Sable Offshore (MIL:1SOC) Days Payable: 724.42 (As of Mar. 2026) — 118% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:1SOC Sable Offshore Corp MIL:1SOC
2 GF Score
Price €3.86
! 4 Warning Signs
View Full Analysis

What is Sable Offshore Days Payable?

Sable Offshore MIL:1SOC +13.85% 2 Days Payable is 724.42 as of Mar. 2026, which is 118% above its 10-year median of 331.82. GuruFocus rates MIL:1SOC with a GF Score™ of 2/100. The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, Sable Offshore ranks better than 96.24% on this metric.

Sable Offshore's average Accounts Payable for the three months ended in Mar. 2026 was €27.06 Mil. Sable Offshore's Cost of Goods Sold for the three months ended in Mar. 2026 was €3.41 Mil. Hence, Sable Offshore's Days Payable for the three months ended in Mar. 2026 was 724.42.

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

MIL:1SOC' s Days Payable Range Over the Past 10 Years
Min: 68.26   Med: 331.82   Max: 1239.5
Current: 1239.5

During the past 6 years, Sable Offshore's highest Days Payable was 1239.50. The lowest was 68.26. And the median was 331.82.

MIL:1SOC's Days Payable is ranked better than
96.24% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs MIL:1SOC: 1239.50

Sable Offshore's Days Payable declined from Mar. 2025 (1,109.27) to Mar. 2026 (724.42). It may suggest that Sable Offshore accelerated paying its suppliers.


Sable Offshore Days Payable Historical Data

* Premium members only.

The historical data trend for Sable Offshore'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.

Sable Offshore Days Payable Chart

Sable Offshore Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 0.00 0.00 69.43 0.00 623.54

Sable Offshore 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 1,109.27 1,754.84 1,631.92 1,041.74 724.42

MIL:1SOC vs NBR, BORR, VTDRF: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Sable Offshore'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.


Sable Offshore Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Sable Offshore's Days Payable falls into.


MIL:1SOC
2GF Score
Sable Offshore Corp MIL:1SOC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sable Offshore 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.

Sable Offshore'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
=( (16.05 + 21.554) / 2 ) / 11.006*365
=18.802 / 11.006*365
=623.54

Sable Offshore'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
=( (21.554 + 32.573) / 2 ) / 3.409*365 / 4
=27.0635 / 3.409*365 / 4
=724.42

* 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 724.42 mean?
Sable Offshore (MIL:1SOC) has a Days Payable of 724.42 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 Sable Offshore and its competitors. This is 118% above median its historical median of 331.82. Over the past decade, Sable Offshore's Days Payable has ranged from 68.26 to 1,239.50. According to the industry distribution chart, Sable Offshore ranks #32 out of 851 companies in the Oil & Gas industry, placing it in the top 3.8%.
Is Sable Offshore's Days Payable too high?
Sable Offshore's current Days Payable of 724.42 is 118% above median its 10-year median of 331.82. Over the past 10 years, this metric has ranged from a low of 68.26 to a high of 1,239.50. The Oil & Gas industry median Days Payable is 57.95. Sable Offshore's value of 724.42 is 1150.1% above this industry median. Based on the distribution chart, Sable Offshore ranks #32 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Sable Offshore has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Sable Offshore's Days Payable compare to NBR and BORR?
According to the Oil & Gas industry distribution chart, Sable Offshore ranks #32 out of 851 companies for Days Payable. This places Sable Offshore in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Sable Offshore's value of 724.42 is 1150.1% above this benchmark. Historically, Sable Offshore's own Days Payable has ranged from 68.26 to 1,239.50 over the past decade. While the company's 10-year median is 331.82 vs. the industry median of 57.95, Sable Offshore 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. Sable Offshore's current Days Payable of 724.42 is 1150.1% 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 Sable Offshore 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. Sable Offshore's current Days Payable is 724.42, which is 118% above median its own 10-year median of 331.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sable Offshore stock overvalued right now?
Sable Offshore (MIL:1SOC) has a current Days Payable of 724.42. The current Days Payable is 724.42, which is 118% above median its 10-year median of 331.82 and 1150.1% above the Oil & Gas industry median of 57.95. Sable Offshore's overall GF Score™ is 2/100 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 Sable Offshore (MIL:1SOC), the current Days Payable is 724.42 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.

Sable Offshore Business Description

Industry EnergyOil & Gas
Other Exchanges SOC:USAZ2M:Germany
Address 845 Texas Avenue, Suite 2920, Houston, TX, USA, 77002
Sable Offshore Corp is a Houston-based independent upstream company focused on developing the Santa Ynez Unit in federal waters offshore California. The company operates as one reportable oil and gas segment and is engaged in the acquisition, development, exploration, and production of oil and natural gas.
2GF Score

Get the complete analysis for MIL:1SOC

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

€3.86
Price