Afriquia Gaz (CAS:GAZ) Days Payable: 191.25 (As of Dec. 2025) — 23% Below Median


CAS:GAZ Afriquia Gaz CAS:GAZ
82 GF Score
Price MAD3,650.00
GF Value MAD4,371.79
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Afriquia Gaz Days Payable?

Afriquia Gaz CAS:GAZ -0.68% 82 Days Payable is 191.25 as of Dec. 2025, which is 23% below its 10-year median of 247.14. GuruFocus rates CAS:GAZ with a GF Score™ of 82/100 and a GF Value™ of MAD4,371.79 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 849 Oil & Gas companies, Afriquia Gaz ranks better than 82.92% on this metric.

Afriquia Gaz's average Accounts Payable for the six months ended in Dec. 2025 was MAD3,257 Mil. Afriquia Gaz's Cost of Goods Sold for the six months ended in Dec. 2025 was MAD3,108 Mil. Hence, Afriquia Gaz's Days Payable for the six months ended in Dec. 2025 was 191.25.

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

CAS:GAZ' s Days Payable Range Over the Past 10 Years
Min: 179.87   Med: 247.14   Max: 331.3
Current: 179.87

During the past 13 years, Afriquia Gaz's highest Days Payable was 331.30. The lowest was 179.87. And the median was 247.14.

CAS:GAZ's Days Payable is ranked better than
82.92% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs CAS:GAZ: 179.87

Afriquia Gaz's Days Payable declined from Dec. 2024 (197.46) to Dec. 2025 (191.25). It may suggest that Afriquia Gaz accelerated paying its suppliers.


Afriquia Gaz Days Payable Historical Data

* Premium members only.

The historical data trend for Afriquia Gaz'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.

Afriquia Gaz Days Payable Chart

Afriquia Gaz 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 234.38 219.27 237.83 202.23 183.98

Afriquia Gaz 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 248.52 193.48 197.46 166.69 191.25

CAS:GAZ vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Afriquia Gaz'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.


Afriquia Gaz Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Afriquia Gaz's Days Payable falls into.


CAS:GAZ
82GF Score
Afriquia Gaz CAS:GAZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Afriquia Gaz 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.

Afriquia Gaz'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
=( (3631.374 + 3287.459) / 2 ) / 6863.096*365
=3459.4165 / 6863.096*365
=183.98

Afriquia Gaz'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
=( (3227.477 + 3287.459) / 2 ) / 3108.492*365 / 2
=3257.468 / 3108.492*365 / 2
=191.25

* 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 191.25 mean?
Afriquia Gaz (CAS:GAZ) has a Days Payable of 191.25 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 Afriquia Gaz and its competitors. This is 23% below median its historical median of 247.14. Over the past decade, Afriquia Gaz's Days Payable has ranged from 179.87 to 331.30. According to the industry distribution chart, Afriquia Gaz ranks #145 out of 849 companies in the Oil & Gas industry, placing it in the top 17.1%.
Is Afriquia Gaz's Days Payable too high?
Afriquia Gaz's current Days Payable of 191.25 is 23% below median its 10-year median of 247.14. Over the past 10 years, this metric has ranged from a low of 179.87 to a high of 331.30. The Oil & Gas industry median Days Payable is 57.95. Afriquia Gaz's value of 191.25 is 230% above this industry median. Based on the distribution chart, Afriquia Gaz ranks #145 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Afriquia Gaz has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afriquia Gaz's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Afriquia Gaz ranks #145 out of 849 companies for Days Payable. This places Afriquia Gaz in the top 17% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Afriquia Gaz's value of 191.25 is 230% above this benchmark. Historically, Afriquia Gaz's own Days Payable has ranged from 179.87 to 331.30 over the past decade. While the company's 10-year median is 247.14 vs. the industry median of 57.95, Afriquia Gaz 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 57.95, 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. Afriquia Gaz's current Days Payable of 191.25 is 230% 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 Afriquia Gaz 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. Afriquia Gaz's current Days Payable is 191.25, which is 23% below median its own 10-year median of 247.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afriquia Gaz stock overvalued right now?
Based on GuruFocus' analysis, Afriquia Gaz (CAS:GAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD4,371.79, compared to a current price of MAD3,650.00 — trading 16.5% below its estimated fair value. The current Days Payable is 191.25, which is 23% below median its 10-year median of 247.14 and 230% above the Oil & Gas industry median of 57.95. Afriquia Gaz's overall GF Score™ is 82/100 with 5 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 Afriquia Gaz (CAS:GAZ), the current Days Payable is 191.25 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.

Is Afriquia Gaz (CAS:GAZ) Overvalued in 2026?

Based on GuruFocus' analysis, Afriquia Gaz stock appears to be undervalued. The current stock price of MAD3,650.00 is trading 16.5% below its estimated GF Value™ of MAD4,371.79. GuruFocus considers Afriquia Gaz to be Modestly Undervalued.

Key valuation signals for CAS:GAZ:

  • Days Payable: 191.25 (23% below median its 10-year median of 247.14)
  • GF Value™: MAD4,371.79 vs. price of MAD3,650.00 (16.5% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 230% above the Oil & Gas median (#145 of 849)

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


Afriquia Gaz Business Description

Industry EnergyOil & Gas
Address 139 Boulevard Moulay Ismail, Casablanca, MAR, 20700
Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.
82GF Score

Get the complete analysis for CAS:GAZ

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

MAD3,650.00
Price
MAD4,371.79
GF Value