PetroNor E&P ASAPTEAF 40 Days Payable is 86.34 as of Mar. 2026, which is 5% below its 10-year median of 90.44. GuruFocus rates PTEAF with a GF Score™ of 40/100 and a GF Value™ of $0.50 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 854 Oil & Gas companies, PetroNor E&P ASA ranks worse than 57.73% on this metric.
The historical rank and industry rank for PetroNor E&P ASA's Days Payable or its related term are showing as below:
PTEAF'
s Days Payable Range Over the Past 10 Years
Min: 29.09 Med: 90.44 Max: 185.02
Current: 47.92
During the past 8 years, PetroNor E&P ASA's highest Days Payable was 185.02. The lowest was 29.09. And the median was 90.44.
PTEAF's Days Payable is ranked worse than 57.73% of 854
companies
in the Oil & Gas industry
Industry Median: 57.145
vs PTEAF: 47.92
PetroNor E&P ASA's Days Payable
declined
from Mar. 2025 (912.07) to Mar. 2026 (86.34).
It may suggest that PetroNor E&P ASAaccelerated paying its suppliers.
PetroNor E&P ASA Days Payable Related Terms
PetroNor E&P ASA Days Payable Historical Data
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The historical data trend for PetroNor E&P 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.
For the Oil & Gas E&P subindustry, PetroNor E&P 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.
PetroNor E&P ASA Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PetroNor E&P ASA's Days Payable distribution charts can be found below:
* The bar in red indicates where PetroNor E&P 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.
PetroNor E&P 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.
PetroNor E&P ASA (PTEAF) has a Days Payable of 86.34 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 PetroNor E&P ASA and its competitors. This is near median its historical median of 90.44. Over the past decade, PetroNor E&P ASA's Days Payable has ranged from 29.09 to 185.02. According to the industry distribution chart, PetroNor E&P ASA ranks #493 out of 854 companies in the Oil & Gas industry, placing it in the top 57.7%.
Is PetroNor E&P ASA's Days Payable too high?
PetroNor E&P ASA's current Days Payable of 86.34 is near median its 10-year median of 90.44. Over the past 10 years, this metric has ranged from a low of 29.09 to a high of 185.02. The Oil & Gas industry median Days Payable is 57.15. PetroNor E&P ASA's value of 86.34 is 51.1% above this industry median. Based on the distribution chart, PetroNor E&P ASA ranks #493 out of 854 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PetroNor E&P ASA has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PetroNor E&P ASA's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PetroNor E&P ASA ranks #493 out of 854 companies for Days Payable. This places PetroNor E&P ASA in the lower half of its industry. The industry median Days Payable is 57.15. PetroNor E&P ASA's value of 86.34 is 51.1% above this benchmark. Historically, PetroNor E&P ASA's own Days Payable has ranged from 29.09 to 185.02 over the past decade. While the company's 10-year median is 90.44 vs. the industry median of 57.15, PetroNor E&P ASA 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 Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.15, based on 854 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. PetroNor E&P ASA's current Days Payable of 86.34 is 51.1% 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 PetroNor E&P ASA and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroNor E&P ASA's current Days Payable is 86.34, which is near median its own 10-year median of 90.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroNor E&P ASA stock overvalued right now?
Based on GuruFocus' analysis, PetroNor E&P ASA (PTEAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.50, compared to a current price of $1.44 — trading 188% above its estimated fair value. The current Days Payable is 86.34, which is near median its 10-year median of 90.44 and 51.1% above the Oil & Gas industry median of 57.15. PetroNor E&P ASA's overall GF Score™ is 40/100 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 PetroNor E&P ASA (PTEAF), the current Days Payable is 86.34 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 PetroNor E&P ASA (PTEAF) Overvalued in 2026?
Based on GuruFocus' analysis, PetroNor E&P ASA stock appears to be overvalued.
The current stock price of $1.44 is trading 188% above its estimated GF Value™ of $0.50.
GuruFocus considers PetroNor E&P ASA to be Significantly Overvalued.
Key valuation signals for PTEAF:
Days Payable: 86.34 (near median its 10-year median of 90.44)
GF Value™: $0.50 vs. price of $1.44 (188% above fair value)
Industry Position: 51.1% above the Oil & Gas median (#493 of 854)
No single metric tells the full story. See the PTEAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PetroNor E&P ASA is an independent oil and gas exploration and production company. The principal activities of the group are the exploration and production of crude oil. The group only has one operating segment, being exploration and production of hydrocarbons. . It operates in West Africa, with core producing assets in the Republic of Congo and development/exploration interests in Nigeria and The Gambia.
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