SBM Offshore NVHAM:IHCB -2.03%79 Days Payable is 94.95 as of Dec. 2025, which is 296% above its 10-year median of 23.97. GuruFocus rates HAM:IHCB with a GF Score™ of 79/100 and a GF Value™ of €21.13 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, SBM Offshore NV ranks better than 55.46% on this metric.
The historical rank and industry rank for SBM Offshore NV's Days Payable or its related term are showing as below:
HAM:IHCB'
s Days Payable Range Over the Past 10 Years
Min: 16.9 Med: 23.97 Max: 69.46
Current: 69.46
During the past 13 years, SBM Offshore NV's highest Days Payable was 69.46. The lowest was 16.90. And the median was 23.97.
HAM:IHCB's Days Payable is ranked better than 55.46% of 851
companies
in the Oil & Gas industry
Industry Median: 57.95
vs HAM:IHCB: 69.46
SBM Offshore NV's Days Payable
increased
from Dec. 2024 (78.14) to Dec. 2025 (94.95).
It may suggest that SBM Offshore NVdelayed paying its suppliers.
SBM Offshore NV Days Payable Related Terms
SBM Offshore NV Days Payable Historical Data
* Premium members only.
The historical data trend for SBM Offshore NV'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.
HAM:IHCB vs SLB, BKR, HAL: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, SBM Offshore NV'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.
SBM Offshore NV Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SBM Offshore NV's Days Payable distribution charts can be found below:
* The bar in red indicates where SBM Offshore NV'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.
SBM Offshore NV'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.
SBM Offshore NV (HAM:IHCB) has a Days Payable of 94.95 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on SBM Offshore NV and its competitors. This is 296% above median its historical median of 23.97. Over the past decade, SBM Offshore NV's Days Payable has ranged from 16.90 to 69.46. According to the industry distribution chart, SBM Offshore NV ranks #379 out of 851 companies in the Oil & Gas industry, placing it in the top 44.5%.
Is SBM Offshore NV's Days Payable too high?
SBM Offshore NV's current Days Payable of 94.95 is 296% above median its 10-year median of 23.97. Over the past 10 years, this metric has ranged from a low of 16.90 to a high of 69.46. The Oil & Gas industry median Days Payable is 57.95. SBM Offshore NV's value of 94.95 is 63.8% above this industry median. Based on the distribution chart, SBM Offshore NV ranks #379 out of 851 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, SBM Offshore NV has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SBM Offshore NV's Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, SBM Offshore NV ranks #379 out of 851 companies for Days Payable. This puts SBM Offshore NV in the upper half of its industry. The industry median Days Payable is 57.95. SBM Offshore NV's value of 94.95 is 63.8% above this benchmark. Historically, SBM Offshore NV's own Days Payable has ranged from 16.90 to 69.46 over the past decade. While the company's 10-year median is 23.97 vs. the industry median of 57.95, SBM Offshore NV 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. SBM Offshore NV's current Days Payable of 94.95 is 63.8% 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 SBM Offshore NV 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. SBM Offshore NV's current Days Payable is 94.95, which is 296% above median its own 10-year median of 23.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBM Offshore NV stock overvalued right now?
Based on GuruFocus' analysis, SBM Offshore NV (HAM:IHCB) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.13, compared to a current price of €29.90 — trading 41.5% above its estimated fair value. The current Days Payable is 94.95, which is 296% above median its 10-year median of 23.97 and 63.8% above the Oil & Gas industry median of 57.95. SBM Offshore NV's overall GF Score™ is 79/100 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 SBM Offshore NV (HAM:IHCB), the current Days Payable is 94.95 as of Dec. 2025. 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 SBM Offshore NV (HAM:IHCB) Overvalued in 2026?
Based on GuruFocus' analysis, SBM Offshore NV stock appears to be overvalued.
The current stock price of €29.90 is trading 41.5% above its estimated GF Value™ of €21.13.
GuruFocus considers SBM Offshore NV to be Significantly Overvalued.
Key valuation signals for HAM:IHCB:
Days Payable: 94.95 (296% above median its 10-year median of 23.97)
GF Value™: €21.13 vs. price of €29.90 (41.5% above fair value)
Industry Position: 63.8% above the Oil & Gas median (#379 of 851)
No single metric tells the full story. See the HAM:IHCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy, and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and the turnkey segment includes revenues from Turnkey supply contracts and after-sales services.
79GF Score
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