Equinor ASA (FRA:DNQ) Days Payable: 47.57 (As of Mar. 2026) — 34% Above Median


FRA:DNQ Equinor ASA FRA:DNQ
80 GF Score
Price €27.43
GF Value €26.25
Valuation Fairly Valued
! 4 Warning Signs
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What is Equinor ASA Days Payable?

Equinor ASA FRA:DNQ +0.44% 80 Days Payable is 47.57 as of Mar. 2026, which is 34% above its 10-year median of 35.37. GuruFocus rates FRA:DNQ with a GF Score™ of 80/100 and a GF Value™ of €26.25 (Fairly Valued). The stock has 4 warning signs investors should review. Among 854 Oil & Gas companies, Equinor ASA ranks worse than 52.46% on this metric.

Equinor ASA's average Accounts Payable for the three months ended in Mar. 2026 was €6,983 Mil. Equinor ASA's Cost of Goods Sold for the three months ended in Mar. 2026 was €13,394 Mil. Hence, Equinor ASA's Days Payable for the three months ended in Mar. 2026 was 47.57.

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

FRA:DNQ' s Days Payable Range Over the Past 10 Years
Min: 21.39   Med: 35.37   Max: 68.41
Current: 53.84

During the past 13 years, Equinor ASA's highest Days Payable was 68.41. The lowest was 21.39. And the median was 35.37.

FRA:DNQ's Days Payable is ranked worse than
52.46% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs FRA:DNQ: 53.84

Equinor ASA's Days Payable increased from Mar. 2025 (44.89) to Mar. 2026 (47.57). It may suggest that Equinor ASA delayed paying its suppliers.


Equinor ASA Days Payable Historical Data

* Premium members only.

The historical data trend for Equinor 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.

Equinor ASA Days Payable Chart

Equinor 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 34.26 36.58 49.48 48.81 33.75

Equinor 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 44.89 60.76 55.74 42.51 47.57

FRA:DNQ vs XOM, CVX: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Equinor 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.


Equinor ASA Days Payable vs Oil & Gas Industry

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

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


FRA:DNQ
80GF Score
Equinor ASA FRA:DNQ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Equinor 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.

Equinor 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
=( (6530.29 + 4126.528) / 2 ) / 57629.628*365
=5328.409 / 57629.628*365
=33.75

Equinor 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
=( (4126.528 + 9838.51) / 2 ) / 13393.66*365 / 4
=6982.519 / 13393.66*365 / 4
=47.57

* 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 47.57 mean?
Equinor ASA (FRA:DNQ) has a Days Payable of 47.57 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 Equinor ASA and its competitors. This is 34% above median its historical median of 35.37. Over the past decade, Equinor ASA's Days Payable has ranged from 21.39 to 68.41. According to the industry distribution chart, Equinor ASA ranks #448 out of 854 companies in the Oil & Gas industry, placing it in the top 52.5%.
Is Equinor ASA's Days Payable too high?
Equinor ASA's current Days Payable of 47.57 is 34% above median its 10-year median of 35.37. Over the past 10 years, this metric has ranged from a low of 21.39 to a high of 68.41. The Oil & Gas industry median Days Payable is 57.15. Equinor ASA's value of 47.57 is 16.8% below this industry median. Based on the distribution chart, Equinor ASA ranks #448 out of 854 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Equinor ASA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equinor ASA's Days Payable compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Equinor ASA ranks #448 out of 854 companies for Days Payable. This places Equinor ASA in the lower half of its industry. The industry median Days Payable is 57.15. Equinor ASA's value of 47.57 is 16.8% below this benchmark. Historically, Equinor ASA's own Days Payable has ranged from 21.39 to 68.41 over the past decade. While the company's 10-year median is 35.37 vs. the industry median of 57.15, Equinor ASA 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. Equinor ASA's current Days Payable of 47.57 is 16.8% 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 Equinor ASA 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. Equinor ASA's current Days Payable is 47.57, which is 34% above median its own 10-year median of 35.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinor ASA stock overvalued right now?
Based on GuruFocus' analysis, Equinor ASA (FRA:DNQ) is currently considered Fairly Valued. The stock's GF Value™ is €26.25, compared to a current price of €27.43 — trading 4.5% above its estimated fair value. The current Days Payable is 47.57, which is 34% above median its 10-year median of 35.37 and 16.8% below the Oil & Gas industry median of 57.15. Equinor ASA's overall GF Score™ is 80/100 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 Equinor ASA (FRA:DNQ), the current Days Payable is 47.57 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 Equinor ASA (FRA:DNQ) Overvalued in 2026?

Based on GuruFocus' analysis, Equinor ASA stock appears to be overvalued. The current stock price of €27.43 is trading 4.5% above its estimated GF Value™ of €26.25. GuruFocus considers Equinor ASA to be Fairly Valued.

Key valuation signals for FRA:DNQ:

  • Days Payable: 47.57 (34% above median its 10-year median of 35.37)
  • GF Value™: €26.25 vs. price of €27.43 (4.5% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 16.8% below the Oil & Gas median (#448 of 854)

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


Equinor ASA Business Description

Industry EnergyOil & Gas
Address Forusbeen 50, Stavanger, NOR, NO-4035
Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.1 million barrels of oil equivalent per day in 2025 (50% liquids) and ended 2025 with 5.2 billion barrels of proven reserves (45% liquids). Operations also include oil refineries and natural gas processing, marketing, and trading. The renewables portfolio includes offshore and onshore wind and solar, with total power generation of 5.65 TWh in 2025.
80GF Score

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

€27.43
Price
€26.25
GF Value