Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Days Payable: 35.44 (As of Mar. 2026) — Near Median


MUS:MHAS Al Maha Petroleum Products Marketing Co SAOG MUS:MHAS
95 GF Score
Price ر.ع1.14
GF Value ر.ع1.06
Valuation Fairly Valued
! 3 Warning Signs
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What is Al Maha Petroleum Products Marketing CoOG Days Payable?

Al Maha Petroleum Products Marketing CoOG MUS:MHAS 95 Days Payable is 35.44 as of Mar. 2026, which is 5% above its 10-year median of 33.67. GuruFocus rates MUS:MHAS with a GF Score™ of 95/100 and a GF Value™ of ر.ع1.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 849 Oil & Gas companies, Al Maha Petroleum Products Marketing CoOG ranks worse than 72.67% on this metric.

Al Maha Petroleum Products Marketing CoOG's average Accounts Payable for the three months ended in Mar. 2026 was ر.ع45.1 Mil. Al Maha Petroleum Products Marketing CoOG's Cost of Goods Sold for the three months ended in Mar. 2026 was ر.ع116.2 Mil. Hence, Al Maha Petroleum Products Marketing CoOG's Days Payable for the three months ended in Mar. 2026 was 35.44.

The historical rank and industry rank for Al Maha Petroleum Products Marketing CoOG's Days Payable or its related term are showing as below:

MUS:MHAS' s Days Payable Range Over the Past 10 Years
Min: 29.47   Med: 33.67   Max: 39.24
Current: 33.36

During the past 13 years, Al Maha Petroleum Products Marketing CoOG's highest Days Payable was 39.24. The lowest was 29.47. And the median was 33.67.

MUS:MHAS's Days Payable is ranked worse than
72.67% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs MUS:MHAS: 33.36

Al Maha Petroleum Products Marketing CoOG's Days Payable increased from Mar. 2025 (35.17) to Mar. 2026 (35.44). It may suggest that Al Maha Petroleum Products Marketing CoOG delayed paying its suppliers.


Al Maha Petroleum Products Marketing CoOG Days Payable Related Terms


Al Maha Petroleum Products Marketing CoOG Days Payable Historical Data

* Premium members only.

The historical data trend for Al Maha Petroleum Products Marketing CoOG'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.

Al Maha Petroleum Products Marketing CoOG Days Payable Chart

Al Maha Petroleum Products Marketing CoOG 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 34.03 32.48 34.52 32.37 34.09

Al Maha Petroleum Products Marketing CoOG 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 35.17 33.65 31.92 32.48 35.44

MUS:MHAS vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Al Maha Petroleum Products Marketing CoOG'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.


Al Maha Petroleum Products Marketing CoOG Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Maha Petroleum Products Marketing CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Al Maha Petroleum Products Marketing CoOG's Days Payable falls into.


MUS:MHAS
95GF Score
Al Maha Petroleum Products Marketing Co SAOG MUS:MHAS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Al Maha Petroleum Products Marketing CoOG 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.

Al Maha Petroleum Products Marketing CoOG'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
=( (43.72 + 45.302) / 2 ) / 476.539*365
=44.511 / 476.539*365
=34.09

Al Maha Petroleum Products Marketing CoOG'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
=( (45.302 + 44.959) / 2 ) / 116.194*365 / 4
=45.1305 / 116.194*365 / 4
=35.44

* 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 35.44 mean?
Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) has a Days Payable of 35.44 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 Al Maha Petroleum Products Marketing CoOG and its competitors. This is near median its historical median of 33.67. Over the past decade, Al Maha Petroleum Products Marketing CoOG's Days Payable has ranged from 29.47 to 39.24. According to the industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #617 out of 849 companies in the Oil & Gas industry, placing it in the top 72.7%.
Is Al Maha Petroleum Products Marketing CoOG's Days Payable too high?
Al Maha Petroleum Products Marketing CoOG's current Days Payable of 35.44 is near median its 10-year median of 33.67. Over the past 10 years, this metric has ranged from a low of 29.47 to a high of 39.24. The Oil & Gas industry median Days Payable is 57.95. Al Maha Petroleum Products Marketing CoOG's value of 35.44 is 38.8% below this industry median. Based on the distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #617 out of 849 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Al Maha Petroleum Products Marketing CoOG has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Al Maha Petroleum Products Marketing CoOG's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Al Maha Petroleum Products Marketing CoOG ranks #617 out of 849 companies for Days Payable. This places Al Maha Petroleum Products Marketing CoOG in the lower half of its industry. The industry median Days Payable is 57.95. Al Maha Petroleum Products Marketing CoOG's value of 35.44 is 38.8% below this benchmark. Historically, Al Maha Petroleum Products Marketing CoOG's own Days Payable has ranged from 29.47 to 39.24 over the past decade. While the company's 10-year median is 33.67 vs. the industry median of 57.95, Al Maha Petroleum Products Marketing CoOG 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 849 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. Al Maha Petroleum Products Marketing CoOG's current Days Payable of 35.44 is 38.8% 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 Al Maha Petroleum Products Marketing CoOG 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. Al Maha Petroleum Products Marketing CoOG's current Days Payable is 35.44, which is near median its own 10-year median of 33.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al Maha Petroleum Products Marketing CoOG stock overvalued right now?
Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) is currently considered Fairly Valued. The stock's GF Value™ is ر.ع1.06, compared to a current price of ر.ع1.14 — trading 7.5% above its estimated fair value. The current Days Payable is 35.44, which is near median its 10-year median of 33.67 and 38.8% below the Oil & Gas industry median of 57.95. Al Maha Petroleum Products Marketing CoOG's overall GF Score™ is 95/100 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS), the current Days Payable is 35.44 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 Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Overvalued in 2026?

Based on GuruFocus' analysis, Al Maha Petroleum Products Marketing CoOG stock appears to be overvalued. The current stock price of ر.ع1.14 is trading 7.5% above its estimated GF Value™ of ر.ع1.06. GuruFocus considers Al Maha Petroleum Products Marketing CoOG to be Fairly Valued.

Key valuation signals for MUS:MHAS:

  • Days Payable: 35.44 (near median its 10-year median of 33.67)
  • GF Value™: ر.ع1.06 vs. price of ر.ع1.14 (7.5% above fair value)
  • GF Score™: 95/100 with 3 warning signs
  • Industry Position: 38.8% below the Oil & Gas median (#617 of 849)

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


Al Maha Petroleum Products Marketing CoOG Business Description

Industry EnergyOil & Gas
Address Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116
Al Maha Petroleum Products Marketing Co SAOG engaged in strategic marketing and distributing a diverse range of petroleum products, including Gasoline (M91 & M95), diesel, aviation fuel, kerosene, and lubricants. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, Aviation, Non-Fuel Revenue and Lubricant. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.
95GF Score

Get the complete analysis for MUS:MHAS

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

ر.ع1.14
Price
ر.ع1.06
GF Value