Oceana Group (NAM:OCG) Days Payable: 58.34 (As of Mar. 2026) — 24% Below Median


NAM:OCG Oceana Group Ltd NAM:OCG
85 GF Score
Price R67.04
GF Value R65.20
Valuation Fairly Valued
! 10 Warning Signs
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What is Oceana Group Days Payable?

Oceana Group NAM:OCG -0.10% 85 Days Payable is 58.34 as of Mar. 2026, which is 24% below its 10-year median of 76.61. GuruFocus rates NAM:OCG with a GF Score™ of 85/100 and a GF Value™ of R65.20 (Fairly Valued). The stock has 10 warning signs investors should review. Among 1,882 Consumer Packaged Goods companies, Oceana Group ranks better than 72.21% on this metric.

Oceana Group's average Accounts Payable for the six months ended in Mar. 2026 was R1,121 Mil. Oceana Group's Cost of Goods Sold for the six months ended in Mar. 2026 was R3,505 Mil. Hence, Oceana Group's Days Payable for the six months ended in Mar. 2026 was 58.34.

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

NAM:OCG' s Days Payable Range Over the Past 10 Years
Min: 51.18   Med: 76.61   Max: 99.16
Current: 70.52

During the past 13 years, Oceana Group's highest Days Payable was 99.16. The lowest was 51.18. And the median was 76.61.

NAM:OCG's Days Payable is ranked better than
72.21% of 1882 companies
in the Consumer Packaged Goods industry
Industry Median: 44.145 vs NAM:OCG: 70.52

Oceana Group's Days Payable declined from Mar. 2025 (85.30) to Mar. 2026 (58.34). It may suggest that Oceana Group accelerated paying its suppliers.


Oceana Group Days Payable Historical Data

* Premium members only.

The historical data trend for Oceana Group'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.

Oceana Group Days Payable Chart

Oceana Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.19 82.00 79.51 85.03 71.50

Oceana Group Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 83.64 83.42 85.30 77.12 58.34

NAM:OCG vs KHC, GIS, HRL: Days Payable Comparison

For the Packaged Foods subindustry, Oceana Group'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.


Oceana Group Days Payable vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oceana Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Oceana Group's Days Payable falls into.


NAM:OCG
85GF Score
Oceana Group Ltd NAM:OCG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Oceana Group 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.

Oceana Group's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (1696 + 1132) / 2 ) / 7218*365
=1414 / 7218*365
=71.50

Oceana Group'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: Sep. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1132 + 1109) / 2 ) / 3505*365 / 2
=1120.5 / 3505*365 / 2
=58.34

* 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 58.34 mean?
Oceana Group (NAM:OCG) has a Days Payable of 58.34 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 Oceana Group and its competitors. This is 24% below median its historical median of 76.61. Over the past decade, Oceana Group's Days Payable has ranged from 51.18 to 99.16. According to the industry distribution chart, Oceana Group ranks #523 out of 1882 companies in the Consumer Packaged Goods industry, placing it in the top 27.8%.
Is Oceana Group's Days Payable too high?
Oceana Group's current Days Payable of 58.34 is 24% below median its 10-year median of 76.61. Over the past 10 years, this metric has ranged from a low of 51.18 to a high of 99.16. The Consumer Packaged Goods industry median Days Payable is 44.15. Oceana Group's value of 58.34 is 32.2% above this industry median. Based on the distribution chart, Oceana Group ranks #523 out of 1882 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Oceana Group has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Oceana Group's Days Payable compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Oceana Group ranks #523 out of 1882 companies for Days Payable. This puts Oceana Group in the upper half of its industry. The industry median Days Payable is 44.15. Oceana Group's value of 58.34 is 32.2% above this benchmark. Historically, Oceana Group's own Days Payable has ranged from 51.18 to 99.16 over the past decade. While the company's 10-year median is 76.61 vs. the industry median of 44.15, Oceana Group 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 a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,882 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. Oceana Group's current Days Payable of 58.34 is 32.2% 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 Oceana Group and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceana Group's current Days Payable is 58.34, which is 24% below median its own 10-year median of 76.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceana Group stock overvalued right now?
Based on GuruFocus' analysis, Oceana Group (NAM:OCG) is currently considered Fairly Valued. The stock's GF Value™ is R65.20, compared to a current price of R67.04 — trading 2.8% above its estimated fair value. The current Days Payable is 58.34, which is 24% below median its 10-year median of 76.61 and 32.2% above the Consumer Packaged Goods industry median of 44.15. Oceana Group's overall GF Score™ is 85/100 with 10 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 Oceana Group (NAM:OCG), the current Days Payable is 58.34 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 Oceana Group (NAM:OCG) Overvalued in 2026?

Based on GuruFocus' analysis, Oceana Group stock appears to be overvalued. The current stock price of R67.04 is trading 2.8% above its estimated GF Value™ of R65.20. GuruFocus considers Oceana Group to be Fairly Valued.

Key valuation signals for NAM:OCG:

  • Days Payable: 58.34 (24% below median its 10-year median of 76.61)
  • GF Value™: R65.20 vs. price of R67.04 (2.8% above fair value)
  • GF Score™: 85/100 with 10 warning signs
  • Industry Position: 32.2% above the Consumer Packaged Goods median (#523 of 1882)

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


Oceana Group Business Description

Other Exchanges OCE:South Africa
Address 25 Jan Smuts Street, 9th Floor, Oceana House, Foreshore, Cape Town, WC, ZAF, 8001
Oceana Group Ltd is a diversified, international fish and food company engaged in the responsible catching, procuring, processing, marketing and distribution of fish and food products. Its products and services include canned fish (notably pilchards), other canned foods such as tuna, sardines and canned meats, fishmeal and fish oil for the aquaculture, animal feed and pet food industries, as well as wild-caught seafood including horse mackerel, hake, squid and lobster. The Group operates through three main segments: Lucky Star Foods, Fishmeal and Fish Oil, and Wild Caught Seafood, with the majority of its revenue generated from the Lucky Star Foods segment. Geographically, the Group operates in South Africa, Namibia, other parts of Africa, Europe, the Americas and the Far East.
85GF Score

Get the complete analysis for NAM:OCG

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

R67.04
Price
R65.20
GF Value