PAA (Plains All American Pipeline LP) Days Payable: 31.79 (As of Mar. 2026) — Near Median

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PAA Plains All American Pipeline LP PAA
73 GF Score
Price $24.58
GF Value $17.29
Valuation Significantly Overvalued
! 14 Warning Signs
View Full Analysis

What is Plains All American Pipeline LP Days Payable?

Plains All American Pipeline LP PAA -1.01% 73 Days Payable is 31.79 as of Mar. 2026, which is 6% below its 10-year median of 33.81. GuruFocus rates PAA with a GF Score™ of 73/100 and a GF Value™ of $17.29 (Significantly Overvalued). The stock has 14 warning signs investors should review. Among 850 Oil & Gas companies, Plains All American Pipeline LP ranks worse than 75.06% on this metric.

Plains All American Pipeline LP's average Accounts Payable for the three months ended in Mar. 2026 was $4,193 Mil. Plains All American Pipeline LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $12,037 Mil. Hence, Plains All American Pipeline LP's Days Payable for the three months ended in Mar. 2026 was 31.79.

The historical rank and industry rank for Plains All American Pipeline LP's Days Payable or its related term are showing as below:

PAA' s Days Payable Range Over the Past 10 Years
Min: 28.76   Med: 33.81   Max: 50.43
Current: 31.96

During the past 13 years, Plains All American Pipeline LP's highest Days Payable was 50.43. The lowest was 28.76. And the median was 33.81.

PAA's Days Payable is ranked worse than
75.06% of 850 companies
in the Oil & Gas industry
Industry Median: 58.46 vs PAA: 31.96

Plains All American Pipeline LP's Days Payable increased from Mar. 2025 (30.44) to Mar. 2026 (31.79). It may suggest that Plains All American Pipeline LP delayed paying its suppliers.


Plains All American Pipeline LP Days Payable Related Terms


Plains All American Pipeline LP Days Payable Historical Data

* Premium members only.

The historical data trend for Plains All American Pipeline LP'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.

Plains All American Pipeline LP Days Payable Chart

Plains All American Pipeline LP 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 32.78 29.14 31.34 28.76 30.48

Plains All American Pipeline LP 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 30.44 31.47 28.55 31.78 31.79

PAA vs WES, DTM, AM: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Plains All American Pipeline LP'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.


Plains All American Pipeline LP Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Plains All American Pipeline LP's Days Payable distribution charts can be found below:

* The bar in red indicates where Plains All American Pipeline LP's Days Payable falls into.


PAA
73GF Score
Plains All American Pipeline LP PAA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains All American Pipeline LP 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.

Plains All American Pipeline LP'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
=( (3647 + 3457) / 2 ) / 42540*365
=3552 / 42540*365
=30.48

Plains All American Pipeline LP'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
=( (3457 + 4929) / 2 ) / 12037*365 / 4
=4193 / 12037*365 / 4
=31.79

* 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 31.79 mean?
Plains All American Pipeline LP (PAA) has a Days Payable of 31.79 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 Plains All American Pipeline LP and its competitors. This is near median its historical median of 33.81. Over the past decade, Plains All American Pipeline LP's Days Payable has ranged from 28.76 to 50.43. According to the industry distribution chart, Plains All American Pipeline LP ranks #638 out of 850 companies in the Oil & Gas industry, placing it in the top 75.1%.
Is Plains All American Pipeline LP's Days Payable too high?
Plains All American Pipeline LP's current Days Payable of 31.79 is near median its 10-year median of 33.81. Over the past 10 years, this metric has ranged from a low of 28.76 to a high of 50.43. The Oil & Gas industry median Days Payable is 58.46. Plains All American Pipeline LP's value of 31.79 is 45.6% below this industry median. Based on the distribution chart, Plains All American Pipeline LP ranks #638 out of 850 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Plains All American Pipeline LP has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains All American Pipeline LP's Days Payable compare to WES and DTM?
According to the Oil & Gas industry distribution chart, Plains All American Pipeline LP ranks #638 out of 850 companies for Days Payable. This places Plains All American Pipeline LP in the lower half of its industry. The industry median Days Payable is 58.46. Plains All American Pipeline LP's value of 31.79 is 45.6% below this benchmark. Historically, Plains All American Pipeline LP's own Days Payable has ranged from 28.76 to 50.43 over the past decade. While the company's 10-year median is 33.81 vs. the industry median of 58.46, Plains All American Pipeline LP 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 58.46, 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. Plains All American Pipeline LP's current Days Payable of 31.79 is 45.6% 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 Plains All American Pipeline LP and its competitors. For the Oil & Gas industry, the median Days Payable is 58.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plains All American Pipeline LP's current Days Payable is 31.79, which is near median its own 10-year median of 33.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains All American Pipeline LP stock overvalued right now?
Based on GuruFocus' analysis, Plains All American Pipeline LP (PAA) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.29, compared to a current price of $24.58 — trading 42.2% above its estimated fair value. The current Days Payable is 31.79, which is near median its 10-year median of 33.81 and 45.6% below the Oil & Gas industry median of 58.46. Plains All American Pipeline LP's overall GF Score™ is 73/100 with 14 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 Plains All American Pipeline LP (PAA), the current Days Payable is 31.79 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 Plains All American Pipeline LP (PAA) Overvalued in 2026?

Based on GuruFocus' analysis, Plains All American Pipeline LP stock appears to be overvalued. The current stock price of $24.58 is trading 42.2% above its estimated GF Value™ of $17.29. GuruFocus considers Plains All American Pipeline LP to be Significantly Overvalued.

Key valuation signals for PAA:

  • Days Payable: 31.79 (near median its 10-year median of 33.81)
  • GF Value™: $17.29 vs. price of $24.58 (42.2% above fair value)
  • GF Score™: 73/100 with 14 warning signs
  • Industry Position: 45.6% below the Oil & Gas median (#638 of 850)

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


Plains All American Pipeline LP Business Description

Industry EnergyOil & Gas
Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains All American Pipeline LP, through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, barges, or railcars. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminalling. It generates the majority of its revenue from the Crude Oil segment.
73GF Score

Get the complete analysis for PAA

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

$24.58
Price
$17.29
GF Value