DTM (DT Midstream) Days Payable: 85.21 (As of Jun. 2026) — 43% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DTM DT Midstream Inc DTM
81 GF Score
Price $134.18
GF Value $125.03
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is DT Midstream Days Payable?

DT Midstream DTM +2.08% 81 Days Payable is 85.21 as of Jun. 2026, which is 43% below its 10-year median of 149.32. GuruFocus rates DTM with a GF Score™ of 81/100 and a GF Value™ of $125.03 (Fairly Valued). The stock has 5 warning signs investors should review. Among 859 Oil & Gas companies, DT Midstream ranks better than 67.87% on this metric.

DT Midstream's average Accounts Payable for the three months ended in Jun. 2026 was $64 Mil. DT Midstream's Cost of Goods Sold for the three months ended in Jun. 2026 was $68 Mil. Hence, DT Midstream's Days Payable for the three months ended in Jun. 2026 was 85.21.

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

DTM' s Days Payable Range Over the Past 10 Years
Min: 67.06   Med: 149.32   Max: 213.59
Current: 100.95

During the past 8 years, DT Midstream's highest Days Payable was 213.59. The lowest was 67.06. And the median was 149.32.

DTM's Days Payable is ranked better than
67.87% of 859 companies
in the Oil & Gas industry
Industry Median: 58.49 vs DTM: 100.95

DT Midstream's Days Payable declined from Jun. 2025 (109.36) to Jun. 2026 (85.21). It may suggest that DT Midstream accelerated paying its suppliers.


DT Midstream Days Payable Historical Data

* Premium members only.

The historical data trend for DT Midstream'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.

DT Midstream Days Payable Chart

DT Midstream Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 67.06 151.37 213.59 149.32 100.45

DT Midstream Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 109.36 126.35 109.64 80.67 85.21

DTM vs PAA, AM, WES: Days Payable Comparison

For the Oil & Gas Midstream subindustry, DT Midstream'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.


DT Midstream Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where DT Midstream's Days Payable falls into.


DTM
81GF Score
DT Midstream Inc DTM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DT Midstream 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.

DT Midstream'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
=( (77 + 65) / 2 ) / 258*365
=71 / 258*365
=100.45

DT Midstream's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (57 + 70) / 2 ) / 68*365 / 4
=63.5 / 68*365 / 4
=85.21

* 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 85.21 mean?
DT Midstream (DTM) has a Days Payable of 85.21 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on DT Midstream and its competitors. This is 43% below median its historical median of 149.32. Over the past decade, DT Midstream's Days Payable has ranged from 67.06 to 213.59. According to the industry distribution chart, DT Midstream ranks #276 out of 859 companies in the Oil & Gas industry, placing it in the top 32.1%.
Is DT Midstream's Days Payable too high?
DT Midstream's current Days Payable of 85.21 is 43% below median its 10-year median of 149.32. Over the past 10 years, this metric has ranged from a low of 67.06 to a high of 213.59. The Oil & Gas industry median Days Payable is 58.49. DT Midstream's value of 85.21 is 45.7% above this industry median. Based on the distribution chart, DT Midstream ranks #276 out of 859 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, DT Midstream has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DT Midstream's Days Payable compare to PAA and AM?
According to the Oil & Gas industry distribution chart, DT Midstream ranks #276 out of 859 companies for Days Payable. This puts DT Midstream in the upper half of its industry. The industry median Days Payable is 58.49. DT Midstream's value of 85.21 is 45.7% above this benchmark. Historically, DT Midstream's own Days Payable has ranged from 67.06 to 213.59 over the past decade. While the company's 10-year median is 149.32 vs. the industry median of 58.49, DT Midstream 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 58.49, based on 859 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. DT Midstream's current Days Payable of 85.21 is 45.7% 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 DT Midstream and its competitors. For the Oil & Gas industry, the median Days Payable is 58.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DT Midstream's current Days Payable is 85.21, which is 43% below median its own 10-year median of 149.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DT Midstream stock overvalued right now?
Based on GuruFocus' analysis, DT Midstream (DTM) is currently considered Fairly Valued. The stock's GF Value™ is $125.03, compared to a current price of $134.18 — trading 7.3% above its estimated fair value. The current Days Payable is 85.21, which is 43% below median its 10-year median of 149.32 and 45.7% above the Oil & Gas industry median of 58.49. DT Midstream's overall GF Score™ is 81/100 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 DT Midstream (DTM), the current Days Payable is 85.21 as of Jun. 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 DT Midstream (DTM) Overvalued in 2026?

Based on GuruFocus' analysis, DT Midstream stock appears to be overvalued. The current stock price of $134.18 is trading 7.3% above its estimated GF Value™ of $125.03. GuruFocus considers DT Midstream to be Fairly Valued.

Key valuation signals for DTM:

  • Days Payable: 85.21 (43% below median its 10-year median of 149.32)
  • GF Value™: $125.03 vs. price of $134.18 (7.3% above fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 45.7% above the Oil & Gas median (#276 of 859)

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


DT Midstream Business Description

Industry EnergyOil & Gas
Address 500 Woodward Avenue, Suite 2900, Detroit, MI, USA, 48226-1279
DT Midstream Inc is an owner, operator, and developer of natural gas midstream interstate and intrastate pipelines; storage and gathering systems; and compression, treatment, and surface facilities. It provides multiple, integrated natural gas services to customers through interstate pipelines, intrastate pipelines, storage systems, lateral pipelines and related treatment plants and compression and surface facilities, and gathering systems and related treatment plants and compression and surface facilities. The segments of the group are Pipeline and Gathering. It generates maximum revenue from pipeline segment that includes interstate pipelines, storage systems, gathering lateral pipelines and compression and surface facilities.
81GF Score

Get the complete analysis for DTM

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

$134.18
Price
$125.03
GF Value