Northern Oil & Gas (HAM:4LT1) Days Payable: 56.32 (As of Mar. 2026) — Near Median


HAM:4LT1 Northern Oil & Gas Inc HAM:4LT1
60 GF Score
Price €16.36
GF Value €26.65
Valuation Possible Value Trap
! 5 Warning Signs
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What is Northern Oil & Gas Days Payable?

Northern Oil & Gas HAM:4LT1 +6.82% 60 Days Payable is 56.32 as of Mar. 2026, which is 4% below its 10-year median of 58.86. GuruFocus rates HAM:4LT1 with a GF Score™ of 60/100 and a GF Value™ of €26.65 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 852 Oil & Gas companies, Northern Oil & Gas ranks worse than 54.58% on this metric.

Northern Oil & Gas's average Accounts Payable for the three months ended in Mar. 2026 was €195 Mil. Northern Oil & Gas's Cost of Goods Sold for the three months ended in Mar. 2026 was €316 Mil. Hence, Northern Oil & Gas's Days Payable for the three months ended in Mar. 2026 was 56.32.

The historical rank and industry rank for Northern Oil & Gas's Days Payable or its related term are showing as below:

HAM:4LT1' s Days Payable Range Over the Past 10 Years
Min: 47.56   Med: 58.86   Max: 209.86
Current: 52.03

During the past 13 years, Northern Oil & Gas's highest Days Payable was 209.86. The lowest was 47.56. And the median was 58.86.

HAM:4LT1's Days Payable is ranked worse than
54.58% of 852 companies
in the Oil & Gas industry
Industry Median: 58.145 vs HAM:4LT1: 52.03

Northern Oil & Gas's Days Payable declined from Mar. 2025 (56.47) to Mar. 2026 (56.32). It may suggest that Northern Oil & Gas accelerated paying its suppliers.


Northern Oil & Gas Days Payable Historical Data

* Premium members only.

The historical data trend for Northern Oil & Gas'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.

Northern Oil & Gas Days Payable Chart

Northern Oil & Gas 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 46.36 51.73 59.73 53.31 57.26

Northern Oil & Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only 56.47 52.86 44.42 48.66 56.32

HAM:4LT1 vs MNR, TALO, KRP: Days Payable Comparison

For the Oil & Gas E&P subindustry, Northern Oil & Gas'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.


Northern Oil & Gas Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Northern Oil & Gas's Days Payable falls into.


HAM:4LT1
60GF Score
Northern Oil & Gas Inc HAM:4LT1
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Oil & Gas 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.

Northern Oil & Gas'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
=( (193.737 + 186.701) / 2 ) / 1212.559*365
=190.219 / 1212.559*365
=57.26

Northern Oil & Gas'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
=( (186.701 + 203.207) / 2 ) / 315.888*365 / 4
=194.954 / 315.888*365 / 4
=56.32

* 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 56.32 mean?
Northern Oil & Gas (HAM:4LT1) has a Days Payable of 56.32 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 Northern Oil & Gas and its competitors. This is near median its historical median of 58.86. Over the past decade, Northern Oil & Gas' Days Payable has ranged from 47.56 to 209.86. According to the industry distribution chart, Northern Oil & Gas ranks #465 out of 852 companies in the Oil & Gas industry, placing it in the top 54.6%.
Is Northern Oil & Gas' Days Payable too high?
Northern Oil & Gas' current Days Payable of 56.32 is near median its 10-year median of 58.86. Over the past 10 years, this metric has ranged from a low of 47.56 to a high of 209.86. The Oil & Gas industry median Days Payable is 58.15. Northern Oil & Gas' value of 56.32 is 3.1% below this industry median. Based on the distribution chart, Northern Oil & Gas ranks #465 out of 852 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Northern Oil & Gas has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northern Oil & Gas' Days Payable compare to MNR and TALO?
According to the Oil & Gas industry distribution chart, Northern Oil & Gas ranks #465 out of 852 companies for Days Payable. This places Northern Oil & Gas in the lower half of its industry. The industry median Days Payable is 58.15. Northern Oil & Gas' value of 56.32 is 3.1% below this benchmark. Historically, Northern Oil & Gas' own Days Payable has ranged from 47.56 to 209.86 over the past decade. While the company's 10-year median is 58.86 vs. the industry median of 58.15, Northern Oil & Gas 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 58.15, based on 852 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. Northern Oil & Gas's current Days Payable of 56.32 is 3.1% 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 Northern Oil & Gas and its competitors. For the Oil & Gas industry, the median Days Payable is 58.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Oil & Gas's current Days Payable is 56.32, which is near median its own 10-year median of 58.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Oil & Gas stock overvalued right now?
Based on GuruFocus' analysis, Northern Oil & Gas (HAM:4LT1) is currently considered Possible Value Trap. The stock's GF Value™ is €26.65, compared to a current price of €16.36 — trading 38.6% below its estimated fair value. The current Days Payable is 56.32, which is near median its 10-year median of 58.86 and 3.1% below the Oil & Gas industry median of 58.15. Northern Oil & Gas' overall GF Score™ is 60/100 with 5 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 Northern Oil & Gas (HAM:4LT1), the current Days Payable is 56.32 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 Northern Oil & Gas (HAM:4LT1) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Oil & Gas stock appears to be undervalued. The current stock price of €16.36 is trading 38.6% below its estimated GF Value™ of €26.65. GuruFocus considers Northern Oil & Gas to be Possible Value Trap.

Key valuation signals for HAM:4LT1:

  • Days Payable: 56.32 (near median its 10-year median of 58.86)
  • GF Value™: €26.65 vs. price of €16.36 (38.6% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 3.1% below the Oil & Gas median (#465 of 852)

No single metric tells the full story. See the HAM:4LT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northern Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges NOG:USA4LT1:Germany
Address 4350 Baker Road, Suite 400, Minnetonka, MN, USA, 55343
Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. The company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), the Uinta Basin, and the Appalachian Basin (Pennsylvania and Ohio).
60GF Score

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

€16.36
Price
€26.65
GF Value