Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Days Payable: 378.62 (As of Mar. 2026) — 100% Above Median

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KUW:ABAR Burgan Company for Well Drilling Trading and Maintenance SAK KUW:ABAR
26 GF Score
Price KWD0.18
GF Value KWD0.13
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Burgan Company for Well Drilling Trading and MaintenanceK Days Payable?

Burgan Company for Well Drilling Trading and MaintenanceK KUW:ABAR +1.68% 26 Days Payable is 378.62 as of Mar. 2026, which is 100% above its 10-year median of 189.01. GuruFocus rates KUW:ABAR with a GF Score™ of 26/100 and a GF Value™ of KWD0.13 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 851 Oil & Gas companies, Burgan Company for Well Drilling Trading and MaintenanceK ranks better than 88.6% on this metric.

Burgan Company for Well Drilling Trading and MaintenanceK's average Accounts Payable for the three months ended in Mar. 2026 was KWD27.30 Mil. Burgan Company for Well Drilling Trading and MaintenanceK's Cost of Goods Sold for the three months ended in Mar. 2026 was KWD6.58 Mil. Hence, Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable for the three months ended in Mar. 2026 was 378.62.

The historical rank and industry rank for Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable or its related term are showing as below:

KUW:ABAR' s Days Payable Range Over the Past 10 Years
Min: 141.23   Med: 189.01   Max: 276.2
Current: 276.2

During the past 13 years, Burgan Company for Well Drilling Trading and MaintenanceK's highest Days Payable was 276.20. The lowest was 141.23. And the median was 189.01.

KUW:ABAR's Days Payable is ranked better than
88.6% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs KUW:ABAR: 276.20

Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable increased from Mar. 2025 (295.74) to Mar. 2026 (378.62). It may suggest that Burgan Company for Well Drilling Trading and MaintenanceK delayed paying its suppliers.


Burgan Company for Well Drilling Trading and MaintenanceK Days Payable Related Terms


Burgan Company for Well Drilling Trading and MaintenanceK Days Payable Historical Data

* Premium members only.

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK'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.

Burgan Company for Well Drilling Trading and MaintenanceK Days Payable Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 204.13 213.94 234.78 231.11 265.61

Burgan Company for Well Drilling Trading and MaintenanceK 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 295.74 263.27 303.34 215.59 378.62

KUW:ABAR vs NE, RIG, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Burgan Company for Well Drilling Trading and MaintenanceK'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.


Burgan Company for Well Drilling Trading and MaintenanceK Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable distribution charts can be found below:

* The bar in red indicates where Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable falls into.


KUW:ABAR
26GF Score
Burgan Company for Well Drilling Trading and Maintenance SAK KUW:ABAR
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Burgan Company for Well Drilling Trading and MaintenanceK 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.

Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (19.018 + 27.619) / 2 ) / 32.044*365
=23.3185 / 32.044*365
=265.61

Burgan Company for Well Drilling Trading and MaintenanceK'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
=( (26.985 + 27.619) / 2 ) / 6.58*365 / 4
=27.302 / 6.58*365 / 4
=378.62

* 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 378.62 mean?
Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) has a Days Payable of 378.62 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 Burgan Company for Well Drilling Trading and MaintenanceK and its competitors. This is 100% above median its historical median of 189.01. Over the past decade, Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable has ranged from 141.23 to 276.20. According to the industry distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #97 out of 851 companies in the Oil & Gas industry, placing it in the top 11.4%.
Is Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable too high?
Burgan Company for Well Drilling Trading and MaintenanceK's current Days Payable of 378.62 is 100% above median its 10-year median of 189.01. Over the past 10 years, this metric has ranged from a low of 141.23 to a high of 276.20. The Oil & Gas industry median Days Payable is 57.95. Burgan Company for Well Drilling Trading and MaintenanceK's value of 378.62 is 553.4% above this industry median. Based on the distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #97 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Burgan Company for Well Drilling Trading and MaintenanceK has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Burgan Company for Well Drilling Trading and MaintenanceK's Days Payable compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Burgan Company for Well Drilling Trading and MaintenanceK ranks #97 out of 851 companies for Days Payable. This places Burgan Company for Well Drilling Trading and MaintenanceK in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Burgan Company for Well Drilling Trading and MaintenanceK's value of 378.62 is 553.4% above this benchmark. Historically, Burgan Company for Well Drilling Trading and MaintenanceK's own Days Payable has ranged from 141.23 to 276.20 over the past decade. While the company's 10-year median is 189.01 vs. the industry median of 57.95, Burgan Company for Well Drilling Trading and MaintenanceK 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. Burgan Company for Well Drilling Trading and MaintenanceK's current Days Payable of 378.62 is 553.4% 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 Burgan Company for Well Drilling Trading and MaintenanceK 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. Burgan Company for Well Drilling Trading and MaintenanceK's current Days Payable is 378.62, which is 100% above median its own 10-year median of 189.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Burgan Company for Well Drilling Trading and MaintenanceK stock overvalued right now?
Based on GuruFocus' analysis, Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.13, compared to a current price of KWD0.18 — trading 40% above its estimated fair value. The current Days Payable is 378.62, which is 100% above median its 10-year median of 189.01 and 553.4% above the Oil & Gas industry median of 57.95. Burgan Company for Well Drilling Trading and MaintenanceK's overall GF Score™ is 26/100 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 Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR), the current Days Payable is 378.62 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 Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Overvalued in 2026?

Based on GuruFocus' analysis, Burgan Company for Well Drilling Trading and MaintenanceK stock appears to be overvalued. The current stock price of KWD0.18 is trading 40% above its estimated GF Value™ of KWD0.13. GuruFocus considers Burgan Company for Well Drilling Trading and MaintenanceK to be Significantly Overvalued.

Key valuation signals for KUW:ABAR:

  • Days Payable: 378.62 (100% above median its 10-year median of 189.01)
  • GF Value™: KWD0.13 vs. price of KWD0.18 (40% above fair value)
  • GF Score™: 26/100 with 6 warning signs
  • Industry Position: 553.4% above the Oil & Gas median (#97 of 851)

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


Burgan Company for Well Drilling Trading and MaintenanceK Business Description

Industry EnergyOil & Gas
Address Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022
Burgan Company for Well Drilling Trading and Maintenance SAK provides drilling, exploration, and maintenance services for oil and gas companies. The company offers development and exploratory services, as well as drilling and maintenance of oil and gas wells in Kuwait and internationally with the approval of the Ministry of Oil. It also establishes, participates in, or acquires affiliates as outlined in its Memorandum of Incorporation. Additionally, the company invests its financial surpluses in portfolios managed by specialized entities. Burgan Company serves its clients by drilling deep, medium, and shallow wells, as well as performing workover operations. Its primary operating segment is oil and gas well services.
26GF Score

Get the complete analysis for KUW:ABAR

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

KWD0.18
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KWD0.13
GF Value