Granite Ridge ResourcesGRNT -2.20%83 Days Payable is 20.95 as of Mar. 2026, which is 29% below its 10-year median of 29.38. GuruFocus rates GRNT with a GF Score™ of 83/100 and a GF Value™ of $7.24 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 854 Oil & Gas companies, Granite Ridge Resources ranks worse than 57.26% on this metric.
* 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.
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.
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
* 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 (GRNT) has a Days Payable of 20.95 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 Granite Ridge Resources and its competitors. This is 29% below median its historical median of 29.38. Over the past decade, Granite Ridge Resources' Days Payable has ranged from 26.57 to 48.44. According to the industry distribution chart, Granite Ridge Resources ranks #489 out of 854 companies in the Oil & Gas industry, placing it in the top 57.3%.
Is Granite Ridge Resources' Days Payable too high?
Granite Ridge Resources' current Days Payable of 20.95 is 29% below median its 10-year median of 29.38. Over the past 10 years, this metric has ranged from a low of 26.57 to a high of 48.44. The Oil & Gas industry median Days Payable is 57.15. Granite Ridge Resources' value of 20.95 is 63.3% below this industry median. Based on the distribution chart, Granite Ridge Resources ranks #489 out of 854 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Granite Ridge Resources has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Granite Ridge Resources' Days Payable compare to GPRK and ZNOG?
According to the Oil & Gas industry distribution chart, Granite Ridge Resources ranks #489 out of 854 companies for Days Payable. This places Granite Ridge Resources in the lower half of its industry. The industry median Days Payable is 57.15. Granite Ridge Resources' value of 20.95 is 63.3% below this benchmark. Historically, Granite Ridge Resources' own Days Payable has ranged from 26.57 to 48.44 over the past decade. While the company's 10-year median is 29.38 vs. the industry median of 57.15, Granite Ridge 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. Granite Ridge Resources's current Days Payable of 20.95 is 63.3% 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 Granite Ridge 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. Granite Ridge Resources's current Days Payable is 20.95, which is 29% below median its own 10-year median of 29.38. 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?
Based on GuruFocus' analysis, Granite Ridge Resources (GRNT) is currently considered Possible Value Trap. The stock's GF Value™ is $7.24, compared to a current price of $4.44 — trading 38.7% below its estimated fair value. The current Days Payable is 20.95, which is 29% below median its 10-year median of 29.38 and 63.3% below the Oil & Gas industry median of 57.15. Granite Ridge Resources' overall GF Score™ is 83/100 with 8 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 (GRNT), the current Days Payable is 20.95 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 Granite Ridge Resources (GRNT) Overvalued in 2026?
Based on GuruFocus' analysis, Granite Ridge Resources stock appears to be undervalued.
The current stock price of $4.44 is trading 38.7% below its estimated GF Value™ of $7.24.
GuruFocus considers Granite Ridge Resources to be Possible Value Trap.
Key valuation signals for GRNT:
Days Payable: 20.95 (29% below median its 10-year median of 29.38)
GF Value™: $7.24 vs. price of $4.44 (38.7% below fair value)
Industry Position: 63.3% below the Oil & Gas median (#489 of 854)
No single metric tells the full story. See the GRNT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
83GF Score
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