TAG OilFRA:T0P Days Payable is 83.76 as of Mar. 2026, which is 77% below its 10-year median of 357.94. The stock has 1 warning sign investors should review. Among 851 Oil & Gas companies, TAG Oil ranks better than 78.97% on this metric.
TAG Oil's average Accounts Payable for the
three
months ended in Mar. 2026 was €0.30 Mil. TAG Oil's Cost of Goods Sold for the
three
months ended in Mar. 2026 was €0.33 Mil.
Hence, TAG Oil's Days Payable for the
three
months ended in Mar. 2026 was 83.76.
The historical rank and industry rank for TAG Oil's Days Payable or its related term are showing as below:
FRA:T0P'
s Days Payable Range Over the Past 10 Years
Min: 149.76 Med: 357.94 Max: 809.01
Current: 149.76
During the past 13 years, TAG Oil's highest Days Payable was 809.01. The lowest was 149.76. And the median was 357.94.
FRA:T0P's Days Payable is ranked better than 78.97% of 851
companies
in the Oil & Gas industry
Industry Median: 57.95
vs FRA:T0P: 149.76
TAG Oil's Days Payable
declined
from Mar. 2025 (373.72) to Mar. 2026 (83.76).
It may suggest that TAG Oilaccelerated paying its suppliers.
TAG Oil Days Payable Related Terms
TAG Oil Days Payable Historical Data
* Premium members only.
The historical data trend for TAG Oil'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:T0P vs COP, EOG, FANG: Days Payable Comparison
For the Oil & Gas E&P subindustry, TAG Oil'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.
TAG Oil Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TAG Oil's Days Payable distribution charts can be found below:
* The bar in red indicates where TAG Oil'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.
TAG Oil'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.
TAG Oil (FRA:T0P) has a Days Payable of 83.76 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 TAG Oil and its competitors. This is 77% below median its historical median of 357.94. Over the past decade, TAG Oil's Days Payable has ranged from 149.76 to 809.01. According to the industry distribution chart, TAG Oil ranks #179 out of 851 companies in the Oil & Gas industry, placing it in the top 21%.
Is TAG Oil's Days Payable too high?
TAG Oil's current Days Payable of 83.76 is 77% below median its 10-year median of 357.94. Over the past 10 years, this metric has ranged from a low of 149.76 to a high of 809.01. The Oil & Gas industry median Days Payable is 57.95. TAG Oil's value of 83.76 is 44.5% above this industry median. Based on the distribution chart, TAG Oil ranks #179 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does TAG Oil's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, TAG Oil ranks #179 out of 851 companies for Days Payable. This places TAG Oil in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. TAG Oil's value of 83.76 is 44.5% above this benchmark. Historically, TAG Oil's own Days Payable has ranged from 149.76 to 809.01 over the past decade. While the company's 10-year median is 357.94 vs. the industry median of 57.95, TAG Oil 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. TAG Oil's current Days Payable of 83.76 is 44.5% 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 TAG Oil 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. TAG Oil's current Days Payable is 83.76, which is 77% below median its own 10-year median of 357.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAG Oil stock overvalued right now?
Based on GuruFocus' analysis, TAG Oil (FRA:T0P) is currently considered Possible Value Trap. The stock's GF Value™ is €0.20, compared to a current price of €0.03 — trading 85% below its estimated fair value. The current Days Payable is 83.76, which is 77% below median its 10-year median of 357.94 and 44.5% 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 TAG Oil (FRA:T0P), the current Days Payable is 83.76 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.
TAG Oil Ltd is focused on oil and gas exploration and development opportunities in the Middle East and North Africa. The company is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1) and Southeast Ras Qattara (SERQ) concessions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:T0P has been successfully added to your 