The current Days Payable is 22.68, which is 67% above median its 10-year median of 13.55 and 60.9% below the Oil & Gas industry median of 57.95. BW LPG's overall GF Score™ is 77/100 with 6 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 BW LPG (BWLP), the current Days Payable is 22.68 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 BW LPG (BWLP) Overvalued in 2026?

Based on GuruFocus' analysis, BW LPG stock appears to be overvalued. The current stock price of $18.42 is trading 65.9% above its estimated GF Value™ of $11.10. GuruFocus considers BW LPG to be Significantly Overvalued.

Key valuation signals for BWLP:

  • Days Payable: 22.68 (67% above median its 10-year median of 13.55)
  • GF Value™: $11.10 vs. price of $18.42 (65.9% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 60.9% below the Oil & Gas median (#690 of 849)

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


BW LPG Business Description

Industry EnergyOil & Gas
Address c/o BW LPG Holding Pte Ltd, 10 Pasir Panjang Road, No. 17-02 Mapletree Business City, Singapore, SGP, 117438
BW LPG Ltd is an owner and operator of very large gas carriers. It operates in two segments: the Shipping segment, which includes LPG shipping and the Product Services segment, which includes the core shipping business. The Product Services segment derives the majority of the revenue.
77GF Score

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

$18.42
Price
$11.10
GF Value