Tan Delta Systems (LSE:TAND) Days Payable: 69.66 (As of Dec. 2025) — 56% Below Median


LSE:TAND Tan Delta Systems PLC LSE:TAND
25 GF Score
Price £0.28
GF Value £0.18
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Tan Delta Systems Days Payable?

Tan Delta Systems LSE:TAND 25 Days Payable is 69.66 as of Dec. 2025, which is 56% below its 10-year median of 160.03. GuruFocus rates LSE:TAND with a GF Score™ of 25/100 and a GF Value™ of £0.18 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 854 Oil & Gas companies, Tan Delta Systems ranks better than 78.69% on this metric.

Tan Delta Systems's average Accounts Payable for the six months ended in Dec. 2025 was £0.11 Mil. Tan Delta Systems's Cost of Goods Sold for the six months ended in Dec. 2025 was £0.28 Mil. Hence, Tan Delta Systems's Days Payable for the six months ended in Dec. 2025 was 69.66.

The historical rank and industry rank for Tan Delta Systems's Days Payable or its related term are showing as below:

LSE:TAND' s Days Payable Range Over the Past 10 Years
Min: 76.16   Med: 160.03   Max: 271.18
Current: 148.76

During the past 6 years, Tan Delta Systems's highest Days Payable was 271.18. The lowest was 76.16. And the median was 160.03.

LSE:TAND's Days Payable is ranked better than
78.69% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs LSE:TAND: 148.76

Tan Delta Systems's Days Payable declined from Dec. 2024 (216.88) to Dec. 2025 (69.66). It may suggest that Tan Delta Systems accelerated paying its suppliers.


Tan Delta Systems Days Payable Historical Data

* Premium members only.

The historical data trend for Tan Delta Systems'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.

Tan Delta Systems Days Payable Chart

Tan Delta Systems Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 123.46 137.25 182.81 271.18 198.30

Tan Delta Systems Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.55 150.40 216.88 197.56 69.66

LSE:TAND vs SLB, BKR, HAL: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.


Tan Delta Systems Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Tan Delta Systems's Days Payable falls into.


LSE:TAND
25GF Score
Tan Delta Systems PLC LSE:TAND
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tan Delta Systems 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.

Tan Delta Systems'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
=( (0.38 + 0.147) / 2 ) / 0.485*365
=0.2635 / 0.485*365
=198.30

Tan Delta Systems's Days Payable for the quarter that ended in Dec. 2025 is calculated as:

Days Payable (Q: Dec. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (0.066 + 0.147) / 2 ) / 0.279*365 / 2
=0.1065 / 0.279*365 / 2
=69.66

* 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 69.66 mean?
Tan Delta Systems (LSE:TAND) has a Days Payable of 69.66 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 Tan Delta Systems and its competitors. This is 56% below median its historical median of 160.03. Over the past decade, Tan Delta Systems' Days Payable has ranged from 76.16 to 271.18. According to the industry distribution chart, Tan Delta Systems ranks #182 out of 854 companies in the Oil & Gas industry, placing it in the top 21.3%.
Is Tan Delta Systems' Days Payable too high?
Tan Delta Systems' current Days Payable of 69.66 is 56% below median its 10-year median of 160.03. Over the past 10 years, this metric has ranged from a low of 76.16 to a high of 271.18. The Oil & Gas industry median Days Payable is 57.15. Tan Delta Systems' value of 69.66 is 21.9% above this industry median. Based on the distribution chart, Tan Delta Systems ranks #182 out of 854 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Tan Delta Systems has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tan Delta Systems' Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Tan Delta Systems ranks #182 out of 854 companies for Days Payable. This places Tan Delta Systems in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.15. Tan Delta Systems' value of 69.66 is 21.9% above this benchmark. Historically, Tan Delta Systems' own Days Payable has ranged from 76.16 to 271.18 over the past decade. While the company's 10-year median is 160.03 vs. the industry median of 57.15, Tan Delta Systems 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 57.15, 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. Tan Delta Systems's current Days Payable of 69.66 is 21.9% 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 Tan Delta Systems 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. Tan Delta Systems's current Days Payable is 69.66, which is 56% below median its own 10-year median of 160.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tan Delta Systems stock overvalued right now?
Based on GuruFocus' analysis, Tan Delta Systems (LSE:TAND) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.18, compared to a current price of £0.28 — trading 55.6% above its estimated fair value. The current Days Payable is 69.66, which is 56% below median its 10-year median of 160.03 and 21.9% above the Oil & Gas industry median of 57.15. Tan Delta Systems' overall GF Score™ is 25/100 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 Tan Delta Systems (LSE:TAND), the current Days Payable is 69.66 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 Tan Delta Systems (LSE:TAND) Overvalued in 2026?

Based on GuruFocus' analysis, Tan Delta Systems stock appears to be overvalued. The current stock price of £0.28 is trading 55.6% above its estimated GF Value™ of £0.18. GuruFocus considers Tan Delta Systems to be Significantly Overvalued.

Key valuation signals for LSE:TAND:

  • Days Payable: 69.66 (56% below median its 10-year median of 160.03)
  • GF Value™: £0.18 vs. price of £0.28 (55.6% above fair value)
  • GF Score™: 25/100 with 4 warning signs
  • Industry Position: 21.9% above the Oil & Gas median (#182 of 854)

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


Tan Delta Systems Business Description

Industry EnergyOil & Gas
Other Exchanges TB4:Germany
Address Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG
Tan Delta Systems PLC develops real-time oil analysis and analytic technologies and products with capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency, and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. Its products include Sensors, Kits, Display solutions, Gateways & modems, and Accessories & services. Geographically, its solutions are in use across the UK, Europe, North and South America, Asia, and the Middle East.
25GF Score

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

£0.28
Price
£0.18
GF Value