NOVMEX:NOV 72 Days Payable is 45.86 as of Mar. 2026, which is 13% above its 10-year median of 40.58. GuruFocus rates MEX:NOV with a GF Score™ of 72/100 and a GF Value™ of MXN314.69. The stock has 5 warning signs investors should review. Among 852 Oil & Gas companies, NOV ranks worse than 61.97% on this metric.
NOV's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN15,163 Mil. NOV's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN30,169 Mil.
Hence, NOV's Days Payable for the
three
months ended in Mar. 2026 was 45.86.
The historical rank and industry rank for NOV's Days Payable or its related term are showing as below:
MEX:NOV'
s Days Payable Range Over the Past 10 Years
Min: 25.74 Med: 40.58 Max: 48.94
Current: 42.79
During the past 13 years, NOV's highest Days Payable was 48.94. The lowest was 25.74. And the median was 40.58.
MEX:NOV's Days Payable is ranked worse than 61.97% of 852
companies
in the Oil & Gas industry
Industry Median: 57.84
vs MEX:NOV: 42.79
NOV's Days Payable
increased
from Mar. 2025 (45.44) to Mar. 2026 (45.86).
It may suggest that NOVdelayed paying its suppliers.
NOV Days Payable Related Terms
NOV Days Payable Historical Data
* Premium members only.
The historical data trend for NOV'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.
MEX:NOV vs AROC, WFRD, KGS: Days Payable Comparison
For the Oil & Gas Equipment & Services subindustry, NOV'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.
NOV Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NOV's Days Payable distribution charts can be found below:
* The bar in red indicates where NOV'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.
NOV'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.
NOV (MEX:NOV) has a Days Payable of 45.86 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 NOV and its competitors. This is 13% above median its historical median of 40.58. Over the past decade, NOV's Days Payable has ranged from 25.74 to 48.94. According to the industry distribution chart, NOV ranks #528 out of 852 companies in the Oil & Gas industry, placing it in the top 62%.
Is NOV's Days Payable too high?
NOV's current Days Payable of 45.86 is 13% above median its 10-year median of 40.58. Over the past 10 years, this metric has ranged from a low of 25.74 to a high of 48.94. The Oil & Gas industry median Days Payable is 57.84. NOV's value of 45.86 is 20.7% below this industry median. Based on the distribution chart, NOV ranks #528 out of 852 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, NOV has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does NOV's Days Payable compare to AROC and WFRD?
According to the Oil & Gas industry distribution chart, NOV ranks #528 out of 852 companies for Days Payable. This places NOV in the lower half of its industry. The industry median Days Payable is 57.84. NOV's value of 45.86 is 20.7% below this benchmark. Historically, NOV's own Days Payable has ranged from 25.74 to 48.94 over the past decade. While the company's 10-year median is 40.58 vs. the industry median of 57.84, NOV 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 57.84, based on 852 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. NOV's current Days Payable of 45.86 is 20.7% 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 NOV and its competitors. For the Oil & Gas industry, the median Days Payable is 57.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOV's current Days Payable is 45.86, which is 13% above median its own 10-year median of 40.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOV stock overvalued right now?
NOV (MEX:NOV) has a current Days Payable of 45.86. The stock's GF Value™ is MXN314.69, compared to a current price of MXN313.00 — trading 0.5% below its estimated fair value. The current Days Payable is 45.86, which is 13% above median its 10-year median of 40.58 and 20.7% below the Oil & Gas industry median of 57.84. NOV's overall GF Score™ is 72/100 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 NOV (MEX:NOV), the current Days Payable is 45.86 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 NOV (MEX:NOV) Overvalued in 2026?
Based on GuruFocus' analysis, NOV stock appears to be undervalued.
The current stock price of MXN313.00 is trading 0.5% below its estimated GF Value™ of MXN314.69.
Key valuation signals for MEX:NOV:
Days Payable: 45.86 (13% above median its 10-year median of 40.58)
GF Value™: MXN314.69 vs. price of MXN313.00 (0.5% below fair value)
Industry Position: 20.7% below the Oil & Gas median (#528 of 852)
No single metric tells the full story. See the MEX:NOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NOV (formerly National Oilwell Varco) designs, manufactures, and sells a wide range of equipment and components supplying the oil and gas industry, including rig equipment, downhole tools, drill pipe, and well casing. NOV's customers include major integrated oil companies, national oil companies, independent oil and gas companies, and drilling contractors. Its operations are organized into two reportable segments: energy products and services and energy equipment. NOV operates on a global scale, with international markets contributing nearly two-thirds of its annual revenue.
72GF Score
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