Arabian Drilling Co (SAU:2381) Days Payable: 66.93 (As of Mar. 2026) — 120% Above Median

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SAU:2381 Arabian Drilling Co SAU:2381
59 GF Score
Price ﷼81.50
GF Value ﷼100.70
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Arabian Drilling Co Days Payable?

Arabian Drilling Co SAU:2381 -5.73% 59 Days Payable is 66.93 as of Mar. 2026, which is 120% above its 10-year median of 30.48. GuruFocus rates SAU:2381 with a GF Score™ of 59/100 and a GF Value™ of ﷼100.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 850 Oil & Gas companies, Arabian Drilling Co ranks better than 60.59% on this metric.

Arabian Drilling Co's average Accounts Payable for the three months ended in Mar. 2026 was ﷼529 Mil. Arabian Drilling Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ﷼721 Mil. Hence, Arabian Drilling Co's Days Payable for the three months ended in Mar. 2026 was 66.93.

The historical rank and industry rank for Arabian Drilling Co's Days Payable or its related term are showing as below:

SAU:2381' s Days Payable Range Over the Past 10 Years
Min: 27.9   Med: 30.48   Max: 82.27
Current: 82.27

During the past 5 years, Arabian Drilling Co's highest Days Payable was 82.27. The lowest was 27.90. And the median was 30.48.

SAU:2381's Days Payable is ranked better than
60.59% of 850 companies
in the Oil & Gas industry
Industry Median: 57.445 vs SAU:2381: 82.27

Arabian Drilling Co's Days Payable increased from Mar. 2025 (65.26) to Mar. 2026 (66.93). It may suggest that Arabian Drilling Co delayed paying its suppliers.


Arabian Drilling Co Days Payable Historical Data

* Premium members only.

The historical data trend for Arabian Drilling Co'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.

Arabian Drilling Co Days Payable Chart

Arabian Drilling Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
30.49 30.55 30.44 27.90 30.48

Arabian Drilling Co Quarterly Data
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 65.26 103.46 94.86 54.39 66.93

SAU:2381 vs NE, RIG, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Arabian Drilling Co'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.


Arabian Drilling Co Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Arabian Drilling Co's Days Payable falls into.


SAU:2381
59GF Score
Arabian Drilling Co SAU:2381
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arabian Drilling Co 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.

Arabian Drilling Co'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
=( (194.365 + 316.498) / 2 ) / 3059.255*365
=255.4315 / 3059.255*365
=30.48

Arabian Drilling Co'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
=( (316.498 + 741.266) / 2 ) / 721.076*365 / 4
=528.882 / 721.076*365 / 4
=66.93

* 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 66.93 mean?
Arabian Drilling Co (SAU:2381) has a Days Payable of 66.93 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 Arabian Drilling Co and its competitors. This is 120% above median its historical median of 30.48. Over the past decade, Arabian Drilling Co's Days Payable has ranged from 27.90 to 82.27. According to the industry distribution chart, Arabian Drilling Co ranks #335 out of 850 companies in the Oil & Gas industry, placing it in the top 39.4%.
Is Arabian Drilling Co's Days Payable too high?
Arabian Drilling Co's current Days Payable of 66.93 is 120% above median its 10-year median of 30.48. Over the past 10 years, this metric has ranged from a low of 27.90 to a high of 82.27. The Oil & Gas industry median Days Payable is 57.45. Arabian Drilling Co's value of 66.93 is 16.5% above this industry median. Based on the distribution chart, Arabian Drilling Co ranks #335 out of 850 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Arabian Drilling Co has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Arabian Drilling Co's Days Payable compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Arabian Drilling Co ranks #335 out of 850 companies for Days Payable. This puts Arabian Drilling Co in the upper half of its industry. The industry median Days Payable is 57.45. Arabian Drilling Co's value of 66.93 is 16.5% above this benchmark. Historically, Arabian Drilling Co's own Days Payable has ranged from 27.90 to 82.27 over the past decade. While the company's 10-year median is 30.48 vs. the industry median of 57.45, Arabian Drilling Co 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 57.45, 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. Arabian Drilling Co's current Days Payable of 66.93 is 16.5% 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 Arabian Drilling Co 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. Arabian Drilling Co's current Days Payable is 66.93, which is 120% above median its own 10-year median of 30.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arabian Drilling Co stock overvalued right now?
Based on GuruFocus' analysis, Arabian Drilling Co (SAU:2381) is currently considered Modestly Undervalued. The stock's GF Value™ is ﷼100.70, compared to a current price of ﷼81.50 — trading 19.1% below its estimated fair value. The current Days Payable is 66.93, which is 120% above median its 10-year median of 30.48 and 16.5% above the Oil & Gas industry median of 57.45. Arabian Drilling Co's overall GF Score™ is 59/100 with 3 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 Arabian Drilling Co (SAU:2381), the current Days Payable is 66.93 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 Arabian Drilling Co (SAU:2381) Overvalued in 2026?

Based on GuruFocus' analysis, Arabian Drilling Co stock appears to be undervalued. The current stock price of ﷼81.50 is trading 19.1% below its estimated GF Value™ of ﷼100.70. GuruFocus considers Arabian Drilling Co to be Modestly Undervalued.

Key valuation signals for SAU:2381:

  • Days Payable: 66.93 (120% above median its 10-year median of 30.48)
  • GF Value™: ﷼100.70 vs. price of ﷼81.50 (19.1% below fair value)
  • GF Score™: 59/100 with 3 warning signs
  • Industry Position: 16.5% above the Oil & Gas median (#335 of 850)

No single metric tells the full story. See the SAU:2381 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Arabian Drilling Co Business Description

Industry EnergyOil & Gas
Address P.O.Box 4110, Al-Khobar, SAU, 31952
Arabian Drilling Co is an onshore and offshore gas and oil rig drilling company in Saudi Arabia. It is principally engaged in the drilling of oil and natural gas wells, operations, maintenance and hauling of rigs, and related activities. The operating segment of the company Provision of drilling and related services through land rigs and the Provision of drilling and related services through off-shore rigs.
59GF Score

Get the complete analysis for SAU:2381

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

﷼81.50
Price
﷼100.70
GF Value