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Okea ASASTU:3SX +0.98%60 Days Payable is 9.85 as of Jun. 2026, which is 73% below its 10-year median of 36.30. GuruFocus rates STU:3SX with a GF Score™ of 60/100 and a GF Value™ of €1.97 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 850 Oil & Gas companies, Okea ASA ranks worse than 88.24% on this metric.
Okea ASA's average Accounts Payable for the
three
months ended in Jun. 2026 was €15.4 Mil. Okea ASA's Cost of Goods Sold for the
three
months ended in Jun. 2026 was €142.3 Mil.
Hence, Okea ASA's Days Payable for the
three
months ended in Jun. 2026 was 9.85.
The historical rank and industry rank for Okea ASA's Days Payable or its related term are showing as below:
STU:3SX'
s Days Payable Range Over the Past 10 Years
Min: 13.07 Med: 36.3 Max: 2601.05
Current: 18.23
During the past 11 years, Okea ASA's highest Days Payable was 2601.05. The lowest was 13.07. And the median was 36.30.
STU:3SX's Days Payable is ranked worse than 88.24% of 850
companies
in the Oil & Gas industry
Industry Median: 58.46
vs STU:3SX: 18.23
Okea ASA's Days Payable
declined
from Jun. 2025 (20.45) to Jun. 2026 (9.85).
It may suggest that Okea ASAaccelerated paying its suppliers.
The historical data trend for Okea 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.
STU:3SX vs COP, EOG, FANG: Days Payable Comparison
For the Oil & Gas E&P subindustry, Okea 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.
Okea ASA Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Okea ASA's Days Payable distribution charts can be found below:
* The bar in red indicates where Okea 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.
Okea 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.
Okea ASA (STU:3SX) has a Days Payable of 9.85 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Okea ASA and its competitors. This is 73% below median its historical median of 36.30. Over the past decade, Okea ASA's Days Payable has ranged from 13.07 to 2,601.05. According to the industry distribution chart, Okea ASA ranks #750 out of 850 companies in the Oil & Gas industry, placing it in the top 88.2%.
Is Okea ASA's Days Payable too high?
Okea ASA's current Days Payable of 9.85 is 73% below median its 10-year median of 36.30. Over the past 10 years, this metric has ranged from a low of 13.07 to a high of 2,601.05. The Oil & Gas industry median Days Payable is 58.46. Okea ASA's value of 9.85 is 83.2% below this industry median. Based on the distribution chart, Okea ASA ranks #750 out of 850 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Okea ASA has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okea ASA's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Okea ASA ranks #750 out of 850 companies for Days Payable. This places Okea ASA in the lower half of its industry. The industry median Days Payable is 58.46. Okea ASA's value of 9.85 is 83.2% below this benchmark. Historically, Okea ASA's own Days Payable has ranged from 13.07 to 2,601.05 over the past decade. While the company's 10-year median is 36.30 vs. the industry median of 58.46, Okea ASA 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 58.46, 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. Okea ASA's current Days Payable of 9.85 is 83.2% 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 Okea ASA and its competitors. For the Oil & Gas industry, the median Days Payable is 58.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okea ASA's current Days Payable is 9.85, which is 73% below median its own 10-year median of 36.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okea ASA stock overvalued right now?
Based on GuruFocus' analysis, Okea ASA (STU:3SX) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.97, compared to a current price of €3.10 — trading 57.1% above its estimated fair value. The current Days Payable is 9.85, which is 73% below median its 10-year median of 36.30 and 83.2% below the Oil & Gas industry median of 58.46. Okea ASA's overall GF Score™ is 60/100 with 2 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 Okea ASA (STU:3SX), the current Days Payable is 9.85 as of Jun. 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 Okea ASA (STU:3SX) Overvalued in 2026?
Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued.
The current stock price of €3.10 is trading 57.1% above its estimated GF Value™ of €1.97.
GuruFocus considers Okea ASA to be Significantly Overvalued.
Key valuation signals for STU:3SX:
Days Payable: 9.85 (73% below median its 10-year median of 36.30)
GF Value™: €1.97 vs. price of €3.10 (57.1% above fair value)
Industry Position: 83.2% below the Oil & Gas median (#750 of 850)
No single metric tells the full story. See the STU:3SX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.
60GF Score
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