Shamaran Petroleum (OSTO:SNM) Days Payable: 4.30 (As of Mar. 2026) — 27% Above Median

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OSTO:SNM Shamaran Petroleum Ltd OSTO:SNM
43 GF Score
Price kr1.39
! 5 Warning Signs
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What is Shamaran Petroleum Days Payable?

Shamaran Petroleum OSTO:SNM 43 Days Payable is 4.30 as of Mar. 2026, which is 27% above its 10-year median of 3.39. GuruFocus rates OSTO:SNM with a GF Score™ of 43/100. The stock has 5 warning signs investors should review. Among 850 Oil & Gas companies, Shamaran Petroleum ranks worse than 98.35% on this metric.

Shamaran Petroleum's average Accounts Payable for the three months ended in Mar. 2026 was kr7 Mil. Shamaran Petroleum's Cost of Goods Sold for the three months ended in Mar. 2026 was kr143 Mil. Hence, Shamaran Petroleum's Days Payable for the three months ended in Mar. 2026 was 4.30.

The historical rank and industry rank for Shamaran Petroleum's Days Payable or its related term are showing as below:

OSTO:SNM' s Days Payable Range Over the Past 10 Years
Min: 2.01   Med: 3.39   Max: 7.11
Current: 2.92

During the past 13 years, Shamaran Petroleum's highest Days Payable was 7.11. The lowest was 2.01. And the median was 3.39.

OSTO:SNM's Days Payable is ranked worse than
98.35% of 850 companies
in the Oil & Gas industry
Industry Median: 57.445 vs OSTO:SNM: 2.92

Shamaran Petroleum's Days Payable increased from Mar. 2025 (1.35) to Mar. 2026 (4.30). It may suggest that Shamaran Petroleum delayed paying its suppliers.


Shamaran Petroleum Days Payable Historical Data

* Premium members only.

The historical data trend for Shamaran Petroleum'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.

Shamaran Petroleum Days Payable Chart

Shamaran Petroleum 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 3.15 3.28 6.40 3.54 2.07

Shamaran Petroleum 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 1.35 3.15 3.72 1.49 4.30

OSTO:SNM vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Shamaran Petroleum'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.


Shamaran Petroleum Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Shamaran Petroleum's Days Payable falls into.


OSTO:SNM
43GF Score
Shamaran Petroleum Ltd OSTO:SNM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Shamaran Petroleum 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.

Shamaran Petroleum'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
=( (4.636 + 4.823) / 2 ) / 834.77*365
=4.7295 / 834.77*365
=2.07

Shamaran Petroleum'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
=( (4.823 + 8.656) / 2 ) / 142.86*365 / 4
=6.7395 / 142.86*365 / 4
=4.30

* 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 4.30 mean?
Shamaran Petroleum (OSTO:SNM) has a Days Payable of 4.30 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 Shamaran Petroleum and its competitors. This is 27% above median its historical median of 3.39. Over the past decade, Shamaran Petroleum's Days Payable has ranged from 2.01 to 7.11. According to the industry distribution chart, Shamaran Petroleum ranks #836 out of 850 companies in the Oil & Gas industry, placing it in the top 98.4%.
Is Shamaran Petroleum's Days Payable too high?
Shamaran Petroleum's current Days Payable of 4.30 is 27% above median its 10-year median of 3.39. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 7.11. The Oil & Gas industry median Days Payable is 57.45. Shamaran Petroleum's value of 4.30 is 92.5% below this industry median. Based on the distribution chart, Shamaran Petroleum ranks #836 out of 850 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Shamaran Petroleum has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Shamaran Petroleum's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Shamaran Petroleum ranks #836 out of 850 companies for Days Payable. This places Shamaran Petroleum in the lower half of its industry. The industry median Days Payable is 57.45. Shamaran Petroleum's value of 4.30 is 92.5% below this benchmark. Historically, Shamaran Petroleum's own Days Payable has ranged from 2.01 to 7.11 over the past decade. While the company's 10-year median is 3.39 vs. the industry median of 57.45, Shamaran Petroleum 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 57.45, based on 850 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. Shamaran Petroleum's current Days Payable of 4.30 is 92.5% 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 Shamaran Petroleum and its competitors. For the Oil & Gas industry, the median Days Payable is 57.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shamaran Petroleum's current Days Payable is 4.30, which is 27% above median its own 10-year median of 3.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shamaran Petroleum stock overvalued right now?
Shamaran Petroleum (OSTO:SNM) has a current Days Payable of 4.30. The current Days Payable is 4.30, which is 27% above median its 10-year median of 3.39 and 92.5% below the Oil & Gas industry median of 57.45. Shamaran Petroleum's overall GF Score™ is 43/100 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 Shamaran Petroleum (OSTO:SNM), the current Days Payable is 4.30 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.

Shamaran Petroleum Business Description

Industry EnergyOil & Gas
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM11
ShaMaran Petroleum Corp is an oil development and exploration company. It is engaged in the business of extraction and producing oil and gas. Along with its subsidiary, the company has an interest in the Atrush block, Kurdistan Region of Iraq. In addition, the group holds a participating interest in the Sarsang block of the Kurdistan region.
43GF Score

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