Fluxys Belgium (FRA:59FE) Days Payable: 72.77 (As of Dec. 2025) — 80% Above 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.

FRA:59FE Fluxys Belgium SA FRA:59FE
67 GF Score
Price €19.50
GF Value €16.65
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Fluxys Belgium Days Payable?

Fluxys Belgium FRA:59FE 67 Days Payable is 72.77 as of Dec. 2025, which is 80% above its 10-year median of 40.38. GuruFocus rates FRA:59FE with a GF Score™ of 67/100 and a GF Value™ of €16.65 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 851 Oil & Gas companies, Fluxys Belgium ranks better than 50.88% on this metric.

Fluxys Belgium's average Accounts Payable for the six months ended in Dec. 2025 was €97.4 Mil. Fluxys Belgium's Cost of Goods Sold for the six months ended in Dec. 2025 was €244.2 Mil. Hence, Fluxys Belgium's Days Payable for the six months ended in Dec. 2025 was 72.77.

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

FRA:59FE' s Days Payable Range Over the Past 10 Years
Min: 19.25   Med: 40.38   Max: 60.67
Current: 60.67

During the past 13 years, Fluxys Belgium's highest Days Payable was 60.67. The lowest was 19.25. And the median was 40.38.

FRA:59FE's Days Payable is ranked better than
50.88% of 851 companies
in the Oil & Gas industry
Industry Median: 57.16 vs FRA:59FE: 60.67

Fluxys Belgium's Days Payable increased from Dec. 2024 (69.65) to Dec. 2025 (72.77). It may suggest that Fluxys Belgium delayed paying its suppliers.


Fluxys Belgium Days Payable Historical Data

* Premium members only.

The historical data trend for Fluxys Belgium'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.

Fluxys Belgium Days Payable Chart

Fluxys Belgium 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 34.02 19.25 40.86 43.61 36.78

Fluxys Belgium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 71.51 71.49 69.65 72.46 72.77

FRA:59FE vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Fluxys Belgium'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.


Fluxys Belgium Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Fluxys Belgium's Days Payable falls into.


FRA:59FE
67GF Score
Fluxys Belgium SA FRA:59FE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fluxys Belgium 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.

Fluxys Belgium'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
=( (50.936 + 48.36) / 2 ) / 492.696*365
=49.648 / 492.696*365
=36.78

Fluxys Belgium's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (146.39 + 48.36) / 2 ) / 244.215*365 / 2
=97.375 / 244.215*365 / 2
=72.77

* 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 72.77 mean?
Fluxys Belgium (FRA:59FE) has a Days Payable of 72.77 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Fluxys Belgium and its competitors. This is 80% above median its historical median of 40.38. Over the past decade, Fluxys Belgium's Days Payable has ranged from 19.25 to 60.67. According to the industry distribution chart, Fluxys Belgium ranks #418 out of 851 companies in the Oil & Gas industry, placing it in the top 49.1%.
Is Fluxys Belgium's Days Payable too high?
Fluxys Belgium's current Days Payable of 72.77 is 80% above median its 10-year median of 40.38. Over the past 10 years, this metric has ranged from a low of 19.25 to a high of 60.67. The Oil & Gas industry median Days Payable is 57.16. Fluxys Belgium's value of 72.77 is 27.3% above this industry median. Based on the distribution chart, Fluxys Belgium ranks #418 out of 851 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Fluxys Belgium has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fluxys Belgium's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Fluxys Belgium ranks #418 out of 851 companies for Days Payable. This puts Fluxys Belgium in the upper half of its industry. The industry median Days Payable is 57.16. Fluxys Belgium's value of 72.77 is 27.3% above this benchmark. Historically, Fluxys Belgium's own Days Payable has ranged from 19.25 to 60.67 over the past decade. While the company's 10-year median is 40.38 vs. the industry median of 57.16, Fluxys Belgium 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 57.16, 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. Fluxys Belgium's current Days Payable of 72.77 is 27.3% 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 Fluxys Belgium and its competitors. For the Oil & Gas industry, the median Days Payable is 57.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fluxys Belgium's current Days Payable is 72.77, which is 80% above median its own 10-year median of 40.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluxys Belgium stock overvalued right now?
Based on GuruFocus' analysis, Fluxys Belgium (FRA:59FE) is currently considered Modestly Overvalued. The stock's GF Value™ is €16.65, compared to a current price of €19.50 — trading 17.1% above its estimated fair value. The current Days Payable is 72.77, which is 80% above median its 10-year median of 40.38 and 27.3% above the Oil & Gas industry median of 57.16. Fluxys Belgium's overall GF Score™ is 67/100 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 Fluxys Belgium (FRA:59FE), the current Days Payable is 72.77 as of Dec. 2025. 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 Fluxys Belgium (FRA:59FE) Overvalued in 2026?

Based on GuruFocus' analysis, Fluxys Belgium stock appears to be overvalued. The current stock price of €19.50 is trading 17.1% above its estimated GF Value™ of €16.65. GuruFocus considers Fluxys Belgium to be Modestly Overvalued.

Key valuation signals for FRA:59FE:

  • Days Payable: 72.77 (80% above median its 10-year median of 40.38)
  • GF Value™: €16.65 vs. price of €19.50 (17.1% above fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 27.3% above the Oil & Gas median (#418 of 851)

No single metric tells the full story. See the FRA:59FE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fluxys Belgium Business Description

Industry EnergyOil & Gas
Other Exchanges 0Q7U:UKFLUX:Belgium
Address Avenue des Arts 31, Brussels, BEL, B-1040
Fluxys Belgium SA is the transmission and storage of natural gas as well as terminalling services for liquefied natural gas (LNG) in Belgium. It also provides complementary services related to these main activities. Its operating segment includes transmission, storage, LNG terminalling activities in Belgium and other activities. Transmission activities comprise all operations subject to the Gas Act related to transmission of gas and hydrogen in Belgium. Storage activities comprise all operations subject to the Gas Act related to storage of gas at Loenhout in Belgium. Terminalling activities comprise all activities subject to the Gas Act related to the LNG terminal at Zeebrugge in Belgium. Key revenue is generated from Transmission segment.
67GF Score

Get the complete analysis for FRA:59FE

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

€19.50
Price
€16.65
GF Value