OMEX (Odyssey Marine Exploration) Days Payable: 155.10 (As of Mar. 2026) — 47% Above Median


OMEX Odyssey Marine Exploration Inc OMEX
14 GF Score
Price $0.91
GF Value $0.36
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Odyssey Marine Exploration Days Payable?

Odyssey Marine Exploration OMEX +7.12% 14 Days Payable is 155.10 as of Mar. 2026, which is 47% above its 10-year median of 105.22. GuruFocus rates OMEX with a GF Score™ of 14/100 and a GF Value™ of $0.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,064 Metals & Mining companies, Odyssey Marine Exploration ranks worse than 53.2% on this metric.

Odyssey Marine Exploration's average Accounts Payable for the three months ended in Mar. 2026 was $1.16 Mil. Odyssey Marine Exploration's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.68 Mil. Hence, Odyssey Marine Exploration's Days Payable for the three months ended in Mar. 2026 was 155.10.

The historical rank and industry rank for Odyssey Marine Exploration's Days Payable or its related term are showing as below:

OMEX' s Days Payable Range Over the Past 10 Years
Min: 62.7   Med: 105.22   Max: 255.72
Current: 107.46

During the past 13 years, Odyssey Marine Exploration's highest Days Payable was 255.72. The lowest was 62.70. And the median was 105.22.

OMEX's Days Payable is ranked worse than
53.2% of 1064 companies
in the Metals & Mining industry
Industry Median: 127.62 vs OMEX: 107.46

Odyssey Marine Exploration's Days Payable increased from Mar. 2025 (121.80) to Mar. 2026 (155.10). It may suggest that Odyssey Marine Exploration delayed paying its suppliers.


Odyssey Marine Exploration Days Payable Historical Data

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The historical data trend for Odyssey Marine Exploration'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.

Odyssey Marine Exploration Days Payable Chart

Odyssey Marine Exploration 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 62.70 76.71 111.72 64.24 98.72

Odyssey Marine Exploration 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 121.80 96.22 67.18 80.65 155.10

OMEX vs FNUC, WWR, RNGE: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Odyssey Marine Exploration'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.


Odyssey Marine Exploration Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Odyssey Marine Exploration's Days Payable distribution charts can be found below:

* The bar in red indicates where Odyssey Marine Exploration's Days Payable falls into.


OMEX
14GF Score
Odyssey Marine Exploration Inc OMEX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Odyssey Marine Exploration 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.

Odyssey Marine Exploration'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
=( (0.748 + 0.771) / 2 ) / 2.808*365
=0.7595 / 2.808*365
=98.72

Odyssey Marine Exploration'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
=( (0.771 + 1.544) / 2 ) / 0.681*365 / 4
=1.1575 / 0.681*365 / 4
=155.10

* 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 155.10 mean?
Odyssey Marine Exploration (OMEX) has a Days Payable of 155.10 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 Odyssey Marine Exploration and its competitors. This is 47% above median its historical median of 105.22. Over the past decade, Odyssey Marine Exploration's Days Payable has ranged from 62.70 to 255.72. According to the industry distribution chart, Odyssey Marine Exploration ranks #566 out of 1064 companies in the Metals & Mining industry, placing it in the top 53.2%.
Is Odyssey Marine Exploration's Days Payable too high?
Odyssey Marine Exploration's current Days Payable of 155.10 is 47% above median its 10-year median of 105.22. Over the past 10 years, this metric has ranged from a low of 62.70 to a high of 255.72. The Metals & Mining industry median Days Payable is 127.62. Odyssey Marine Exploration's value of 155.10 is 21.5% above this industry median. Based on the distribution chart, Odyssey Marine Exploration ranks #566 out of 1064 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Odyssey Marine Exploration has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odyssey Marine Exploration's Days Payable compare to FNUC and WWR?
According to the Metals & Mining industry distribution chart, Odyssey Marine Exploration ranks #566 out of 1064 companies for Days Payable. This places Odyssey Marine Exploration in the lower half of its industry. The industry median Days Payable is 127.62. Odyssey Marine Exploration's value of 155.10 is 21.5% above this benchmark. Historically, Odyssey Marine Exploration's own Days Payable has ranged from 62.70 to 255.72 over the past decade. While the company's 10-year median is 105.22 vs. the industry median of 127.62, Odyssey Marine Exploration 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 Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 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. Odyssey Marine Exploration's current Days Payable of 155.10 is 21.5% 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 Odyssey Marine Exploration and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odyssey Marine Exploration's current Days Payable is 155.10, which is 47% above median its own 10-year median of 105.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odyssey Marine Exploration stock overvalued right now?
Based on GuruFocus' analysis, Odyssey Marine Exploration (OMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.36, compared to a current price of $0.91 — trading 154.1% above its estimated fair value. The current Days Payable is 155.10, which is 47% above median its 10-year median of 105.22 and 21.5% above the Metals & Mining industry median of 127.62. Odyssey Marine Exploration's overall GF Score™ is 14/100 with 6 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 Odyssey Marine Exploration (OMEX), the current Days Payable is 155.10 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 Odyssey Marine Exploration (OMEX) Overvalued in 2026?

Based on GuruFocus' analysis, Odyssey Marine Exploration stock appears to be overvalued. The current stock price of $0.91 is trading 154.1% above its estimated GF Value™ of $0.36. GuruFocus considers Odyssey Marine Exploration to be Significantly Overvalued.

Key valuation signals for OMEX:

  • Days Payable: 155.10 (47% above median its 10-year median of 105.22)
  • GF Value™: $0.36 vs. price of $0.91 (154.1% above fair value)
  • GF Score™: 14/100 with 6 warning signs
  • Industry Position: 21.5% above the Metals & Mining median (#566 of 1064)

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


Odyssey Marine Exploration Business Description

Other Exchanges OYM1:Germany
Address 205 S. Hoover Boulevard, Suite 210, Tampa, FL, USA, 33609
Odyssey Marine Exploration Inc is a deep-ocean exploration company. It discovers, validates, and develops high-value seafloor mineral resources and provides specialized mineral exploration, project development, and marine services to its clients. The company's subsea project portfolio contains multiple projects in various stages of development, such as the Phosagmex Project, a rich deposit of phosphate sands located seventy-ninety meters deep within the Mexican EEZ; two polymetallic nodule exploration license holders in the Cook Islands' EEZ; the Lihir Gold Project, a subsea area that contains several prospective gold exploration targets located in the Papua New Guinea Exclusive Economic Zone (EEZ); and others.
14GF Score

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

$0.91
Price
$0.36
GF Value