* 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.
NSE:CONFIPET vs VLO, MPC, PSX: Days Payable Comparison
For the Oil & Gas Refining & Marketing subindustry, Confidence Petroleum India'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.
Confidence Petroleum India Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Confidence Petroleum India's Days Payable distribution charts can be found below:
* The bar in red indicates where Confidence Petroleum India's Days Payable falls into.
Confidence Petroleum India 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.
* 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.
Confidence Petroleum India (NSE:CONFIPET) has a Days Payable of 9.28 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 Confidence Petroleum India and its competitors. This is 13% below median its historical median of 10.71. Over the past decade, Confidence Petroleum India's Days Payable has ranged from 3.92 to 25.09. According to the industry distribution chart, Confidence Petroleum India ranks #815 out of 854 companies in the Oil & Gas industry, placing it in the top 95.4%.
Is Confidence Petroleum India's Days Payable too high?
Confidence Petroleum India's current Days Payable of 9.28 is 13% below median its 10-year median of 10.71. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 25.09. The Oil & Gas industry median Days Payable is 57.15. Confidence Petroleum India's value of 9.28 is 83.8% below this industry median. Based on the distribution chart, Confidence Petroleum India ranks #815 out of 854 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Confidence Petroleum India has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Confidence Petroleum India's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Confidence Petroleum India ranks #815 out of 854 companies for Days Payable. This places Confidence Petroleum India in the lower half of its industry. The industry median Days Payable is 57.15. Confidence Petroleum India's value of 9.28 is 83.8% below this benchmark. Historically, Confidence Petroleum India's own Days Payable has ranged from 3.92 to 25.09 over the past decade. While the company's 10-year median is 10.71 vs. the industry median of 57.15, Confidence Petroleum India 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 57.15, based on 854 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. Confidence Petroleum India's current Days Payable of 9.28 is 83.8% 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 Confidence Petroleum India and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Petroleum India's current Days Payable is 9.28, which is 13% below median its own 10-year median of 10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Petroleum India stock overvalued right now?
Based on GuruFocus' analysis, Confidence Petroleum India (NSE:CONFIPET) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹125.68, compared to a current price of ₹71.47 — trading 43.1% below its estimated fair value. The current Days Payable is 9.28, which is 13% below median its 10-year median of 10.71 and 83.8% below the Oil & Gas industry median of 57.15. Confidence Petroleum India's overall GF Score™ is 85/100 with 8 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 Confidence Petroleum India (NSE:CONFIPET), the current Days Payable is 9.28 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 Confidence Petroleum India (NSE:CONFIPET) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Petroleum India stock appears to be undervalued.
The current stock price of ₹71.47 is trading 43.1% below its estimated GF Value™ of ₹125.68.
GuruFocus considers Confidence Petroleum India to be Significantly Undervalued.
Key valuation signals for NSE:CONFIPET:
Days Payable: 9.28 (13% below median its 10-year median of 10.71)
GF Value™: ₹125.68 vs. price of ₹71.47 (43.1% below fair value)
Industry Position: 83.8% below the Oil & Gas median (#815 of 854)
No single metric tells the full story. See the NSE:CONFIPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Petroleum India Ltd is an Indian manufacturer of LPG (liquefied petroleum gas) Cylinders. The company provides CNG (Compressed Natural Gas) and high-pressure cylinders, LPG cylinders, LPG bottling services, and others. Its segments are the Cylinder Division and LPG Division, of which key revenue is derived from the LPG Division which involves LPG marketing and bottling business and other related activities.
85GF Score
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