National Gas CoOGMUS:NGCI 37 Days Payable is 18.29 as of Dec. 2025, which is 17% below its 10-year median of 21.93. GuruFocus rates MUS:NGCI with a GF Score™ of 37/100 and a GF Value™ of ر.ع0.09 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 481 Utilities - Regulated companies, National Gas CoOG ranks worse than 92.93% on this metric.
The historical rank and industry rank for National Gas CoOG's Days Payable or its related term are showing as below:
MUS:NGCI'
s Days Payable Range Over the Past 10 Years
Min: 7.62 Med: 21.93 Max: 28.2
Current: 18.91
During the past 13 years, National Gas CoOG's highest Days Payable was 28.20. The lowest was 7.62. And the median was 21.93.
MUS:NGCI's Days Payable is ranked worse than 92.93% of 481
companies
in the Utilities - Regulated industry
Industry Median: 70.35
vs MUS:NGCI: 18.91
National Gas CoOG's Days Payable
declined
from Dec. 2024 (25.03) to Dec. 2025 (18.29).
It may suggest that National Gas CoOGaccelerated paying its suppliers.
National Gas CoOG Days Payable Related Terms
National Gas CoOG Days Payable Historical Data
* Premium members only.
The historical data trend for National Gas 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.
For the Utilities - Regulated Gas subindustry, National Gas 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.
National Gas CoOG Days Payable vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Gas CoOG's Days Payable distribution charts can be found below:
* The bar in red indicates where National Gas CoOG'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.
National Gas CoOG'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.
National Gas CoOG (MUS:NGCI) has a Days Payable of 18.29 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 National Gas CoOG and its competitors. This is 17% below median its historical median of 21.93. Over the past decade, National Gas CoOG's Days Payable has ranged from 7.62 to 28.20. According to the industry distribution chart, National Gas CoOG ranks #447 out of 481 companies in the Utilities - Regulated industry, placing it in the top 92.9%.
Is National Gas CoOG's Days Payable too high?
National Gas CoOG's current Days Payable of 18.29 is 17% below median its 10-year median of 21.93. Over the past 10 years, this metric has ranged from a low of 7.62 to a high of 28.20. The Utilities - Regulated industry median Days Payable is 70.35. National Gas CoOG's value of 18.29 is 74% below this industry median. Based on the distribution chart, National Gas CoOG ranks #447 out of 481 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, National Gas CoOG has a GF Score™ of 37/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Gas CoOG's Days Payable compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, National Gas CoOG ranks #447 out of 481 companies for Days Payable. This places National Gas CoOG in the lower half of its industry. The industry median Days Payable is 70.35. National Gas CoOG's value of 18.29 is 74% below this benchmark. Historically, National Gas CoOG's own Days Payable has ranged from 7.62 to 28.20 over the past decade. While the company's 10-year median is 21.93 vs. the industry median of 70.35, National Gas 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 Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 481 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. National Gas CoOG's current Days Payable of 18.29 is 74% 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 National Gas CoOG and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Gas CoOG's current Days Payable is 18.29, which is 17% below median its own 10-year median of 21.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Gas CoOG stock overvalued right now?
Based on GuruFocus' analysis, National Gas CoOG (MUS:NGCI) is currently considered Modestly Overvalued. The stock's GF Value™ is ر.ع0.09, compared to a current price of ر.ع0.11 — trading 22.2% above its estimated fair value. The current Days Payable is 18.29, which is 17% below median its 10-year median of 21.93 and 74% below the Utilities - Regulated industry median of 70.35. National Gas CoOG's overall GF Score™ is 37/100 with 7 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 National Gas CoOG (MUS:NGCI), the current Days Payable is 18.29 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 National Gas CoOG (MUS:NGCI) Overvalued in 2026?
Based on GuruFocus' analysis, National Gas CoOG stock appears to be overvalued.
The current stock price of ر.ع0.11 is trading 22.2% above its estimated GF Value™ of ر.ع0.09.
GuruFocus considers National Gas CoOG to be Modestly Overvalued.
Key valuation signals for MUS:NGCI:
Days Payable: 18.29 (17% below median its 10-year median of 21.93)
GF Value™: ر.ع0.09 vs. price of ر.ع0.11 (22.2% above fair value)
Industry Position: 74% below the Utilities - Regulated median (#447 of 481)
No single metric tells the full story. See the MUS:NGCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Gas Co SAOG operates as a Liquefied Petroleum Gas filling plant. The company is engaged in the marketing, selling, and distribution of LPG. The group's only business segment is the marketing and selling of LPG. It operates a large fleet of tankers to lift bulk LPG from refineries in the Sultanate to its plants where it is bottled into cylinders in safe and controlled conditions. The company has different sizes of tankers to meet customer demand and reduce distribution costs. The company has different departments for project and design which takes care of design, engineering, procurement, installation, commissioning and testing of all projects and post-sale services.
37GF Score
Get the complete analysis for MUS:NGCI
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MUS:NGCI has been successfully added to your 
