Granite Ridge Resources (FRA:Y60) Days Payable: 0.00 (As of Jun. 2026)

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:Y60 Granite Ridge Resources Inc FRA:Y60
77 GF Score
Price €4.36
GF Value €6.37
! 6 Warning Signs
View Full Analysis

What is Granite Ridge Resources Days Payable?

Granite Ridge Resources FRA:Y60 +0.93% 77 Days Payable is 0.00 as of Jun. 2026. GuruFocus rates FRA:Y60 with a GF Score™ of 77/100 and a GF Value™ of €6.37. The stock has 6 warning signs investors should review. Among 859 Oil & Gas companies, Granite Ridge Resources ranks worse than 50.76% on this metric.

Granite Ridge Resources's average Accounts Payable for the three months ended in Jun. 2026 was €0.0 Mil. Granite Ridge Resources's Cost of Goods Sold for the three months ended in Jun. 2026 was €79.8 Mil. Hence, Granite Ridge Resources's Days Payable for the three months ended in Jun. 2026 was 0.00.

The historical rank and industry rank for Granite Ridge Resources's Days Payable or its related term are showing as below:

FRA:Y60' s Days Payable Range Over the Past 10 Years
Min: 26.57   Med: 29.38   Max: 56.84
Current: 56.84

During the past 7 years, Granite Ridge Resources's highest Days Payable was 56.84. The lowest was 26.57. And the median was 29.38.

FRA:Y60's Days Payable is ranked worse than
50.76% of 859 companies
in the Oil & Gas industry
Industry Median: 58.49 vs FRA:Y60: 56.84

Granite Ridge Resources's Days Payable declined from Jun. 2025 (110.51) to Jun. 2026 (0.00). It may suggest that Granite Ridge Resources accelerated paying its suppliers.


Granite Ridge Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Granite Ridge Resources'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.

Granite Ridge Resources Days Payable Chart

Granite Ridge Resources Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 0.00 29.38 32.06 28.30

Granite Ridge Resources Quarterly Data
Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 110.51 0.00 21.86 20.69 0.00

FRA:Y60 vs GPRK, VTS, EGY: Days Payable Comparison

For the Oil & Gas E&P subindustry, Granite Ridge Resources'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.


Granite Ridge Resources Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Granite Ridge Resources's Days Payable falls into.


FRA:Y60
77GF Score
Granite Ridge Resources Inc FRA:Y60
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Granite Ridge Resources 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.

Granite Ridge Resources'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
=( (25.248 + 18.217) / 2 ) / 280.247*365
=21.7325 / 280.247*365
=28.30

Granite Ridge Resources's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 79.779*365 / 4
=0 / 79.779*365 / 4
=0.00

* 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 0.00 mean?
Granite Ridge Resources (FRA:Y60) has a Days Payable of 0.00 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Granite Ridge Resources and its competitors. Over the past decade, Granite Ridge Resources' Days Payable has ranged from 26.57 to 56.84. According to the industry distribution chart, Granite Ridge Resources ranks #436 out of 859 companies in the Oil & Gas industry, placing it in the top 50.8%.
Is Granite Ridge Resources' Days Payable too high?
Granite Ridge Resources' current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 26.57 to a high of 56.84. Based on the distribution chart, Granite Ridge Resources ranks #436 out of 859 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Granite Ridge Resources has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Days Payable compare to GPRK and VTS?
According to the Oil & Gas industry distribution chart, Granite Ridge Resources ranks #436 out of 859 companies for Days Payable. This places Granite Ridge Resources in the lower half of its industry. The industry median Days Payable is 58.49. Historically, Granite Ridge Resources' own Days Payable has ranged from 26.57 to 56.84 over the past decade. 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 58.49, based on 859 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. 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 Granite Ridge Resources and its competitors. For the Oil & Gas industry, the median Days Payable is 58.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Ridge Resources's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Ridge Resources stock overvalued right now?
Granite Ridge Resources (FRA:Y60) has a current Days Payable of 0.00. The stock's GF Value™ is €6.37, compared to a current price of €4.36 — trading 31.6% below its estimated fair value. The current Days Payable is 0.00. Granite Ridge Resources' overall GF Score™ is 77/100 with 6 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 Granite Ridge Resources (FRA:Y60), the current Days Payable is 0.00 as of Jun. 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 Granite Ridge Resources (FRA:Y60) Overvalued in 2026?

Based on GuruFocus' analysis, Granite Ridge Resources stock appears to be undervalued. The current stock price of €4.36 is trading 31.6% below its estimated GF Value™ of €6.37.

Key valuation signals for FRA:Y60:

  • Days Payable: 0.00
  • GF Value™: €6.37 vs. price of €4.36 (31.6% below fair value)
  • GF Score™: 77/100 with 6 warning signs

No single metric tells the full story. See the FRA:Y60 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Granite Ridge Resources Business Description

Industry EnergyOil & Gas
Other Exchanges GRNT:USA
Address 5217 McKinney Avenue, Suite 400, Dallas, TX, USA, 75205
Granite Ridge Resources Inc is a scaled, non-operated oil and gas exploration and production company. It invests in a diversified portfolio of production and top-tier acreage across the Permian and other prolific U.S. basins in partnership with operators. It generates maximum revenue from Oil.
77GF Score

Get the complete analysis for FRA:Y60

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

€4.36
Price
€6.37
GF Value