GFR (Greenfire Resources) Days Payable: 11.97 (As of Mar. 2026) — 27% Above Median


GFR Greenfire Resources Ltd GFR
34 GF Score
Price $5.65
GF Value $3.45
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Greenfire Resources Days Payable?

Greenfire Resources GFR 34 Days Payable is 11.97 as of Mar. 2026, which is 27% above its 10-year median of 9.44. GuruFocus rates GFR with a GF Score™ of 34/100 and a GF Value™ of $3.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 854 Oil & Gas companies, Greenfire Resources ranks worse than 94.03% on this metric.

Greenfire Resources's average Accounts Payable for the three months ended in Mar. 2026 was $8.1 Mil. Greenfire Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was $62.1 Mil. Hence, Greenfire Resources's Days Payable for the three months ended in Mar. 2026 was 11.97.

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

GFR' s Days Payable Range Over the Past 10 Years
Min: 4.43   Med: 9.44   Max: 45.05
Current: 9.92

During the past 6 years, Greenfire Resources's highest Days Payable was 45.05. The lowest was 4.43. And the median was 9.44.

GFR's Days Payable is ranked worse than
94.03% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs GFR: 9.92

Greenfire Resources's Days Payable increased from Mar. 2025 (5.67) to Mar. 2026 (11.97). It may suggest that Greenfire Resources delayed paying its suppliers.


Greenfire Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Greenfire 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.

Greenfire Resources Days Payable Chart

Greenfire Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 45.05 14.15 4.43 5.39 9.44

Greenfire Resources Quarterly Data
Dec20 Dec21 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 5.67 0.00 0.00 12.95 11.97

GFR vs TXO, VTS, REPX: Days Payable Comparison

For the Oil & Gas E&P subindustry, Greenfire 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.


Greenfire Resources Days Payable vs Oil & Gas Industry

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

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


GFR
34GF Score
Greenfire Resources Ltd GFR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenfire 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.

Greenfire 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
=( (4.43 + 8.148) / 2 ) / 243.049*365
=6.289 / 243.049*365
=9.44

Greenfire Resources'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
=( (8.148 + 0) / 1 ) / 62.137*365 / 4
=8.148 / 62.137*365 / 4
=11.97

* 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 11.97 mean?
Greenfire Resources (GFR) has a Days Payable of 11.97 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 Greenfire Resources and its competitors. This is 27% above median its historical median of 9.44. Over the past decade, Greenfire Resources' Days Payable has ranged from 4.43 to 45.05. According to the industry distribution chart, Greenfire Resources ranks #803 out of 854 companies in the Oil & Gas industry, placing it in the top 94%.
Is Greenfire Resources' Days Payable too high?
Greenfire Resources' current Days Payable of 11.97 is 27% above median its 10-year median of 9.44. Over the past 10 years, this metric has ranged from a low of 4.43 to a high of 45.05. The Oil & Gas industry median Days Payable is 57.15. Greenfire Resources' value of 11.97 is 79.1% below this industry median. Based on the distribution chart, Greenfire Resources ranks #803 out of 854 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Greenfire Resources has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Greenfire Resources' Days Payable compare to TXO and VTS?
According to the Oil & Gas industry distribution chart, Greenfire Resources ranks #803 out of 854 companies for Days Payable. This places Greenfire Resources in the lower half of its industry. The industry median Days Payable is 57.15. Greenfire Resources' value of 11.97 is 79.1% below this benchmark. Historically, Greenfire Resources' own Days Payable has ranged from 4.43 to 45.05 over the past decade. While the company's 10-year median is 9.44 vs. the industry median of 57.15, Greenfire Resources 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. Greenfire Resources's current Days Payable of 11.97 is 79.1% 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 Greenfire Resources 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. Greenfire Resources's current Days Payable is 11.97, which is 27% above median its own 10-year median of 9.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenfire Resources stock overvalued right now?
Based on GuruFocus' analysis, Greenfire Resources (GFR) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.45, compared to a current price of $5.65 — trading 63.8% above its estimated fair value. The current Days Payable is 11.97, which is 27% above median its 10-year median of 9.44 and 79.1% below the Oil & Gas industry median of 57.15. Greenfire Resources' overall GF Score™ is 34/100 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 Greenfire Resources (GFR), the current Days Payable is 11.97 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 Greenfire Resources (GFR) Overvalued in 2026?

Based on GuruFocus' analysis, Greenfire Resources stock appears to be overvalued. The current stock price of $5.65 is trading 63.8% above its estimated GF Value™ of $3.45. GuruFocus considers Greenfire Resources to be Significantly Overvalued.

Key valuation signals for GFR:

  • Days Payable: 11.97 (27% above median its 10-year median of 9.44)
  • GF Value™: $3.45 vs. price of $5.65 (63.8% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 79.1% below the Oil & Gas median (#803 of 854)

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


Greenfire Resources Business Description

Industry EnergyOil & Gas
Other Exchanges GFR:Canada
Address 350 - 7th Avenue S.W, Suite 800, Calgary, AB, CAN, T2P 3N9
Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo. The company has one reportable operating segment which is made up of its oil sands operations based on geographic location : Athabasca oil sands region of Alberta, Canada, nature of the products sold and integration of facilities and operations. The company is actively developing its Hangingstone Facilities using SAGD, an enhanced oil recovery extraction method.
34GF Score

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

$5.65
Price
$3.45
GF Value