Ades Holding Co (SAU:2382) Days Payable: 131.33 (As of Mar. 2026) — Near Median

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SAU:2382 Ades Holding Co SAU:2382
11 GF Score
Price ﷼18.00
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What is Ades Holding Co Days Payable?

Ades Holding Co SAU:2382 +0.73% 11 Days Payable is 131.33 as of Mar. 2026, which is 4% above its 10-year median of 126.06. GuruFocus rates SAU:2382 with a GF Score™ of 11/100. The stock has 9 warning signs investors should review. Among 850 Oil & Gas companies, Ades Holding Co ranks better than 74.59% on this metric.

Ades Holding Co's average Accounts Payable for the three months ended in Mar. 2026 was ﷼2,176 Mil. Ades Holding Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ﷼1,512 Mil. Hence, Ades Holding Co's Days Payable for the three months ended in Mar. 2026 was 131.33.

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

SAU:2382' s Days Payable Range Over the Past 10 Years
Min: 112.87   Med: 126.06   Max: 228.28
Current: 127.27

During the past 3 years, Ades Holding Co's highest Days Payable was 228.28. The lowest was 112.87. And the median was 126.06.

SAU:2382's Days Payable is ranked better than
74.59% of 850 companies
in the Oil & Gas industry
Industry Median: 58.035 vs SAU:2382: 127.27

Ades Holding Co's Days Payable increased from Mar. 2025 (103.15) to Mar. 2026 (131.33). It may suggest that Ades Holding Co delayed paying its suppliers.


Ades Holding Co Days Payable Historical Data

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The historical data trend for Ades Holding 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.

Ades Holding Co Days Payable Chart

Ades Holding Co Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
228.28 112.87 126.06

Ades Holding Co Quarterly Data
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 103.15 121.51 119.32 128.75 131.33

SAU:2382 vs NE, RIG, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Ades Holding 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.


Ades Holding Co Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Ades Holding Co's Days Payable falls into.


SAU:2382
11GF Score
Ades Holding Co SAU:2382
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ades Holding 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.

Ades Holding 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
=( (736.576 + 2133.993) / 2 ) / 4155.868*365
=1435.2845 / 4155.868*365
=126.06

Ades Holding 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
=( (2133.993 + 2218.001) / 2 ) / 1511.887*365 / 4
=2175.997 / 1511.887*365 / 4
=131.33

* 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 131.33 mean?
Ades Holding Co (SAU:2382) has a Days Payable of 131.33 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 Ades Holding Co and its competitors. This is near median its historical median of 126.06. Over the past decade, Ades Holding Co's Days Payable has ranged from 112.87 to 228.28. According to the industry distribution chart, Ades Holding Co ranks #216 out of 850 companies in the Oil & Gas industry, placing it in the top 25.4%.
Is Ades Holding Co's Days Payable too high?
Ades Holding Co's current Days Payable of 131.33 is near median its 10-year median of 126.06. Over the past 10 years, this metric has ranged from a low of 112.87 to a high of 228.28. The Oil & Gas industry median Days Payable is 58.04. Ades Holding Co's value of 131.33 is 126.3% above this industry median. Based on the distribution chart, Ades Holding Co ranks #216 out of 850 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ades Holding Co has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ades Holding Co's Days Payable compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ades Holding Co ranks #216 out of 850 companies for Days Payable. This puts Ades Holding Co in the upper half of its industry. The industry median Days Payable is 58.04. Ades Holding Co's value of 131.33 is 126.3% above this benchmark. Historically, Ades Holding Co's own Days Payable has ranged from 112.87 to 228.28 over the past decade. While the company's 10-year median is 126.06 vs. the industry median of 58.04, Ades Holding 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 58.04, 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. Ades Holding Co's current Days Payable of 131.33 is 126.3% 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 Ades Holding Co and its competitors. For the Oil & Gas industry, the median Days Payable is 58.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ades Holding Co's current Days Payable is 131.33, which is near median its own 10-year median of 126.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ades Holding Co stock overvalued right now?
Ades Holding Co (SAU:2382) has a current Days Payable of 131.33. The current Days Payable is 131.33, which is near median its 10-year median of 126.06 and 126.3% above the Oil & Gas industry median of 58.04. Ades Holding Co's overall GF Score™ is 11/100 with 9 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 Ades Holding Co (SAU:2382), the current Days Payable is 131.33 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.

Ades Holding Co Business Description

Industry EnergyOil & Gas
Address 429 Prince Turki Street, Al Zamil House, Al Corniche District, Al Khobar, SAU, 2203
Ades Holding Co is an oil and gas drilling and production services provider in the Middle East, Africa, Southeast Asia, and Europe. Its services mainly include offshore and onshore contract drilling and production services. The Group's offshore services include drilling and workover services and Mobile Offshore Production Unit (MOPU) production services, as well as accommodation, catering, and other barge-based support services. Additionally, it provides project services, which mainly include oil field enhancement (exploration and production). Ades's geographical operating segments are: Egypt, which derives maximum revenue, Algeria and Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and Other.
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