Nordic American Tankers (STU:B30) Days Payable: 12.45 (As of Mar. 2026) — 90% Above Median


STU:B30 Nordic American Tankers Ltd STU:B30
41 GF Score
Price €5.03
GF Value €2.47
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Nordic American Tankers Days Payable?

Nordic American Tankers STU:B30 -1.28% 41 Days Payable is 12.45 as of Mar. 2026, which is 90% above its 10-year median of 6.56. GuruFocus rates STU:B30 with a GF Score™ of 41/100 and a GF Value™ of €2.47 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 853 Oil & Gas companies, Nordic American Tankers ranks worse than 96.83% on this metric.

Nordic American Tankers's average Accounts Payable for the three months ended in Mar. 2026 was €3.5 Mil. Nordic American Tankers's Cost of Goods Sold for the three months ended in Mar. 2026 was €25.8 Mil. Hence, Nordic American Tankers's Days Payable for the three months ended in Mar. 2026 was 12.45.

The historical rank and industry rank for Nordic American Tankers's Days Payable or its related term are showing as below:

STU:B30' s Days Payable Range Over the Past 10 Years
Min: 4.05   Med: 6.56   Max: 8.92
Current: 6.73

During the past 13 years, Nordic American Tankers's highest Days Payable was 8.92. The lowest was 4.05. And the median was 6.56.

STU:B30's Days Payable is ranked worse than
96.83% of 853 companies
in the Oil & Gas industry
Industry Median: 57.73 vs STU:B30: 6.73

Nordic American Tankers's Days Payable declined from Mar. 2025 (12.99) to Mar. 2026 (12.45). It may suggest that Nordic American Tankers accelerated paying its suppliers.


Nordic American Tankers Days Payable Historical Data

* Premium members only.

The historical data trend for Nordic American Tankers'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.

Nordic American Tankers Days Payable Chart

Nordic American Tankers 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 7.15 8.41 8.04 5.67 5.67

Nordic American Tankers 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 12.99 13.25 13.55 2.14 12.45

STU:B30 vs NVGS, EE, PBT: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Nordic American Tankers'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.


Nordic American Tankers Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Nordic American Tankers's Days Payable falls into.


STU:B30
41GF Score
Nordic American Tankers Ltd STU:B30
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Nordic American Tankers 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.

Nordic American Tankers'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
=( (4.065 + 2.159) / 2 ) / 200.308*365
=3.112 / 200.308*365
=5.67

Nordic American Tankers'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
=( (2.159 + 4.891) / 2 ) / 25.843*365 / 4
=3.525 / 25.843*365 / 4
=12.45

* 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 12.45 mean?
Nordic American Tankers (STU:B30) has a Days Payable of 12.45 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 Nordic American Tankers and its competitors. This is 90% above median its historical median of 6.56. Over the past decade, Nordic American Tankers' Days Payable has ranged from 4.05 to 8.92. According to the industry distribution chart, Nordic American Tankers ranks #826 out of 853 companies in the Oil & Gas industry, placing it in the top 96.8%.
Is Nordic American Tankers' Days Payable too high?
Nordic American Tankers' current Days Payable of 12.45 is 90% above median its 10-year median of 6.56. Over the past 10 years, this metric has ranged from a low of 4.05 to a high of 8.92. The Oil & Gas industry median Days Payable is 57.73. Nordic American Tankers' value of 12.45 is 78.4% below this industry median. Based on the distribution chart, Nordic American Tankers ranks #826 out of 853 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Nordic American Tankers has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic American Tankers' Days Payable compare to NVGS and EE?
According to the Oil & Gas industry distribution chart, Nordic American Tankers ranks #826 out of 853 companies for Days Payable. This places Nordic American Tankers in the lower half of its industry. The industry median Days Payable is 57.73. Nordic American Tankers' value of 12.45 is 78.4% below this benchmark. Historically, Nordic American Tankers' own Days Payable has ranged from 4.05 to 8.92 over the past decade. While the company's 10-year median is 6.56 vs. the industry median of 57.73, Nordic American Tankers 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 57.73, based on 853 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. Nordic American Tankers's current Days Payable of 12.45 is 78.4% 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 Nordic American Tankers and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic American Tankers's current Days Payable is 12.45, which is 90% above median its own 10-year median of 6.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic American Tankers stock overvalued right now?
Based on GuruFocus' analysis, Nordic American Tankers (STU:B30) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.47, compared to a current price of €5.03 — trading 103.6% above its estimated fair value. The current Days Payable is 12.45, which is 90% above median its 10-year median of 6.56 and 78.4% below the Oil & Gas industry median of 57.73. Nordic American Tankers' overall GF Score™ is 41/100 with 6 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 Nordic American Tankers (STU:B30), the current Days Payable is 12.45 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 Nordic American Tankers (STU:B30) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic American Tankers stock appears to be overvalued. The current stock price of €5.03 is trading 103.6% above its estimated GF Value™ of €2.47. GuruFocus considers Nordic American Tankers to be Significantly Overvalued.

Key valuation signals for STU:B30:

  • Days Payable: 12.45 (90% above median its 10-year median of 6.56)
  • GF Value™: €2.47 vs. price of €5.03 (103.6% above fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 78.4% below the Oil & Gas median (#826 of 853)

No single metric tells the full story. See the STU:B30 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nordic American Tankers Business Description

Industry EnergyOil & Gas
Other Exchanges NAT:USA0UC0:UK
Address 14 Par La Ville Street, Par La Ville Place, Hamilton, BMU, HM 12
Nordic American Tankers Ltd owns and operates double-hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters according to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.
41GF Score

Get the complete analysis for STU:B30

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

€5.03
Price
€2.47
GF Value