NCSM (NCS Multistage Holdings) Days Payable: 29.96 (As of Mar. 2026) — Near Median


NCSM NCS Multistage Holdings Inc NCSM
64 GF Score
Price $44.23
GF Value $25.97
Valuation Significantly Overvalued
! 4 Warning Signs
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What is NCS Multistage Holdings Days Payable?

NCS Multistage Holdings NCSM +0.25% 64 Days Payable is 29.96 as of Mar. 2026, which is 9% above its 10-year median of 27.61. GuruFocus rates NCSM with a GF Score™ of 64/100 and a GF Value™ of $25.97 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 852 Oil & Gas companies, NCS Multistage Holdings ranks worse than 76.06% on this metric.

NCS Multistage Holdings's average Accounts Payable for the three months ended in Mar. 2026 was $9.5 Mil. NCS Multistage Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was $29.1 Mil. Hence, NCS Multistage Holdings's Days Payable for the three months ended in Mar. 2026 was 29.96.

The historical rank and industry rank for NCS Multistage Holdings's Days Payable or its related term are showing as below:

NCSM' s Days Payable Range Over the Past 10 Years
Min: 21.14   Med: 27.61   Max: 35.79
Current: 31.32

During the past 11 years, NCS Multistage Holdings's highest Days Payable was 35.79. The lowest was 21.14. And the median was 27.61.

NCSM's Days Payable is ranked worse than
76.06% of 852 companies
in the Oil & Gas industry
Industry Median: 57.84 vs NCSM: 31.32

NCS Multistage Holdings's Days Payable declined from Mar. 2025 (32.02) to Mar. 2026 (29.96). It may suggest that NCS Multistage Holdings accelerated paying its suppliers.


NCS Multistage Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for NCS Multistage Holdings'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.

NCS Multistage Holdings Days Payable Chart

NCS Multistage Holdings 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 30.47 27.59 27.48 27.62 27.97

NCS Multistage Holdings 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 32.02 39.92 28.53 24.16 29.96

NCSM vs QSEP, GEOS, STAK: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, NCS Multistage Holdings'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.


NCS Multistage Holdings Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where NCS Multistage Holdings's Days Payable falls into.


NCSM
64GF Score
NCS Multistage Holdings Inc NCSM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NCS Multistage Holdings 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.

NCS Multistage Holdings'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
=( (8.97 + 8.517) / 2 ) / 114.086*365
=8.7435 / 114.086*365
=27.97

NCS Multistage Holdings'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
=( (8.517 + 10.567) / 2 ) / 29.061*365 / 4
=9.542 / 29.061*365 / 4
=29.96

* 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 29.96 mean?
NCS Multistage Holdings (NCSM) has a Days Payable of 29.96 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 NCS Multistage Holdings and its competitors. This is near median its historical median of 27.61. Over the past decade, NCS Multistage Holdings' Days Payable has ranged from 21.14 to 35.79. According to the industry distribution chart, NCS Multistage Holdings ranks #648 out of 852 companies in the Oil & Gas industry, placing it in the top 76.1%.
Is NCS Multistage Holdings' Days Payable too high?
NCS Multistage Holdings' current Days Payable of 29.96 is near median its 10-year median of 27.61. Over the past 10 years, this metric has ranged from a low of 21.14 to a high of 35.79. The Oil & Gas industry median Days Payable is 57.84. NCS Multistage Holdings' value of 29.96 is 48.2% below this industry median. Based on the distribution chart, NCS Multistage Holdings ranks #648 out of 852 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NCS Multistage Holdings has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NCS Multistage Holdings' Days Payable compare to QSEP and GEOS?
According to the Oil & Gas industry distribution chart, NCS Multistage Holdings ranks #648 out of 852 companies for Days Payable. This places NCS Multistage Holdings in the lower half of its industry. The industry median Days Payable is 57.84. NCS Multistage Holdings' value of 29.96 is 48.2% below this benchmark. Historically, NCS Multistage Holdings' own Days Payable has ranged from 21.14 to 35.79 over the past decade. While the company's 10-year median is 27.61 vs. the industry median of 57.84, NCS Multistage Holdings 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. NCS Multistage Holdings's current Days Payable of 29.96 is 48.2% 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 NCS Multistage Holdings 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. NCS Multistage Holdings's current Days Payable is 29.96, which is near median its own 10-year median of 27.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCS Multistage Holdings stock overvalued right now?
Based on GuruFocus' analysis, NCS Multistage Holdings (NCSM) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.97, compared to a current price of $44.23 — trading 70.3% above its estimated fair value. The current Days Payable is 29.96, which is near median its 10-year median of 27.61 and 48.2% below the Oil & Gas industry median of 57.84. NCS Multistage Holdings' overall GF Score™ is 64/100 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 NCS Multistage Holdings (NCSM), the current Days Payable is 29.96 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 NCS Multistage Holdings (NCSM) Overvalued in 2026?

Based on GuruFocus' analysis, NCS Multistage Holdings stock appears to be overvalued. The current stock price of $44.23 is trading 70.3% above its estimated GF Value™ of $25.97. GuruFocus considers NCS Multistage Holdings to be Significantly Overvalued.

Key valuation signals for NCSM:

  • Days Payable: 29.96 (near median its 10-year median of 27.61)
  • GF Value™: $25.97 vs. price of $44.23 (70.3% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 48.2% below the Oil & Gas median (#648 of 852)

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


NCS Multistage Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges MUH0:Germany
Address 19350 State Highway 249, Suite 600, Houston, TX, USA, 77070
NCS Multistage Holdings Inc is a provider of engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completion, and field development strategies. The company provides its products and services to E&P companies for use in onshore and offshore wells, predominantly those drilled with horizontal laterals in unconventional and conventional oil and natural gas formations. It also provides tracer diagnostics services and sells products for well construction including casing buoyancy systems, liner hanger systems and toe initiation sleeves, along with certain complementary products from third parties. The company operates in the United States, Canada and other countries, with the majority of its revenue generated from Canada.
64GF Score

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

$44.23
Price
$25.97
GF Value