Independent Petroleum Group KSCP (KUW:IPG) Days Payable: 34.68 (As of Mar. 2026) — 36% Above Median


KUW:IPG Independent Petroleum Group KSCP KUW:IPG
33 GF Score
Price KWD0.63
GF Value KWD0.36
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Independent Petroleum Group KSCP Days Payable?

Independent Petroleum Group KSCP KUW:IPG 33 Days Payable is 34.68 as of Mar. 2026, which is 36% above its 10-year median of 25.56. GuruFocus rates KUW:IPG with a GF Score™ of 33/100 and a GF Value™ of KWD0.36 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 851 Oil & Gas companies, Independent Petroleum Group KSCP ranks worse than 57.58% on this metric.

Independent Petroleum Group KSCP's average Accounts Payable for the three months ended in Mar. 2026 was KWD87.0 Mil. Independent Petroleum Group KSCP's Cost of Goods Sold for the three months ended in Mar. 2026 was KWD229.0 Mil. Hence, Independent Petroleum Group KSCP's Days Payable for the three months ended in Mar. 2026 was 34.68.

The historical rank and industry rank for Independent Petroleum Group KSCP's Days Payable or its related term are showing as below:

KUW:IPG' s Days Payable Range Over the Past 10 Years
Min: 15.23   Med: 25.56   Max: 48.1
Current: 48.1

During the past 13 years, Independent Petroleum Group KSCP's highest Days Payable was 48.10. The lowest was 15.23. And the median was 25.56.

KUW:IPG's Days Payable is ranked worse than
57.58% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs KUW:IPG: 48.10

Independent Petroleum Group KSCP's Days Payable declined from Mar. 2025 (43.93) to Mar. 2026 (34.68). It may suggest that Independent Petroleum Group KSCP accelerated paying its suppliers.


Independent Petroleum Group KSCP Days Payable Related Terms


Independent Petroleum Group KSCP Days Payable Historical Data

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The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP Days Payable Chart

Independent Petroleum Group KSCP 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 28.97 18.00 29.13 31.85 23.80

Independent Petroleum Group KSCP 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 43.93 78.86 45.55 26.78 34.68

KUW:IPG vs XOM, CVX: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Independent Petroleum Group KSCP's Days Payable falls into.


KUW:IPG
33GF Score
Independent Petroleum Group KSCP KUW:IPG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Independent Petroleum Group KSCP 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.

Independent Petroleum Group KSCP'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
=( (95.016 + 18.071) / 2 ) / 867.205*365
=56.5435 / 867.205*365
=23.80

Independent Petroleum Group KSCP'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
=( (18.071 + 155.962) / 2 ) / 228.96*365 / 4
=87.0165 / 228.96*365 / 4
=34.68

* 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 34.68 mean?
Independent Petroleum Group KSCP (KUW:IPG) has a Days Payable of 34.68 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 Independent Petroleum Group KSCP and its competitors. This is 36% above median its historical median of 25.56. Over the past decade, Independent Petroleum Group KSCP's Days Payable has ranged from 15.23 to 48.10. According to the industry distribution chart, Independent Petroleum Group KSCP ranks #490 out of 851 companies in the Oil & Gas industry, placing it in the top 57.6%.
Is Independent Petroleum Group KSCP's Days Payable too high?
Independent Petroleum Group KSCP's current Days Payable of 34.68 is 36% above median its 10-year median of 25.56. Over the past 10 years, this metric has ranged from a low of 15.23 to a high of 48.10. The Oil & Gas industry median Days Payable is 57.95. Independent Petroleum Group KSCP's value of 34.68 is 40.2% below this industry median. Based on the distribution chart, Independent Petroleum Group KSCP ranks #490 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Independent Petroleum Group KSCP has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Independent Petroleum Group KSCP's Days Payable compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Independent Petroleum Group KSCP ranks #490 out of 851 companies for Days Payable. This places Independent Petroleum Group KSCP in the lower half of its industry. The industry median Days Payable is 57.95. Independent Petroleum Group KSCP's value of 34.68 is 40.2% below this benchmark. Historically, Independent Petroleum Group KSCP's own Days Payable has ranged from 15.23 to 48.10 over the past decade. While the company's 10-year median is 25.56 vs. the industry median of 57.95, Independent Petroleum Group KSCP 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 57.95, 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. Independent Petroleum Group KSCP's current Days Payable of 34.68 is 40.2% 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 Independent Petroleum Group KSCP 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. Independent Petroleum Group KSCP's current Days Payable is 34.68, which is 36% above median its own 10-year median of 25.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Independent Petroleum Group KSCP stock overvalued right now?
Based on GuruFocus' analysis, Independent Petroleum Group KSCP (KUW:IPG) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.36, compared to a current price of KWD0.63 — trading 75% above its estimated fair value. The current Days Payable is 34.68, which is 36% above median its 10-year median of 25.56 and 40.2% below the Oil & Gas industry median of 57.95. Independent Petroleum Group KSCP's overall GF Score™ is 33/100 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 Independent Petroleum Group KSCP (KUW:IPG), the current Days Payable is 34.68 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 Independent Petroleum Group KSCP (KUW:IPG) Overvalued in 2026?

Based on GuruFocus' analysis, Independent Petroleum Group KSCP stock appears to be overvalued. The current stock price of KWD0.63 is trading 75% above its estimated GF Value™ of KWD0.36. GuruFocus considers Independent Petroleum Group KSCP to be Significantly Overvalued.

Key valuation signals for KUW:IPG:

  • Days Payable: 34.68 (36% above median its 10-year median of 25.56)
  • GF Value™: KWD0.36 vs. price of KWD0.63 (75% above fair value)
  • GF Score™: 33/100 with 5 warning signs
  • Industry Position: 40.2% below the Oil & Gas median (#490 of 851)

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


Independent Petroleum Group KSCP Business Description

Industry EnergyOil & Gas
Address Area 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The group operates in Europe, Africa and Middle East, and Asia and the Far East where Africa and the Middle East region generates maximum revenue.
33GF Score

Get the complete analysis for KUW:IPG

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

KWD0.63
Price
KWD0.36
GF Value