Var Energi ASAOSL:VAR -1.43%80 Days Payable is 33.95 as of Mar. 2026, which is 21% below its 10-year median of 42.79. GuruFocus rates OSL:VAR with a GF Score™ of 80/100 and a GF Value™ of kr44.78 (Fairly Valued). The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, Var Energi ASA ranks worse than 68.04% on this metric.
The historical rank and industry rank for Var Energi ASA's Days Payable or its related term are showing as below:
OSL:VAR'
s Days Payable Range Over the Past 10 Years
Min: 34.4 Med: 42.79 Max: 87.07
Current: 36.72
During the past 8 years, Var Energi ASA's highest Days Payable was 87.07. The lowest was 34.40. And the median was 42.79.
OSL:VAR's Days Payable is ranked worse than 68.04% of 851
companies
in the Oil & Gas industry
Industry Median: 57.95
vs OSL:VAR: 36.72
Var Energi ASA's Days Payable
declined
from Mar. 2025 (45.86) to Mar. 2026 (33.95).
It may suggest that Var Energi ASAaccelerated paying its suppliers.
Var Energi ASA Days Payable Related Terms
Var Energi ASA Days Payable Historical Data
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The historical data trend for Var Energi ASA'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.
OSL:VAR vs COP, EOG, FANG: Days Payable Comparison
For the Oil & Gas E&P subindustry, Var Energi ASA'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.
Var Energi ASA Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Var Energi ASA's Days Payable distribution charts can be found below:
* The bar in red indicates where Var Energi ASA's Days Payable falls into.
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.
Var Energi ASA's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Var Energi ASA (OSL:VAR) has a Days Payable of 33.95 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 Var Energi ASA and its competitors. This is 21% below median its historical median of 42.79. Over the past decade, Var Energi ASA's Days Payable has ranged from 34.40 to 87.07. According to the industry distribution chart, Var Energi ASA ranks #579 out of 851 companies in the Oil & Gas industry, placing it in the top 68%.
Is Var Energi ASA's Days Payable too high?
Var Energi ASA's current Days Payable of 33.95 is 21% below median its 10-year median of 42.79. Over the past 10 years, this metric has ranged from a low of 34.40 to a high of 87.07. The Oil & Gas industry median Days Payable is 57.95. Var Energi ASA's value of 33.95 is 41.4% below this industry median. Based on the distribution chart, Var Energi ASA ranks #579 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Var Energi ASA has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Var Energi ASA's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Var Energi ASA ranks #579 out of 851 companies for Days Payable. This places Var Energi ASA in the lower half of its industry. The industry median Days Payable is 57.95. Var Energi ASA's value of 33.95 is 41.4% below this benchmark. Historically, Var Energi ASA's own Days Payable has ranged from 34.40 to 87.07 over the past decade. While the company's 10-year median is 42.79 vs. the industry median of 57.95, Var Energi ASA 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 57.95, 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. Var Energi ASA's current Days Payable of 33.95 is 41.4% 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 Var Energi ASA 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. Var Energi ASA's current Days Payable is 33.95, which is 21% below median its own 10-year median of 42.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Var Energi ASA stock overvalued right now?
Based on GuruFocus' analysis, Var Energi ASA (OSL:VAR) is currently considered Fairly Valued. The stock's GF Value™ is kr44.78, compared to a current price of kr42.06 — trading 6.1% below its estimated fair value. The current Days Payable is 33.95, which is 21% below median its 10-year median of 42.79 and 41.4% below the Oil & Gas industry median of 57.95. Var Energi ASA's overall GF Score™ is 80/100 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 Var Energi ASA (OSL:VAR), the current Days Payable is 33.95 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 Var Energi ASA (OSL:VAR) Overvalued in 2026?
Based on GuruFocus' analysis, Var Energi ASA stock appears to be undervalued.
The current stock price of kr42.06 is trading 6.1% below its estimated GF Value™ of kr44.78.
GuruFocus considers Var Energi ASA to be Fairly Valued.
Key valuation signals for OSL:VAR:
Days Payable: 33.95 (21% below median its 10-year median of 42.79)
GF Value™: kr44.78 vs. price of kr42.06 (6.1% below fair value)
Industry Position: 41.4% below the Oil & Gas median (#579 of 851)
No single metric tells the full story. See the OSL:VAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Var Energi ASA is an independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
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