The historical rank and industry rank for Summit Midstream's Days Payable or its related term are showing as below:
FRA:D27'
s Days Payable Range Over the Past 10 Years
Min: 14.84 Med: 26.32 Max: 44.31
Current: 27.56
During the past 13 years, Summit Midstream's highest Days Payable was 44.31. The lowest was 14.84. And the median was 26.32.
FRA:D27's Days Payable is ranked worse than 79.39% of 854
companies
in the Oil & Gas industry
Industry Median: 57.145
vs FRA:D27: 27.56
Summit Midstream's Days Payable
declined
from Mar. 2025 (27.10) to Mar. 2026 (25.74).
It may suggest that Summit Midstreamaccelerated paying its suppliers.
Summit Midstream Days Payable Related Terms
Summit Midstream Days Payable Historical Data
* Premium members only.
The historical data trend for Summit 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.
FRA:D27 vs KNOP, IMPP, NFE: Days Payable Comparison
For the Oil & Gas Midstream subindustry, Summit 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.
Summit Midstream Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Summit Midstream's Days Payable distribution charts can be found below:
* The bar in red indicates where Summit Midstream'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.
Summit Midstream'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.
Summit Midstream (FRA:D27) has a Days Payable of 25.74 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 Summit Midstream and its competitors. This is near median its historical median of 26.32. Over the past decade, Summit Midstream's Days Payable has ranged from 14.84 to 44.31. According to the industry distribution chart, Summit Midstream ranks #678 out of 854 companies in the Oil & Gas industry, placing it in the top 79.4%.
Is Summit Midstream's Days Payable too high?
Summit Midstream's current Days Payable of 25.74 is near median its 10-year median of 26.32. Over the past 10 years, this metric has ranged from a low of 14.84 to a high of 44.31. The Oil & Gas industry median Days Payable is 57.15. Summit Midstream's value of 25.74 is 55% below this industry median. Based on the distribution chart, Summit Midstream ranks #678 out of 854 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Summit Midstream has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Summit Midstream's Days Payable compare to KNOP and IMPP?
According to the Oil & Gas industry distribution chart, Summit Midstream ranks #678 out of 854 companies for Days Payable. This places Summit Midstream in the lower half of its industry. The industry median Days Payable is 57.15. Summit Midstream's value of 25.74 is 55% below this benchmark. Historically, Summit Midstream's own Days Payable has ranged from 14.84 to 44.31 over the past decade. While the company's 10-year median is 26.32 vs. the industry median of 57.15, Summit Midstream 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 57.15, based on 854 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. Summit Midstream's current Days Payable of 25.74 is 55% 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 Summit Midstream and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Midstream's current Days Payable is 25.74, which is near median its own 10-year median of 26.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Midstream stock overvalued right now?
Summit Midstream (FRA:D27) has a current Days Payable of 25.74. The stock's GF Value™ is €25.03, compared to a current price of €25.15 — trading 0.5% above its estimated fair value. The current Days Payable is 25.74, which is near median its 10-year median of 26.32 and 55% below the Oil & Gas industry median of 57.15. Summit Midstream's overall GF Score™ is 64/100 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 Summit Midstream (FRA:D27), the current Days Payable is 25.74 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 Summit Midstream (FRA:D27) Overvalued in 2026?
Based on GuruFocus' analysis, Summit Midstream stock appears to be overvalued.
The current stock price of €25.15 is trading 0.5% above its estimated GF Value™ of €25.03.
Key valuation signals for FRA:D27:
Days Payable: 25.74 (near median its 10-year median of 26.32)
GF Value™: €25.03 vs. price of €25.15 (0.5% above fair value)
Industry Position: 55% below the Oil & Gas median (#678 of 854)
No single metric tells the full story. See the FRA:D27 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Summit Midstream Corp is a value-driven corporation focused on developing, owning and operating midstream energy infrastructure assets strategically located in unconventional resource basins, shale formations, in the continental U.S. It currently operates natural gas, crude oil and produced water gathering systems in various unconventional resource basins including the Williston Basin, DJ Basin, Barnett Shale, Piceance Basin, Permian Basin, and the Arkoma Basin. The company's reportable segments are: Rockies, Permian, Mid-Con, Piceance, and Northeast. Maximum revenue is generated from the Mid-Con segment. Summit generates revenue mainly from natural gas, NGLs, and condensate sales, and the provision of gathering and related services.
64GF Score
Get the complete analysis for FRA:D27
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:D27 has been successfully added to your 
