Petro Matad (FRA:HA3) Days Payable: 269.56 (As of Dec. 2025) — 69% Below Median


What is Petro Matad Days Payable?

Petro Matad FRA:HA3 Days Payable is 269.56 as of Dec. 2025, which is 69% below its 10-year median of 883.22. The stock has 2 warning signs investors should review. Among 851 Oil & Gas companies, Petro Matad ranks better than 87.31% on this metric.

Petro Matad's average Accounts Payable for the six months ended in Dec. 2025 was €1.58 Mil. Petro Matad's Cost of Goods Sold for the six months ended in Dec. 2025 was €1.07 Mil. Hence, Petro Matad's Days Payable for the six months ended in Dec. 2025 was 269.56.

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

FRA:HA3' s Days Payable Range Over the Past 10 Years
Min: 249.36   Med: 883.22   Max: 3851.66
Current: 250.08

During the past 13 years, Petro Matad's highest Days Payable was 3851.66. The lowest was 249.36. And the median was 883.22.

FRA:HA3's Days Payable is ranked better than
87.31% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs FRA:HA3: 250.08

Petro Matad's Days Payable increased from Dec. 2024 (209.55) to Dec. 2025 (269.56). It may suggest that Petro Matad delayed paying its suppliers.


Petro Matad Days Payable Historical Data

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The historical data trend for Petro Matad'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.

Petro Matad Days Payable Chart

Petro Matad 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 715.17 981.10 785.59 372.53 253.87

Petro Matad 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 600.48 524.22 209.55 232.15 269.56

FRA:HA3 vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Petro Matad'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.


Petro Matad Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Petro Matad's Days Payable falls into.



Petro Matad 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.

Petro Matad'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
=( (0.918 + 1.796) / 2 ) / 1.951*365
=1.357 / 1.951*365
=253.87

Petro Matad'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
=( (1.359 + 1.796) / 2 ) / 1.068*365 / 2
=1.5775 / 1.068*365 / 2
=269.56

* 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 269.56 mean?
Petro Matad (FRA:HA3) has a Days Payable of 269.56 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 Petro Matad and its competitors. This is 69% below median its historical median of 883.22. Over the past decade, Petro Matad's Days Payable has ranged from 249.36 to 3,851.66. According to the industry distribution chart, Petro Matad ranks #108 out of 851 companies in the Oil & Gas industry, placing it in the top 12.7%.
Is Petro Matad's Days Payable too high?
Petro Matad's current Days Payable of 269.56 is 69% below median its 10-year median of 883.22. Over the past 10 years, this metric has ranged from a low of 249.36 to a high of 3,851.66. The Oil & Gas industry median Days Payable is 57.95. Petro Matad's value of 269.56 is 365.2% above this industry median. Based on the distribution chart, Petro Matad ranks #108 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Petro Matad's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Petro Matad ranks #108 out of 851 companies for Days Payable. This places Petro Matad in the top 13% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Petro Matad's value of 269.56 is 365.2% above this benchmark. Historically, Petro Matad's own Days Payable has ranged from 249.36 to 3,851.66 over the past decade. While the company's 10-year median is 883.22 vs. the industry median of 57.95, Petro Matad 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 57.95, 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. Petro Matad's current Days Payable of 269.56 is 365.2% 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 Petro Matad and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petro Matad's current Days Payable is 269.56, which is 69% below median its own 10-year median of 883.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petro Matad stock overvalued right now?
Petro Matad (FRA:HA3) has a current Days Payable of 269.56. The current Days Payable is 269.56, which is 69% below median its 10-year median of 883.22 and 365.2% above the Oil & Gas industry median of 57.95. 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 Petro Matad (FRA:HA3), the current Days Payable is 269.56 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.

Petro Matad Business Description

Industry EnergyOil & Gas
Other Exchanges PRTDF:USAMATD:UK
Address Victory House, Prospect Hill, Douglas, IMN, IM1 1EQ
Petro Matad Ltd is engaged in the exploration, development, and production of oil reserves in Mongolia. The company's only geographical segment includes Mongolia.