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Energy Transfer LPET -0.09%84 Days Payable is 42.97 as of Jun. 2026, which is 9% above its 10-year median of 39.48. GuruFocus rates ET with a GF Score™ of 84/100 and a GF Value™ of $22.67 (Fairly Valued). The stock has 9 warning signs investors should review. Among 857 Oil & Gas companies, Energy Transfer LP ranks worse than 62.66% on this metric.
The historical rank and industry rank for Energy Transfer LP's Days Payable or its related term are showing as below:
ET'
s Days Payable Range Over the Past 10 Years
Min: 32.34 Med: 39.48 Max: 46.89
Current: 42.35
During the past 13 years, Energy Transfer LP's highest Days Payable was 46.89. The lowest was 32.34. And the median was 39.48.
ET's Days Payable is ranked worse than 62.66% of 857
companies
in the Oil & Gas industry
Industry Median: 58.96
vs ET: 42.35
Energy Transfer LP's Days Payable
declined
from Jun. 2025 (49.12) to Jun. 2026 (42.97).
It may suggest that Energy Transfer LPaccelerated paying its suppliers.
The historical data trend for Energy Transfer LP'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.
For the Oil & Gas Midstream subindustry, Energy Transfer LP'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.
Energy Transfer LP Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy Transfer LP's Days Payable distribution charts can be found below:
* The bar in red indicates where Energy Transfer LP's Days Payable falls into.
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.
Energy Transfer LP's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Energy Transfer LP (ET) has a Days Payable of 42.97 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 Energy Transfer LP and its competitors. This is near median its historical median of 39.48. Over the past decade, Energy Transfer LP's Days Payable has ranged from 32.34 to 46.89. According to the industry distribution chart, Energy Transfer LP ranks #537 out of 857 companies in the Oil & Gas industry, placing it in the top 62.7%.
Is Energy Transfer LP's Days Payable too high?
Energy Transfer LP's current Days Payable of 42.97 is near median its 10-year median of 39.48. Over the past 10 years, this metric has ranged from a low of 32.34 to a high of 46.89. The Oil & Gas industry median Days Payable is 58.96. Energy Transfer LP's value of 42.97 is 27.1% below this industry median. Based on the distribution chart, Energy Transfer LP ranks #537 out of 857 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Energy Transfer LP has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Energy Transfer LP's Days Payable compare to KMI and TRGP?
According to the Oil & Gas industry distribution chart, Energy Transfer LP ranks #537 out of 857 companies for Days Payable. This places Energy Transfer LP in the lower half of its industry. The industry median Days Payable is 58.96. Energy Transfer LP's value of 42.97 is 27.1% below this benchmark. Historically, Energy Transfer LP's own Days Payable has ranged from 32.34 to 46.89 over the past decade. While the company's 10-year median is 39.48 vs. the industry median of 58.96, Energy Transfer LP 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 58.96, based on 857 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. Energy Transfer LP's current Days Payable of 42.97 is 27.1% 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 Energy Transfer LP and its competitors. For the Oil & Gas industry, the median Days Payable is 58.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Transfer LP's current Days Payable is 42.97, which is near median its own 10-year median of 39.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Transfer LP stock overvalued right now?
Based on GuruFocus' analysis, Energy Transfer LP (ET) is currently considered Fairly Valued. The stock's GF Value™ is $22.67, compared to a current price of $21.19 — trading 6.5% below its estimated fair value. The current Days Payable is 42.97, which is near median its 10-year median of 39.48 and 27.1% below the Oil & Gas industry median of 58.96. Energy Transfer LP's overall GF Score™ is 84/100 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 Energy Transfer LP (ET), the current Days Payable is 42.97 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 Energy Transfer LP (ET) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Transfer LP stock appears to be undervalued.
The current stock price of $21.19 is trading 6.5% below its estimated GF Value™ of $22.67.
GuruFocus considers Energy Transfer LP to be Fairly Valued.
Key valuation signals for ET:
Days Payable: 42.97 (near median its 10-year median of 39.48)
GF Value™: $22.67 vs. price of $21.19 (6.5% below fair value)
Industry Position: 27.1% below the Oil & Gas median (#537 of 857)
No single metric tells the full story. See the ET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Energy Transfer is a diversified midstream firm operating from wellhead to consuming demand. It handles natural gas, natural gas liquids, crude oil, and refined products. Commodities are moved through its network of field-level gathering and processing to refineries and demand centers. Operations are concentrated in Texas and the midcontinent United States. It also controls Sunoco and USA Compression through its general partner relationship.
84GF Score
Get the complete analysis for ET
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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