Odfjell Drilling (CHIX:ODLO) Days Payable: 55.43 (As of Mar. 2026) — 33% Below Median


CHIX:ODLO Odfjell Drilling Ltd CHIX:ODLO
72 GF Score
Price kr84.20
GF Value kr71.66
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Odfjell Drilling Days Payable?

Odfjell Drilling CHIX:ODLO 72 Days Payable is 55.43 as of Mar. 2026, which is 33% below its 10-year median of 82.50. GuruFocus rates CHIX:ODLO with a GF Score™ of 72/100 and a GF Value™ of kr71.66 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, Odfjell Drilling ranks better than 55.35% on this metric.

Odfjell Drilling's average Accounts Payable for the three months ended in Mar. 2026 was kr313 Mil. Odfjell Drilling's Cost of Goods Sold for the three months ended in Mar. 2026 was kr516 Mil. Hence, Odfjell Drilling's Days Payable for the three months ended in Mar. 2026 was 55.43.

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

CHIX:ODLo' s Days Payable Range Over the Past 10 Years
Min: 31.14   Med: 82.5   Max: 680.69
Current: 69.19

During the past 13 years, Odfjell Drilling's highest Days Payable was 680.69. The lowest was 31.14. And the median was 82.50.

CHIX:ODLo's Days Payable is ranked better than
55.35% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs CHIX:ODLo: 69.19

Odfjell Drilling's Days Payable declined from Mar. 2025 (77.05) to Mar. 2026 (55.43). It may suggest that Odfjell Drilling accelerated paying its suppliers.


Odfjell Drilling Days Payable Historical Data

* Premium members only.

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling Days Payable Chart

Odfjell Drilling 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 113.62 79.88 680.69 76.25 67.53

Odfjell Drilling 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 77.05 82.41 75.48 59.97 55.43

CHIX:ODLO vs NE, RIG, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Odfjell Drilling'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.


Odfjell Drilling Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Odfjell Drilling's Days Payable falls into.


CHIX:ODLO
72GF Score
Odfjell Drilling Ltd CHIX:ODLO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Odfjell Drilling 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.

Odfjell Drilling'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
=( (398.324 + 278.95) / 2 ) / 1830.36*365
=338.637 / 1830.36*365
=67.53

Odfjell Drilling'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
=( (278.95 + 347.71) / 2 ) / 515.769*365 / 4
=313.33 / 515.769*365 / 4
=55.43

* 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 55.43 mean?
Odfjell Drilling (CHIX:ODLO) has a Days Payable of 55.43 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 Odfjell Drilling and its competitors. This is 33% below median its historical median of 82.50. Over the past decade, Odfjell Drilling's Days Payable has ranged from 31.14 to 680.69. According to the industry distribution chart, Odfjell Drilling ranks #380 out of 851 companies in the Oil & Gas industry, placing it in the top 44.7%.
Is Odfjell Drilling's Days Payable too high?
Odfjell Drilling's current Days Payable of 55.43 is 33% below median its 10-year median of 82.50. Over the past 10 years, this metric has ranged from a low of 31.14 to a high of 680.69. The Oil & Gas industry median Days Payable is 57.95. Odfjell Drilling's value of 55.43 is 4.3% below this industry median. Based on the distribution chart, Odfjell Drilling ranks #380 out of 851 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Odfjell Drilling has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's Days Payable compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Drilling ranks #380 out of 851 companies for Days Payable. This puts Odfjell Drilling in the upper half of its industry. The industry median Days Payable is 57.95. Odfjell Drilling's value of 55.43 is 4.3% below this benchmark. Historically, Odfjell Drilling's own Days Payable has ranged from 31.14 to 680.69 over the past decade. While the company's 10-year median is 82.50 vs. the industry median of 57.95, Odfjell Drilling 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 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. Odfjell Drilling's current Days Payable of 55.43 is 4.3% 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 Odfjell Drilling 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. Odfjell Drilling's current Days Payable is 55.43, which is 33% below median its own 10-year median of 82.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (CHIX:ODLO) is currently considered Modestly Overvalued. The stock's GF Value™ is kr71.66, compared to a current price of kr84.20 — trading 17.5% above its estimated fair value. The current Days Payable is 55.43, which is 33% below median its 10-year median of 82.50 and 4.3% below the Oil & Gas industry median of 57.95. Odfjell Drilling's overall GF Score™ is 72/100 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 Odfjell Drilling (CHIX:ODLO), the current Days Payable is 55.43 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 Odfjell Drilling (CHIX:ODLO) Overvalued in 2026?

Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued. The current stock price of kr84.20 is trading 17.5% above its estimated GF Value™ of kr71.66. GuruFocus considers Odfjell Drilling to be Modestly Overvalued.

Key valuation signals for CHIX:ODLO:

  • Days Payable: 55.43 (33% below median its 10-year median of 82.50)
  • GF Value™: kr71.66 vs. price of kr84.20 (17.5% above fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 4.3% below the Oil & Gas median (#380 of 851)

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


Odfjell Drilling Business Description

Industry EnergyOil & Gas
Address Lower Ground Floor, Prime View, Prime Four Business Park, Kingswells, Aberdeen, Scotland, GBR, AB15 8PU
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
72GF Score

Get the complete analysis for CHIX:ODLO

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

kr84.20
Price
kr71.66
GF Value