PAGP (Plains GP Holdings LP) Days Payable: 32.60 (As of Mar. 2026) — Near Median


PAGP Plains GP Holdings LP PAGP
76 GF Score
Price $23.76
GF Value $19.45
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Plains GP Holdings LP Days Payable?

Plains GP Holdings LP PAGP +1.02% 76 Days Payable is 32.60 as of Mar. 2026, which is 3% below its 10-year median of 33.62. GuruFocus rates PAGP with a GF Score™ of 76/100 and a GF Value™ of $19.45 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 849 Oil & Gas companies, Plains GP Holdings LP ranks worse than 73.73% on this metric.

Plains GP Holdings LP's average Accounts Payable for the three months ended in Mar. 2026 was $4,193 Mil. Plains GP Holdings LP's Cost of Goods Sold for the three months ended in Mar. 2026 was $11,736 Mil. Hence, Plains GP Holdings LP's Days Payable for the three months ended in Mar. 2026 was 32.60.

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

PAGP' s Days Payable Range Over the Past 10 Years
Min: 29.68   Med: 33.62   Max: 52.9
Current: 32.83

During the past 13 years, Plains GP Holdings LP's highest Days Payable was 52.90. The lowest was 29.68. And the median was 33.62.

PAGP's Days Payable is ranked worse than
73.73% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs PAGP: 32.83

Plains GP Holdings LP's Days Payable increased from Mar. 2025 (31.29) to Mar. 2026 (32.60). It may suggest that Plains GP Holdings LP delayed paying its suppliers.


Plains GP Holdings LP Days Payable Historical Data

* Premium members only.

The historical data trend for Plains GP Holdings 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 GP Holdings LP Days Payable Chart

Plains GP Holdings 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 33.62 29.85 32.11 29.68 31.33

Plains GP Holdings 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 31.29 32.37 29.31 32.69 32.60

PAGP vs HESM, GLNG, INSW: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Plains GP Holdings 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 GP Holdings LP Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Plains GP Holdings LP's Days Payable falls into.


PAGP
76GF Score
Plains GP Holdings LP PAGP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Plains GP Holdings 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 GP Holdings 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 ) / 41386*365
=3552 / 41386*365
=31.33

Plains GP Holdings 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 + 4928) / 2 ) / 11736*365 / 4
=4192.5 / 11736*365 / 4
=32.60

* 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 32.60 mean?
Plains GP Holdings LP (PAGP) has a Days Payable of 32.60 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 GP Holdings LP and its competitors. This is near median its historical median of 33.62. Over the past decade, Plains GP Holdings LP's Days Payable has ranged from 29.68 to 52.90. According to the industry distribution chart, Plains GP Holdings LP ranks #626 out of 849 companies in the Oil & Gas industry, placing it in the top 73.7%.
Is Plains GP Holdings LP's Days Payable too high?
Plains GP Holdings LP's current Days Payable of 32.60 is near median its 10-year median of 33.62. Over the past 10 years, this metric has ranged from a low of 29.68 to a high of 52.90. The Oil & Gas industry median Days Payable is 57.95. Plains GP Holdings LP's value of 32.60 is 43.7% below this industry median. Based on the distribution chart, Plains GP Holdings LP ranks #626 out of 849 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Plains GP Holdings LP has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plains GP Holdings LP's Days Payable compare to HESM and GLNG?
According to the Oil & Gas industry distribution chart, Plains GP Holdings LP ranks #626 out of 849 companies for Days Payable. This places Plains GP Holdings LP in the lower half of its industry. The industry median Days Payable is 57.95. Plains GP Holdings LP's value of 32.60 is 43.7% below this benchmark. Historically, Plains GP Holdings LP's own Days Payable has ranged from 29.68 to 52.90 over the past decade. While the company's 10-year median is 33.62 vs. the industry median of 57.95, Plains GP Holdings 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 57.95, based on 849 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 GP Holdings LP's current Days Payable of 32.60 is 43.7% 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 GP Holdings LP 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. Plains GP Holdings LP's current Days Payable is 32.60, which is near median its own 10-year median of 33.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plains GP Holdings LP stock overvalued right now?
Based on GuruFocus' analysis, Plains GP Holdings LP (PAGP) is currently considered Modestly Overvalued. The stock's GF Value™ is $19.45, compared to a current price of $23.76 — trading 22.2% above its estimated fair value. The current Days Payable is 32.60, which is near median its 10-year median of 33.62 and 43.7% below the Oil & Gas industry median of 57.95. Plains GP Holdings LP's overall GF Score™ is 76/100 with 10 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 GP Holdings LP (PAGP), the current Days Payable is 32.60 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 GP Holdings LP (PAGP) Overvalued in 2026?

Based on GuruFocus' analysis, Plains GP Holdings LP stock appears to be overvalued. The current stock price of $23.76 is trading 22.2% above its estimated GF Value™ of $19.45. GuruFocus considers Plains GP Holdings LP to be Modestly Overvalued.

Key valuation signals for PAGP:

  • Days Payable: 32.60 (near median its 10-year median of 33.62)
  • GF Value™: $19.45 vs. price of $23.76 (22.2% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 43.7% below the Oil & Gas median (#626 of 849)

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


Plains GP Holdings LP Business Description

Industry EnergyOil & Gas
Address 333 Clay Street, Suite 1600, Houston, TX, USA, 77002
Plains GP Holdings LP owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), and natural gas. The group manages its operations through two operating segments: Crude Oil segment operations generally consist of gathering and transporting crude oil using pipelines (including gathering systems), trucks, and, at times, on barges or railcars; and NGL segment operations involve NGL storage and terminalling from NGL assets located in the Southwestern United States. It generates the majority of its revenue from the Crude Oil segment. Its geographic markets are the United States and Canada. It generates the majority of its revenue from the United States.
76GF Score

Get the complete analysis for PAGP

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

$23.76
Price
$19.45
GF Value