Thalassa Holdings (LSE:THAL) Days Payable: 1,333.49 (As of Dec. 2025) — 48% Below Median


LSE:THAL Thalassa Holdings Ltd LSE:THAL
33 GF Score
Price £0.24
! 3 Warning Signs
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What is Thalassa Holdings Days Payable?

Thalassa Holdings LSE:THAL 33 Days Payable is 1,333.49 as of Dec. 2025, which is 48% below its 10-year median of 2,555.00. GuruFocus rates LSE:THAL with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 854 Oil & Gas companies, Thalassa Holdings ranks better than 96.6% on this metric.

Thalassa Holdings's average Accounts Payable for the six months ended in Dec. 2025 was £0.32 Mil. Thalassa Holdings's Cost of Goods Sold for the six months ended in Dec. 2025 was £0.04 Mil. Hence, Thalassa Holdings's Days Payable for the six months ended in Dec. 2025 was 1,333.49.

The historical rank and industry rank for Thalassa Holdings's Days Payable or its related term are showing as below:

LSE:THAL' s Days Payable Range Over the Past 10 Years
Min: 639.18   Med: 2555   Max: 8844.23
Current: 1443.66

During the past 13 years, Thalassa Holdings's highest Days Payable was 8844.23. The lowest was 639.18. And the median was 2555.00.

LSE:THAL's Days Payable is ranked better than
96.6% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs LSE:THAL: 1443.66

Thalassa Holdings's Days Payable declined from Dec. 2024 (2,540.74) to Dec. 2025 (1,333.49). It may suggest that Thalassa Holdings accelerated paying its suppliers.


Thalassa Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Thalassa Holdings'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.

Thalassa Holdings Days Payable Chart

Thalassa Holdings 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 3,440.95 2,555.00 6,055.09 1,940.26 694.59

Thalassa Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10,346.35 15,071.46 2,540.74 2,745.43 1,333.49

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

For the Oil & Gas Equipment & Services subindustry, Thalassa Holdings'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.


Thalassa Holdings Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Thalassa Holdings's Days Payable falls into.


LSE:THAL
33GF Score
Thalassa Holdings Ltd LSE:THAL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thalassa Holdings 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.

Thalassa Holdings'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
=( (0.152 + 0.103) / 2 ) / 0.067*365
=0.1275 / 0.067*365
=694.59

Thalassa Holdings'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
=( (0.54 + 0.103) / 2 ) / 0.044*365 / 2
=0.3215 / 0.044*365 / 2
=1,333.49

* 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 1,333.49 mean?
Thalassa Holdings (LSE:THAL) has a Days Payable of 1,333.49 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 Thalassa Holdings and its competitors. This is 48% below median its historical median of 2,555.00. Over the past decade, Thalassa Holdings' Days Payable has ranged from 639.18 to 8,844.23. According to the industry distribution chart, Thalassa Holdings ranks #29 out of 854 companies in the Oil & Gas industry, placing it in the top 3.4%.
Is Thalassa Holdings' Days Payable too high?
Thalassa Holdings' current Days Payable of 1,333.49 is 48% below median its 10-year median of 2,555.00. Over the past 10 years, this metric has ranged from a low of 639.18 to a high of 8,844.23. The Oil & Gas industry median Days Payable is 57.15. Thalassa Holdings' value of 1,333.49 is 2233.5% above this industry median. Based on the distribution chart, Thalassa Holdings ranks #29 out of 854 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Thalassa Holdings has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Thalassa Holdings' Days Payable compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Thalassa Holdings ranks #29 out of 854 companies for Days Payable. This places Thalassa Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.15. Thalassa Holdings' value of 1,333.49 is 2233.5% above this benchmark. Historically, Thalassa Holdings' own Days Payable has ranged from 639.18 to 8,844.23 over the past decade. While the company's 10-year median is 2,555.00 vs. the industry median of 57.15, Thalassa Holdings 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. Thalassa Holdings's current Days Payable of 1,333.49 is 2233.5% 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 Thalassa Holdings 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. Thalassa Holdings's current Days Payable is 1,333.49, which is 48% below median its own 10-year median of 2,555.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thalassa Holdings stock overvalued right now?
Thalassa Holdings (LSE:THAL) has a current Days Payable of 1,333.49. The current Days Payable is 1,333.49, which is 48% below median its 10-year median of 2,555.00 and 2233.5% above the Oil & Gas industry median of 57.15. Thalassa Holdings' overall GF Score™ is 33/100 with 3 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 Thalassa Holdings (LSE:THAL), the current Days Payable is 1,333.49 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.

Thalassa Holdings Business Description

Industry EnergyOil & Gas
Address Folio Chambers, P.O. Box 800, Tortola, Road Town, VGB, VG1110
Thalassa Holdings Ltd is an international business company. It is a holding company with interests in property, and marine seismic/defense R&D. The company has two operating segments comprised of rental income through the Aperion Group and Product Development through the rest of the Group.
33GF Score

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