DTNOF (DNO ASA) Days Payable: 62.40 (As of Mar. 2026) — 15% Above Median


DTNOF DNO ASA DTNOF
75 GF Score
Price $1.61
GF Value $3.21
Valuation Possible Value Trap
! 4 Warning Signs
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What is DNO ASA Days Payable?

DNO ASA DTNOF 75 Days Payable is 62.40 as of Mar. 2026, which is 15% above its 10-year median of 54.10. GuruFocus rates DTNOF with a GF Score™ of 75/100 and a GF Value™ of $3.21 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 852 Oil & Gas companies, DNO ASA ranks better than 59.62% on this metric.

DNO ASA's average Accounts Payable for the three months ended in Mar. 2026 was $206 Mil. DNO ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was $301 Mil. Hence, DNO ASA's Days Payable for the three months ended in Mar. 2026 was 62.40.

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

DTNOF' s Days Payable Range Over the Past 10 Years
Min: 6.01   Med: 54.1   Max: 114.65
Current: 78.37

During the past 13 years, DNO ASA's highest Days Payable was 114.65. The lowest was 6.01. And the median was 54.10.

DTNOF's Days Payable is ranked better than
59.62% of 852 companies
in the Oil & Gas industry
Industry Median: 57.84 vs DTNOF: 78.37

DNO ASA's Days Payable declined from Mar. 2025 (141.47) to Mar. 2026 (62.40). It may suggest that DNO ASA accelerated paying its suppliers.


DNO ASA Days Payable Historical Data

* Premium members only.

The historical data trend for DNO ASA'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.

DNO ASA Days Payable Chart

DNO ASA 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 69.07 69.16 71.74 116.57 75.34

DNO ASA 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 141.47 129.51 77.93 68.05 62.40

DTNOF vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, DNO ASA'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.


DNO ASA Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where DNO ASA's Days Payable falls into.


DTNOF
75GF Score
DNO ASA DTNOF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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DNO ASA 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.

DNO ASA'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
=( (188.2 + 173.1) / 2 ) / 875.2*365
=180.65 / 875.2*365
=75.34

DNO ASA'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
=( (173.1 + 237.9) / 2 ) / 300.5*365 / 4
=205.5 / 300.5*365 / 4
=62.40

* 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 62.40 mean?
DNO ASA (DTNOF) has a Days Payable of 62.40 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 DNO ASA and its competitors. This is 15% above median its historical median of 54.10. Over the past decade, DNO ASA's Days Payable has ranged from 6.01 to 114.65. According to the industry distribution chart, DNO ASA ranks #344 out of 852 companies in the Oil & Gas industry, placing it in the top 40.4%.
Is DNO ASA's Days Payable too high?
DNO ASA's current Days Payable of 62.40 is 15% above median its 10-year median of 54.10. Over the past 10 years, this metric has ranged from a low of 6.01 to a high of 114.65. The Oil & Gas industry median Days Payable is 57.84. DNO ASA's value of 62.40 is 7.9% above this industry median. Based on the distribution chart, DNO ASA ranks #344 out of 852 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, DNO ASA has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DNO ASA's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, DNO ASA ranks #344 out of 852 companies for Days Payable. This puts DNO ASA in the upper half of its industry. The industry median Days Payable is 57.84. DNO ASA's value of 62.40 is 7.9% above this benchmark. Historically, DNO ASA's own Days Payable has ranged from 6.01 to 114.65 over the past decade. While the company's 10-year median is 54.10 vs. the industry median of 57.84, DNO ASA 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 57.84, based on 852 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. DNO ASA's current Days Payable of 62.40 is 7.9% 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 DNO ASA and its competitors. For the Oil & Gas industry, the median Days Payable is 57.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DNO ASA's current Days Payable is 62.40, which is 15% above median its own 10-year median of 54.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DNO ASA stock overvalued right now?
Based on GuruFocus' analysis, DNO ASA (DTNOF) is currently considered Possible Value Trap. The stock's GF Value™ is $3.21, compared to a current price of $1.61 — trading 49.8% below its estimated fair value. The current Days Payable is 62.40, which is 15% above median its 10-year median of 54.10 and 7.9% above the Oil & Gas industry median of 57.84. DNO ASA's overall GF Score™ is 75/100 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 DNO ASA (DTNOF), the current Days Payable is 62.40 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 DNO ASA (DTNOF) Overvalued in 2026?

Based on GuruFocus' analysis, DNO ASA stock appears to be undervalued. The current stock price of $1.61 is trading 49.8% below its estimated GF Value™ of $3.21. GuruFocus considers DNO ASA to be Possible Value Trap.

Key valuation signals for DTNOF:

  • Days Payable: 62.40 (15% above median its 10-year median of 54.10)
  • GF Value™: $3.21 vs. price of $1.61 (49.8% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 7.9% above the Oil & Gas median (#344 of 852)

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


DNO ASA Business Description

Industry EnergyOil & Gas
Address Dokkveien 1, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. Its producing assets are located across the North Sea, which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, the sale of gas, and natural gas liquids.
75GF Score

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

$1.61
Price
$3.21
GF Value