Aradel Holdings (NSA:ARADEL) Days Payable: 342.49 (As of Mar. 2026) — 469% Above Median


NSA:ARADEL Aradel Holdings PLC NSA:ARADEL
16 GF Score
Price ₦1,275.80
! 7 Warning Signs
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What is Aradel Holdings Days Payable?

Aradel Holdings NSA:ARADEL 16 Days Payable is 342.49 as of Mar. 2026, which is 469% above its 10-year median of 60.20. GuruFocus rates NSA:ARADEL with a GF Score™ of 16/100. The stock has 7 warning signs investors should review. Among 853 Oil & Gas companies, Aradel Holdings ranks better than 91.21% on this metric.

Aradel Holdings's average Accounts Payable for the three months ended in Mar. 2026 was ₦1,754,855 Mil. Aradel Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was ₦467,551 Mil. Hence, Aradel Holdings's Days Payable for the three months ended in Mar. 2026 was 342.49.

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

NSA:ARADEL' s Days Payable Range Over the Past 10 Years
Min: 55.51   Med: 60.2   Max: 1307.1
Current: 353.12

During the past 3 years, Aradel Holdings's highest Days Payable was 1307.10. The lowest was 55.51. And the median was 60.20.

NSA:ARADEL's Days Payable is ranked better than
91.21% of 853 companies
in the Oil & Gas industry
Industry Median: 57.73 vs NSA:ARADEL: 353.12

Aradel Holdings's Days Payable increased from Mar. 2025 (15.36) to Mar. 2026 (342.49). It may suggest that Aradel Holdings delayed paying its suppliers.


Aradel Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Aradel 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.

Aradel Holdings Days Payable Chart

Aradel Holdings Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
60.20 55.51 1,307.10

Aradel Holdings Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.36 9.15 38.68 1,173.66 342.49

NSA:ARADEL vs XOM, CVX: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Aradel 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.


Aradel Holdings Days Payable vs Oil & Gas Industry

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

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


NSA:ARADEL
16GF Score
Aradel Holdings PLC NSA:ARADEL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Aradel 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.

Aradel 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
=( (33054.568 + 2665944.177) / 2 ) / 376840.704*365
=1349499.3725 / 376840.704*365
=1,307.10

Aradel 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
=( (2665944.177 + 843765.585) / 2 ) / 467551.008*365 / 4
=1754854.881 / 467551.008*365 / 4
=342.49

* 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 342.49 mean?
Aradel Holdings (NSA:ARADEL) has a Days Payable of 342.49 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 Aradel Holdings and its competitors. This is 469% above median its historical median of 60.20. Over the past decade, Aradel Holdings' Days Payable has ranged from 55.51 to 1,307.10. According to the industry distribution chart, Aradel Holdings ranks #75 out of 853 companies in the Oil & Gas industry, placing it in the top 8.8%.
Is Aradel Holdings' Days Payable too high?
Aradel Holdings' current Days Payable of 342.49 is 469% above median its 10-year median of 60.20. Over the past 10 years, this metric has ranged from a low of 55.51 to a high of 1,307.10. The Oil & Gas industry median Days Payable is 57.73. Aradel Holdings' value of 342.49 is 493.3% above this industry median. Based on the distribution chart, Aradel Holdings ranks #75 out of 853 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Aradel Holdings has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Aradel Holdings' Days Payable compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Aradel Holdings ranks #75 out of 853 companies for Days Payable. This places Aradel Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.73. Aradel Holdings' value of 342.49 is 493.3% above this benchmark. Historically, Aradel Holdings' own Days Payable has ranged from 55.51 to 1,307.10 over the past decade. While the company's 10-year median is 60.20 vs. the industry median of 57.73, Aradel Holdings 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 57.73, based on 853 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. Aradel Holdings's current Days Payable of 342.49 is 493.3% 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 Aradel Holdings and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aradel Holdings's current Days Payable is 342.49, which is 469% above median its own 10-year median of 60.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aradel Holdings stock overvalued right now?
Aradel Holdings (NSA:ARADEL) has a current Days Payable of 342.49. The current Days Payable is 342.49, which is 469% above median its 10-year median of 60.20 and 493.3% above the Oil & Gas industry median of 57.73. Aradel Holdings' overall GF Score™ is 16/100 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 Aradel Holdings (NSA:ARADEL), the current Days Payable is 342.49 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.

Aradel Holdings Business Description

Industry EnergyOil & Gas
Address 15 Babatunde Jose Road, Victoria Island, Lagos, NGA
Aradel Holdings PLC is an indigenous energy company in Nigeria. It engaged in the upstream, midstream, and downstream value chain of the oil and gas industry. Its operations include Energy Transition and Renewable Energy. The group's assets are OML 54, OML 53, OML 34, and OPL 227. The group's operations cover four segments: Crude Oil, Gas, Refinery & Investment Properties. The maximum revenue is from Crude Oil.
16GF Score

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