Exmar NV (CHIX:EXMB) Days Payable: 70.41 (As of Dec. 2025) — 13% Below Median


CHIX:EXMB Exmar NV CHIX:EXMB
61 GF Score
Price €11.52
GF Value €7.03
! 9 Warning Signs
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What is Exmar NV Days Payable?

Exmar NV CHIX:EXMB 61 Days Payable is 70.41 as of Dec. 2025, which is 13% below its 10-year median of 80.89. GuruFocus rates CHIX:EXMB with a GF Score™ of 61/100 and a GF Value™ of €7.03. The stock has 9 warning signs investors should review. Among 849 Oil & Gas companies, Exmar NV ranks better than 64.78% on this metric.

Exmar NV's average Accounts Payable for the six months ended in Dec. 2025 was €32.6 Mil. Exmar NV's Cost of Goods Sold for the six months ended in Dec. 2025 was €84.5 Mil. Hence, Exmar NV's Days Payable for the six months ended in Dec. 2025 was 70.41.

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

CHIX:EXMb' s Days Payable Range Over the Past 10 Years
Min: 36.57   Med: 80.89   Max: 138.74
Current: 92.24

During the past 13 years, Exmar NV's highest Days Payable was 138.74. The lowest was 36.57. And the median was 80.89.

CHIX:EXMb's Days Payable is ranked better than
64.78% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs CHIX:EXMb: 92.24

Exmar NV's Days Payable declined from Dec. 2024 (132.64) to Dec. 2025 (70.41). It may suggest that Exmar NV accelerated paying its suppliers.


Exmar NV Days Payable Historical Data

* Premium members only.

The historical data trend for Exmar NV'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.

Exmar NV Days Payable Chart

Exmar NV 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 78.11 83.31 36.57 58.48 73.13

Exmar NV 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 45.37 152.40 132.64 154.84 70.41

CHIX:EXMB vs SLB, BKR, HAL: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Exmar NV'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.


Exmar NV Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Exmar NV's Days Payable falls into.


CHIX:EXMB
61GF Score
Exmar NV CHIX:EXMB
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Exmar NV 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.

Exmar NV'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
=( (37.186 + 16.635) / 2 ) / 134.314*365
=26.9105 / 134.314*365
=73.13

Exmar NV'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
=( (48.586 + 16.635) / 2 ) / 84.526*365 / 2
=32.6105 / 84.526*365 / 2
=70.41

* 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 70.41 mean?
Exmar NV (CHIX:EXMB) has a Days Payable of 70.41 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 Exmar NV and its competitors. This is 13% below median its historical median of 80.89. Over the past decade, Exmar NV's Days Payable has ranged from 36.57 to 138.74. According to the industry distribution chart, Exmar NV ranks #299 out of 849 companies in the Oil & Gas industry, placing it in the top 35.2%.
Is Exmar NV's Days Payable too high?
Exmar NV's current Days Payable of 70.41 is 13% below median its 10-year median of 80.89. Over the past 10 years, this metric has ranged from a low of 36.57 to a high of 138.74. The Oil & Gas industry median Days Payable is 57.95. Exmar NV's value of 70.41 is 21.5% above this industry median. Based on the distribution chart, Exmar NV ranks #299 out of 849 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Exmar NV has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Exmar NV's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Exmar NV ranks #299 out of 849 companies for Days Payable. This puts Exmar NV in the upper half of its industry. The industry median Days Payable is 57.95. Exmar NV's value of 70.41 is 21.5% above this benchmark. Historically, Exmar NV's own Days Payable has ranged from 36.57 to 138.74 over the past decade. While the company's 10-year median is 80.89 vs. the industry median of 57.95, Exmar NV 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. Exmar NV's current Days Payable of 70.41 is 21.5% 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 Exmar NV 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. Exmar NV's current Days Payable is 70.41, which is 13% below median its own 10-year median of 80.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exmar NV stock overvalued right now?
Exmar NV (CHIX:EXMB) has a current Days Payable of 70.41. The stock's GF Value™ is €7.03, compared to a current price of €11.52 — trading 63.9% above its estimated fair value. The current Days Payable is 70.41, which is 13% below median its 10-year median of 80.89 and 21.5% above the Oil & Gas industry median of 57.95. Exmar NV's overall GF Score™ is 61/100 with 9 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 Exmar NV (CHIX:EXMB), the current Days Payable is 70.41 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 Exmar NV (CHIX:EXMB) Overvalued in 2026?

Based on GuruFocus' analysis, Exmar NV stock appears to be overvalued. The current stock price of €11.52 is trading 63.9% above its estimated GF Value™ of €7.03.

Key valuation signals for CHIX:EXMB:

  • Days Payable: 70.41 (13% below median its 10-year median of 80.89)
  • GF Value™: €7.03 vs. price of €11.52 (63.9% above fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 21.5% above the Oil & Gas median (#299 of 849)

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


Exmar NV Business Description

Industry EnergyOil & Gas
Address De Gerlachekaai 20, Antwerpen, BEL, 2000
Exmar NV is a liquefied natural gas (LNG) and liquefied petroleum gas (LPG) carrier. It provides industrial marine and energy logistical solutions for transport, regasification and liquefaction within the oil and gas industry. The company has three reportable segments: Shipping, Infrastructure, and Supporting Services. The activities in the shipping segment include the transportation of liquefied gas products such as Liquid Petroleum Gas, anhydrous ammonia, and petrochemical gases. The infrastructure segment includes LNG infrastructure and Offshore, and the segment supporting services include specialized supporting services such as ship management services and travel agency services. The majority of the revenue is generated from the Shipping segment.
61GF Score

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

€11.52
Price
€7.03
GF Value