Flex LNG (STU:0QQA) Days Payable: 18.66 (As of Mar. 2026) — 176% Above Median

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STU:0QQA Flex LNG Ltd STU:0QQA
65 GF Score
Price €27.15
GF Value €22.01
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Flex LNG Days Payable?

Flex LNG STU:0QQA +1.31% 65 Days Payable is 18.66 as of Mar. 2026, which is 176% above its 10-year median of 6.76. GuruFocus rates STU:0QQA with a GF Score™ of 65/100 and a GF Value™ of €22.01 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 850 Oil & Gas companies, Flex LNG ranks worse than 90.82% on this metric.

Flex LNG's average Accounts Payable for the three months ended in Mar. 2026 was €7.7 Mil. Flex LNG's Cost of Goods Sold for the three months ended in Mar. 2026 was €37.8 Mil. Hence, Flex LNG's Days Payable for the three months ended in Mar. 2026 was 18.66.

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

STU:0QQA' s Days Payable Range Over the Past 10 Years
Min: 0.61   Med: 6.76   Max: 14.94
Current: 14.45

During the past 13 years, Flex LNG's highest Days Payable was 14.94. The lowest was 0.61. And the median was 6.76.

STU:0QQA's Days Payable is ranked worse than
90.82% of 850 companies
in the Oil & Gas industry
Industry Median: 57.445 vs STU:0QQA: 14.45

Flex LNG's Days Payable increased from Mar. 2025 (6.83) to Mar. 2026 (18.66). It may suggest that Flex LNG delayed paying its suppliers.


Flex LNG Days Payable Historical Data

* Premium members only.

The historical data trend for Flex LNG'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.

Flex LNG Days Payable Chart

Flex LNG 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 6.99 4.87 6.82 6.59 14.20

Flex LNG 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 6.83 7.31 12.81 20.82 18.66

STU:0QQA vs GLP, GEL, LPG: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Flex LNG'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.


Flex LNG Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Flex LNG's Days Payable falls into.


STU:0QQA
65GF Score
Flex LNG Ltd STU:0QQA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Flex LNG 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.

Flex LNG'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
=( (1.912 + 8.974) / 2 ) / 139.942*365
=5.443 / 139.942*365
=14.20

Flex LNG'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
=( (8.974 + 6.49) / 2 ) / 37.805*365 / 4
=7.732 / 37.805*365 / 4
=18.66

* 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 18.66 mean?
Flex LNG (STU:0QQA) has a Days Payable of 18.66 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 Flex LNG and its competitors. This is 176% above median its historical median of 6.76. Over the past decade, Flex LNG's Days Payable has ranged from 0.61 to 14.94. According to the industry distribution chart, Flex LNG ranks #772 out of 850 companies in the Oil & Gas industry, placing it in the top 90.8%.
Is Flex LNG's Days Payable too high?
Flex LNG's current Days Payable of 18.66 is 176% above median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 14.94. The Oil & Gas industry median Days Payable is 57.45. Flex LNG's value of 18.66 is 67.5% below this industry median. Based on the distribution chart, Flex LNG ranks #772 out of 850 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Flex LNG has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Flex LNG's Days Payable compare to GLP and GEL?
According to the Oil & Gas industry distribution chart, Flex LNG ranks #772 out of 850 companies for Days Payable. This places Flex LNG in the lower half of its industry. The industry median Days Payable is 57.45. Flex LNG's value of 18.66 is 67.5% below this benchmark. Historically, Flex LNG's own Days Payable has ranged from 0.61 to 14.94 over the past decade. While the company's 10-year median is 6.76 vs. the industry median of 57.45, Flex LNG 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 57.45, 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. Flex LNG's current Days Payable of 18.66 is 67.5% 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 Flex LNG 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. Flex LNG's current Days Payable is 18.66, which is 176% above median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flex LNG stock overvalued right now?
Based on GuruFocus' analysis, Flex LNG (STU:0QQA) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.01, compared to a current price of €27.15 — trading 23.4% above its estimated fair value. The current Days Payable is 18.66, which is 176% above median its 10-year median of 6.76 and 67.5% below the Oil & Gas industry median of 57.45. Flex LNG's overall GF Score™ is 65/100 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 Flex LNG (STU:0QQA), the current Days Payable is 18.66 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 Flex LNG (STU:0QQA) Overvalued in 2026?

Based on GuruFocus' analysis, Flex LNG stock appears to be overvalued. The current stock price of €27.15 is trading 23.4% above its estimated GF Value™ of €22.01. GuruFocus considers Flex LNG to be Modestly Overvalued.

Key valuation signals for STU:0QQA:

  • Days Payable: 18.66 (176% above median its 10-year median of 6.76)
  • GF Value™: €22.01 vs. price of €27.15 (23.4% above fair value)
  • GF Score™: 65/100 with 9 warning signs
  • Industry Position: 67.5% below the Oil & Gas median (#772 of 850)

No single metric tells the full story. See the STU:0QQA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Flex LNG Business Description

Industry EnergyOil & Gas
Other Exchanges FLNG:USA
Address 14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The company's fleet consists of several LNG carriers on the water, and all of its vessels are of the latest generation equipped with two-stroke propulsion. Its fleet consists of M-type, Electronically Controlled, Gas Injection (MEGI) LNG carriers and Generation X Dual Fuel (X-DF) LNG carriers, offering improvements in fuel efficiency and thus also carbon footprint compared to the older steam and four-stroke propelled ships. The company has one reportable segment: vessel operations, which generates revenue from the chartering of vessels to customers.
65GF Score

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

€27.15
Price
€22.01
GF Value