CMBT (CMB.Tech NV) Days Payable: 45.28 (As of Mar. 2026) — 205% Above Median


CMBT CMB.Tech NV CMBT
80 GF Score
Price $14.24
GF Value $17.77
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CMB.Tech NV Days Payable?

CMB.Tech NV CMBT -2.26% 80 Days Payable is 45.28 as of Mar. 2026, which is 205% above its 10-year median of 14.86. GuruFocus rates CMBT with a GF Score™ of 80/100 and a GF Value™ of $17.77 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 849 Oil & Gas companies, CMB.Tech NV ranks worse than 60.07% on this metric.

CMB.Tech NV's average Accounts Payable for the three months ended in Mar. 2026 was $169 Mil. CMB.Tech NV's Cost of Goods Sold for the three months ended in Mar. 2026 was $341 Mil. Hence, CMB.Tech NV's Days Payable for the three months ended in Mar. 2026 was 45.28.

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

CMBT' s Days Payable Range Over the Past 10 Years
Min: 10.05   Med: 14.86   Max: 44.54
Current: 44.54

During the past 13 years, CMB.Tech NV's highest Days Payable was 44.54. The lowest was 10.05. And the median was 14.86.

CMBT's Days Payable is ranked worse than
60.07% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs CMBT: 44.54

CMB.Tech NV's Days Payable declined from Mar. 2025 (63.18) to Mar. 2026 (45.28). It may suggest that CMB.Tech NV accelerated paying its suppliers.


CMB.Tech NV Days Payable Historical Data

* Premium members only.

The historical data trend for CMB.Tech 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.

CMB.Tech NV Days Payable Chart

CMB.Tech 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 13.99 14.93 20.34 21.59 15.76

CMB.Tech NV 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 63.18 42.11 36.81 33.22 45.28

CMBT vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, CMB.Tech 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.


CMB.Tech NV Days Payable vs Oil & Gas Industry

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

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


CMBT
80GF Score
CMB.Tech NV CMBT
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CMB.Tech 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.

CMB.Tech 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
=( (22.296 + 79.942) / 2 ) / 1183.921*365
=51.119 / 1183.921*365
=15.76

CMB.Tech NV'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
=( (79.942 + 258) / 2 ) / 340.504*365 / 4
=168.971 / 340.504*365 / 4
=45.28

* 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 45.28 mean?
CMB.Tech NV (CMBT) has a Days Payable of 45.28 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 CMB.Tech NV and its competitors. This is 205% above median its historical median of 14.86. Over the past decade, CMB.Tech NV's Days Payable has ranged from 10.05 to 44.54. According to the industry distribution chart, CMB.Tech NV ranks #510 out of 849 companies in the Oil & Gas industry, placing it in the top 60.1%.
Is CMB.Tech NV's Days Payable too high?
CMB.Tech NV's current Days Payable of 45.28 is 205% above median its 10-year median of 14.86. Over the past 10 years, this metric has ranged from a low of 10.05 to a high of 44.54. The Oil & Gas industry median Days Payable is 57.95. CMB.Tech NV's value of 45.28 is 21.9% below this industry median. Based on the distribution chart, CMB.Tech NV ranks #510 out of 849 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, CMB.Tech NV has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CMB.Tech NV's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, CMB.Tech NV ranks #510 out of 849 companies for Days Payable. This places CMB.Tech NV in the lower half of its industry. The industry median Days Payable is 57.95. CMB.Tech NV's value of 45.28 is 21.9% below this benchmark. Historically, CMB.Tech NV's own Days Payable has ranged from 10.05 to 44.54 over the past decade. While the company's 10-year median is 14.86 vs. the industry median of 57.95, CMB.Tech NV 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. CMB.Tech NV's current Days Payable of 45.28 is 21.9% 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 CMB.Tech 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. CMB.Tech NV's current Days Payable is 45.28, which is 205% above median its own 10-year median of 14.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMB.Tech NV stock overvalued right now?
Based on GuruFocus' analysis, CMB.Tech NV (CMBT) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.77, compared to a current price of $14.24 — trading 19.9% below its estimated fair value. The current Days Payable is 45.28, which is 205% above median its 10-year median of 14.86 and 21.9% below the Oil & Gas industry median of 57.95. CMB.Tech NV's overall GF Score™ is 80/100 with 8 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 CMB.Tech NV (CMBT), the current Days Payable is 45.28 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 CMB.Tech NV (CMBT) Overvalued in 2026?

Based on GuruFocus' analysis, CMB.Tech NV stock appears to be undervalued. The current stock price of $14.24 is trading 19.9% below its estimated GF Value™ of $17.77. GuruFocus considers CMB.Tech NV to be Modestly Undervalued.

Key valuation signals for CMBT:

  • Days Payable: 45.28 (205% above median its 10-year median of 14.86)
  • GF Value™: $17.77 vs. price of $14.24 (19.9% below fair value)
  • GF Score™: 80/100 with 8 warning signs
  • Industry Position: 21.9% below the Oil & Gas median (#510 of 849)

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


CMB.Tech NV Business Description

Industry EnergyOil & Gas
Address De Gerlachekaai 20, Antwerpen, BEL, 2000
CMB.Tech NV owns and operates a fleet of vessels for international maritime shipping and storage of crude oil and petroleum products. It generate a large parts of their revenue from voyage charters, including vessels in pools that predominantly perform voyage charters. The company organizes itself into three divisons: the Marine division, the H2 Infra division and the H2 Industry division. The Marine Division derives maximum revenue which builds, owns, operates and designs a wide range of low and zerocarbon ships and features a fleet with vessels such as Crew Transfer Vessels, ferries, Commissioning Service Operations Vessels, and tugboats, alongside ammonia-powered large bulk carriers, container ships, chemical and crude oil tankers.
80GF Score

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

$14.24
Price
$17.77
GF Value