Ocean Sun AS (OSL:OSUN) Days Payable: 2,911.70 (As of Mar. 2026) — 2658% Above Median


OSL:OSUN Ocean Sun AS OSL:OSUN
53 GF Score
Price kr0.49
GF Value kr1.22
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ocean Sun AS Days Payable?

Ocean Sun AS OSL:OSUN -0.41% 53 Days Payable is 2,911.70 as of Mar. 2026, which is 2658% above its 10-year median of 105.58. GuruFocus rates OSL:OSUN with a GF Score™ of 53/100 and a GF Value™ of kr1.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 390 Utilities - Independent Power Producers companies, Ocean Sun AS ranks better than 95.13% on this metric.

Ocean Sun AS's average Accounts Payable for the three months ended in Mar. 2026 was kr1.76 Mil. Ocean Sun AS's Cost of Goods Sold for the three months ended in Mar. 2026 was kr0.06 Mil. Hence, Ocean Sun AS's Days Payable for the three months ended in Mar. 2026 was 2,911.70.

The historical rank and industry rank for Ocean Sun AS's Days Payable or its related term are showing as below:

OSL:OSUN' s Days Payable Range Over the Past 10 Years
Min: 51.94   Med: 105.58   Max: 2095.51
Current: 1599.88

During the past 9 years, Ocean Sun AS's highest Days Payable was 2095.51. The lowest was 51.94. And the median was 105.58.

OSL:OSUN's Days Payable is ranked better than
95.13% of 390 companies
in the Utilities - Independent Power Producers industry
Industry Median: 79.9 vs OSL:OSUN: 1599.88

Ocean Sun AS's Days Payable increased from Mar. 2025 (1,810.71) to Mar. 2026 (2,911.70). It may suggest that Ocean Sun AS delayed paying its suppliers.


Ocean Sun AS Days Payable Historical Data

* Premium members only.

The historical data trend for Ocean Sun AS'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.

Ocean Sun AS Days Payable Chart

Ocean Sun AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only 0.00 1,459.55 103.25 209.17 2,095.51

Ocean Sun AS 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 1,810.71 7,125.55 16,616.63 524.59 2,911.70

Ocean Sun AS Days Payable Competitor Comparison

For the Utilities - Renewable subindustry, Ocean Sun AS'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.


Ocean Sun AS Days Payable vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ocean Sun AS's Days Payable distribution charts can be found below:

* The bar in red indicates where Ocean Sun AS's Days Payable falls into.


OSL:OSUN
53GF Score
Ocean Sun AS OSL:OSUN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Sun AS 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.

Ocean Sun AS'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
=( (1.831 + 2.05) / 2 ) / 0.338*365
=1.9405 / 0.338*365
=2,095.51

Ocean Sun AS'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
=( (2.05 + 1.46) / 2 ) / 0.055*365 / 4
=1.755 / 0.055*365 / 4
=2,911.70

* 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 2,911.70 mean?
Ocean Sun AS (OSL:OSUN) has a Days Payable of 2,911.70 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 Ocean Sun AS and its competitors. This is 2658% above median its historical median of 105.58. Over the past decade, Ocean Sun AS's Days Payable has ranged from 51.94 to 2,095.51. According to the industry distribution chart, Ocean Sun AS ranks #19 out of 390 companies in the Utilities - Independent Power Producers industry, placing it in the top 4.9%.
Is Ocean Sun AS's Days Payable too high?
Ocean Sun AS's current Days Payable of 2,911.70 is 2658% above median its 10-year median of 105.58. Over the past 10 years, this metric has ranged from a low of 51.94 to a high of 2,095.51. The Utilities - Independent Power Producers industry median Days Payable is 79.90. Ocean Sun AS's value of 2,911.70 is 3544.2% above this industry median. Based on the distribution chart, Ocean Sun AS ranks #19 out of 390 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Ocean Sun AS has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Sun AS's Days Payable compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ocean Sun AS ranks #19 out of 390 companies for Days Payable. This places Ocean Sun AS in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 79.90. Ocean Sun AS's value of 2,911.70 is 3544.2% above this benchmark. Historically, Ocean Sun AS's own Days Payable has ranged from 51.94 to 2,095.51 over the past decade. While the company's 10-year median is 105.58 vs. the industry median of 79.90, Ocean Sun AS 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 Utilities - Independent Power Producers company?
The median Days Payable among Utilities - Independent Power Producers companies is 79.90, based on 390 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. Ocean Sun AS's current Days Payable of 2,911.70 is 3544.2% 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 Ocean Sun AS and its competitors. For the Utilities - Independent Power Producers industry, the median Days Payable is 79.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ocean Sun AS's current Days Payable is 2,911.70, which is 2658% above median its own 10-year median of 105.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Sun AS stock overvalued right now?
Based on GuruFocus' analysis, Ocean Sun AS (OSL:OSUN) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.22, compared to a current price of kr0.49 — trading 59.8% below its estimated fair value. The current Days Payable is 2,911.70, which is 2658% above median its 10-year median of 105.58 and 3544.2% above the Utilities - Independent Power Producers industry median of 79.90. Ocean Sun AS's overall GF Score™ is 53/100 with 5 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 Ocean Sun AS (OSL:OSUN), the current Days Payable is 2,911.70 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 Ocean Sun AS (OSL:OSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Sun AS stock appears to be undervalued. The current stock price of kr0.49 is trading 59.8% below its estimated GF Value™ of kr1.22. GuruFocus considers Ocean Sun AS to be Possible Value Trap.

Key valuation signals for OSL:OSUN:

  • Days Payable: 2,911.70 (2658% above median its 10-year median of 105.58)
  • GF Value™: kr1.22 vs. price of kr0.49 (59.8% below fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 3544.2% above the Utilities - Independent Power Producers median (#19 of 390)

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


Ocean Sun AS Business Description

Other Exchanges OW7:Germany
Address Vollsveien 4, Lysaker, NOR, 1366
Ocean Sun AS manufactures and distributes floating solar power production systems. The company operates as a technology provider, offering license agreements to developers and independent power producers across the world. Its Ocean Sun systems (OS-75 and OS-50) consist of one or multiple floaters anchored side-by-side to build larger power plants. The company's technology is used in various floating solar power production projects, including Alida, Siera Brava, Haiyang (offshore), and Soneva Secret, among others. Geographically, it generates maximum revenue from Europe and Middle East, followed by North East Asia (including China), South East Asia, and the Americas.
53GF Score

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

kr0.49
Price
kr1.22
GF Value