REI (Ring Energy) Days Payable: 142.96 (As of Mar. 2026) — 16% Below Median


REI Ring Energy Inc REI
64 GF Score
Price $1.08
GF Value $1.15
Valuation Fairly Valued
! 4 Warning Signs
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What is Ring Energy Days Payable?

Ring Energy REI +0.47% 64 Days Payable is 142.96 as of Mar. 2026, which is 16% below its 10-year median of 170.52. GuruFocus rates REI with a GF Score™ of 64/100 and a GF Value™ of $1.15 (Fairly Valued). The stock has 4 warning signs investors should review. Among 854 Oil & Gas companies, Ring Energy ranks better than 78.57% on this metric.

Ring Energy's average Accounts Payable for the three months ended in Mar. 2026 was $71.4 Mil. Ring Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was $45.6 Mil. Hence, Ring Energy's Days Payable for the three months ended in Mar. 2026 was 142.96.

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

REI' s Days Payable Range Over the Past 10 Years
Min: 69.35   Med: 170.52   Max: 246.6
Current: 147.48

During the past 13 years, Ring Energy's highest Days Payable was 246.60. The lowest was 69.35. And the median was 170.52.

REI's Days Payable is ranked better than
78.57% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs REI: 147.48

Ring Energy's Days Payable increased from Mar. 2025 (120.01) to Mar. 2026 (142.96). It may suggest that Ring Energy delayed paying its suppliers.


Ring Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Ring Energy'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.

Ring Energy Days Payable Chart

Ring Energy 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 171.59 225.76 147.28 69.35 72.80

Ring Energy 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 120.01 149.27 147.71 121.11 142.96

REI vs PNRG, INR, GTE: Days Payable Comparison

For the Oil & Gas E&P subindustry, Ring Energy'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.


Ring Energy Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Ring Energy's Days Payable falls into.


REI
64GF Score
Ring Energy Inc REI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ring Energy 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.

Ring Energy'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
=( (39.289 + 40.197) / 2 ) / 199.272*365
=39.743 / 199.272*365
=72.80

Ring Energy'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
=( (40.197 + 102.616) / 2 ) / 45.577*365 / 4
=71.4065 / 45.577*365 / 4
=142.96

* 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 142.96 mean?
Ring Energy (REI) has a Days Payable of 142.96 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 Ring Energy and its competitors. This is 16% below median its historical median of 170.52. Over the past decade, Ring Energy's Days Payable has ranged from 69.35 to 246.60. According to the industry distribution chart, Ring Energy ranks #183 out of 854 companies in the Oil & Gas industry, placing it in the top 21.4%.
Is Ring Energy's Days Payable too high?
Ring Energy's current Days Payable of 142.96 is 16% below median its 10-year median of 170.52. Over the past 10 years, this metric has ranged from a low of 69.35 to a high of 246.60. The Oil & Gas industry median Days Payable is 57.15. Ring Energy's value of 142.96 is 150.2% above this industry median. Based on the distribution chart, Ring Energy ranks #183 out of 854 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ring Energy has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ring Energy's Days Payable compare to PNRG and INR?
According to the Oil & Gas industry distribution chart, Ring Energy ranks #183 out of 854 companies for Days Payable. This places Ring Energy in the top 21% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.15. Ring Energy's value of 142.96 is 150.2% above this benchmark. Historically, Ring Energy's own Days Payable has ranged from 69.35 to 246.60 over the past decade. While the company's 10-year median is 170.52 vs. the industry median of 57.15, Ring Energy 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. Ring Energy's current Days Payable of 142.96 is 150.2% 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 Ring Energy 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. Ring Energy's current Days Payable is 142.96, which is 16% below median its own 10-year median of 170.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ring Energy stock overvalued right now?
Based on GuruFocus' analysis, Ring Energy (REI) is currently considered Fairly Valued. The stock's GF Value™ is $1.15, compared to a current price of $1.08 — trading 6.5% below its estimated fair value. The current Days Payable is 142.96, which is 16% below median its 10-year median of 170.52 and 150.2% above the Oil & Gas industry median of 57.15. Ring Energy's overall GF Score™ is 64/100 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 Ring Energy (REI), the current Days Payable is 142.96 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 Ring Energy (REI) Overvalued in 2026?

Based on GuruFocus' analysis, Ring Energy stock appears to be undervalued. The current stock price of $1.08 is trading 6.5% below its estimated GF Value™ of $1.15. GuruFocus considers Ring Energy to be Fairly Valued.

Key valuation signals for REI:

  • Days Payable: 142.96 (16% below median its 10-year median of 170.52)
  • GF Value™: $1.15 vs. price of $1.08 (6.5% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 150.2% above the Oil & Gas median (#183 of 854)

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


Ring Energy Business Description

Industry EnergyOil & Gas
Other Exchanges KWE1:Germany
Address 1725 Hughes Landing Boulevard, Suite 900, The Woodlands, TX, USA, 77380
Ring Energy Inc is an independent oil and natural gas exploration and production company based in the United States. It is engaged in oil and natural gas development, production, acquisition, and exploration activities, currently focused on the Permian Basin of Texas. The company's drilling operations target the oil and liquids-rich producing formations in the Northwest Shelf and the Central Basin Platform, in the Permian Basin in Texas.
64GF Score

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

$1.08
Price
$1.15
GF Value