NZERF (New Zealand Energy) Days Payable: 234.42 (As of Sep. 2025) — 149% Above Median


NZERF New Zealand Energy Corp NZERF
29 GF Score
Price $0.28
GF Value $0.05
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is New Zealand Energy Days Payable?

New Zealand Energy NZERF -6.47% 29 Days Payable is 234.42 as of Sep. 2025, which is 149% above its 10-year median of 94.26. GuruFocus rates NZERF with a GF Score™ of 29/100 and a GF Value™ of $0.05 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, New Zealand Energy ranks better than 85.31% on this metric.

New Zealand Energy's average Accounts Payable for the three months ended in Sep. 2025 was $1.58 Mil. New Zealand Energy's Cost of Goods Sold for the three months ended in Sep. 2025 was $0.62 Mil. Hence, New Zealand Energy's Days Payable for the three months ended in Sep. 2025 was 234.42.

The historical rank and industry rank for New Zealand Energy's Days Payable or its related term are showing as below:

NZERF' s Days Payable Range Over the Past 10 Years
Min: 49.81   Med: 94.26   Max: 205.34
Current: 205.34

During the past 13 years, New Zealand Energy's highest Days Payable was 205.34. The lowest was 49.81. And the median was 94.26.

NZERF's Days Payable is ranked better than
85.31% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs NZERF: 205.34

New Zealand Energy's Days Payable increased from Sep. 2024 (199.55) to Sep. 2025 (234.42). It may suggest that New Zealand Energy delayed paying its suppliers.


New Zealand Energy Days Payable Historical Data

* Premium members only.

The historical data trend for New Zealand Energy'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.

New Zealand Energy Days Payable Chart

New Zealand Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.32 79.52 174.71 178.97 188.84

New Zealand Energy Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 199.55 257.32 237.27 153.39 234.42

NZERF vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, New Zealand Energy'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.


New Zealand Energy Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where New Zealand Energy's Days Payable falls into.


NZERF
29GF Score
New Zealand Energy Corp NZERF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Zealand Energy 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.

New Zealand Energy's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.719 + 0.919) / 2 ) / 1.583*365
=0.819 / 1.583*365
=188.84

New Zealand Energy's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (1.873 + 1.292) / 2 ) / 0.616*365 / 4
=1.5825 / 0.616*365 / 4
=234.42

* 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 234.42 mean?
New Zealand Energy (NZERF) has a Days Payable of 234.42 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on New Zealand Energy and its competitors. This is 149% above median its historical median of 94.26. Over the past decade, New Zealand Energy's Days Payable has ranged from 49.81 to 205.34. According to the industry distribution chart, New Zealand Energy ranks #125 out of 851 companies in the Oil & Gas industry, placing it in the top 14.7%.
Is New Zealand Energy's Days Payable too high?
New Zealand Energy's current Days Payable of 234.42 is 149% above median its 10-year median of 94.26. Over the past 10 years, this metric has ranged from a low of 49.81 to a high of 205.34. The Oil & Gas industry median Days Payable is 57.95. New Zealand Energy's value of 234.42 is 304.5% above this industry median. Based on the distribution chart, New Zealand Energy ranks #125 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, New Zealand Energy has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Zealand Energy's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, New Zealand Energy ranks #125 out of 851 companies for Days Payable. This places New Zealand Energy in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. New Zealand Energy's value of 234.42 is 304.5% above this benchmark. Historically, New Zealand Energy's own Days Payable has ranged from 49.81 to 205.34 over the past decade. While the company's 10-year median is 94.26 vs. the industry median of 57.95, New Zealand Energy 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 57.95, based on 851 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. New Zealand Energy's current Days Payable of 234.42 is 304.5% 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 New Zealand Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Zealand Energy's current Days Payable is 234.42, which is 149% above median its own 10-year median of 94.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Zealand Energy stock overvalued right now?
Based on GuruFocus' analysis, New Zealand Energy (NZERF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.28 — trading 461.2% above its estimated fair value. The current Days Payable is 234.42, which is 149% above median its 10-year median of 94.26 and 304.5% above the Oil & Gas industry median of 57.95. New Zealand Energy's overall GF Score™ is 29/100 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 New Zealand Energy (NZERF), the current Days Payable is 234.42 as of Sep. 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 New Zealand Energy (NZERF) Overvalued in 2026?

Based on GuruFocus' analysis, New Zealand Energy stock appears to be overvalued. The current stock price of $0.28 is trading 461.2% above its estimated GF Value™ of $0.05. GuruFocus considers New Zealand Energy to be Significantly Overvalued.

Key valuation signals for NZERF:

  • Days Payable: 234.42 (149% above median its 10-year median of 94.26)
  • GF Value™: $0.05 vs. price of $0.28 (461.2% above fair value)
  • GF Score™: 29/100 with 4 warning signs
  • Industry Position: 304.5% above the Oil & Gas median (#125 of 851)

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


New Zealand Energy Business Description

Industry EnergyOil & Gas
Other Exchanges NZ:Canada
Address 11 Young Street, New Plymouth, NZL, 4312
New Zealand Energy Corp is engaged in the exploration and production of oil and natural gas, as well as the operation of midstream assets. The company conducts its business as a single operating segment being the acquisition, exploration, development, and production of conventional oil and natural gas resources. Geographically, it operates through the region of New Zealand. It generates a majority of its revenues from Oil sales.
29GF Score

Get the complete analysis for NZERF

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

$0.28
Price
$0.05
GF Value