Patterson-UTI Energy (STU:PE1) Days Payable: 38.77 (As of Mar. 2026) — 18% Above Median

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STU:PE1 Patterson-UTI Energy Inc STU:PE1
66 GF Score
Price €8.60
GF Value €7.03
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Patterson-UTI Energy Days Payable?

Patterson-UTI Energy STU:PE1 +3.39% 66 Days Payable is 38.77 as of Mar. 2026, which is 18% above its 10-year median of 32.98. GuruFocus rates STU:PE1 with a GF Score™ of 66/100 and a GF Value™ of €7.03 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 851 Oil & Gas companies, Patterson-UTI Energy ranks worse than 66.86% on this metric.

Patterson-UTI Energy's average Accounts Payable for the three months ended in Mar. 2026 was €392 Mil. Patterson-UTI Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was €923 Mil. Hence, Patterson-UTI Energy's Days Payable for the three months ended in Mar. 2026 was 38.77.

The historical rank and industry rank for Patterson-UTI Energy's Days Payable or its related term are showing as below:

STU:PE1' s Days Payable Range Over the Past 10 Years
Min: 26.58   Med: 32.98   Max: 39.74
Current: 37.8

During the past 13 years, Patterson-UTI Energy's highest Days Payable was 39.74. The lowest was 26.58. And the median was 32.98.

STU:PE1's Days Payable is ranked worse than
66.86% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs STU:PE1: 37.80

Patterson-UTI Energy's Days Payable increased from Mar. 2025 (36.28) to Mar. 2026 (38.77). It may suggest that Patterson-UTI Energy delayed paying its suppliers.


Patterson-UTI Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Patterson-UTI Energy'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.

Patterson-UTI Energy Days Payable Chart

Patterson-UTI Energy 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 25.97 32.53 40.10 33.49 37.40

Patterson-UTI Energy 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 36.28 37.34 36.49 38.87 38.77

STU:PE1 vs HP, SDRL, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Patterson-UTI Energy'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.


Patterson-UTI Energy Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Patterson-UTI Energy's Days Payable falls into.


STU:PE1
66GF Score
Patterson-UTI Energy Inc STU:PE1
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Patterson-UTI Energy 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.

Patterson-UTI Energy'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
=( (402.359 + 402.048) / 2 ) / 3925.638*365
=402.2035 / 3925.638*365
=37.40

Patterson-UTI Energy'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
=( (402.048 + 382.696) / 2 ) / 923.43*365 / 4
=392.372 / 923.43*365 / 4
=38.77

* 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 38.77 mean?
Patterson-UTI Energy (STU:PE1) has a Days Payable of 38.77 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 Patterson-UTI Energy and its competitors. This is 18% above median its historical median of 32.98. Over the past decade, Patterson-UTI Energy's Days Payable has ranged from 26.58 to 39.74. According to the industry distribution chart, Patterson-UTI Energy ranks #569 out of 851 companies in the Oil & Gas industry, placing it in the top 66.9%.
Is Patterson-UTI Energy's Days Payable too high?
Patterson-UTI Energy's current Days Payable of 38.77 is 18% above median its 10-year median of 32.98. Over the past 10 years, this metric has ranged from a low of 26.58 to a high of 39.74. The Oil & Gas industry median Days Payable is 57.95. Patterson-UTI Energy's value of 38.77 is 33.1% below this industry median. Based on the distribution chart, Patterson-UTI Energy ranks #569 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Patterson-UTI Energy has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patterson-UTI Energy's Days Payable compare to HP and SDRL?
According to the Oil & Gas industry distribution chart, Patterson-UTI Energy ranks #569 out of 851 companies for Days Payable. This places Patterson-UTI Energy in the lower half of its industry. The industry median Days Payable is 57.95. Patterson-UTI Energy's value of 38.77 is 33.1% below this benchmark. Historically, Patterson-UTI Energy's own Days Payable has ranged from 26.58 to 39.74 over the past decade. While the company's 10-year median is 32.98 vs. the industry median of 57.95, Patterson-UTI Energy 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 57.95, based on 851 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. Patterson-UTI Energy's current Days Payable of 38.77 is 33.1% 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 Patterson-UTI Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patterson-UTI Energy's current Days Payable is 38.77, which is 18% above median its own 10-year median of 32.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patterson-UTI Energy stock overvalued right now?
Based on GuruFocus' analysis, Patterson-UTI Energy (STU:PE1) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.03, compared to a current price of €8.60 — trading 22.3% above its estimated fair value. The current Days Payable is 38.77, which is 18% above median its 10-year median of 32.98 and 33.1% below the Oil & Gas industry median of 57.95. Patterson-UTI Energy's overall GF Score™ is 66/100 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 Patterson-UTI Energy (STU:PE1), the current Days Payable is 38.77 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 Patterson-UTI Energy (STU:PE1) Overvalued in 2026?

Based on GuruFocus' analysis, Patterson-UTI Energy stock appears to be overvalued. The current stock price of €8.60 is trading 22.3% above its estimated GF Value™ of €7.03. GuruFocus considers Patterson-UTI Energy to be Modestly Overvalued.

Key valuation signals for STU:PE1:

  • Days Payable: 38.77 (18% above median its 10-year median of 32.98)
  • GF Value™: €7.03 vs. price of €8.60 (22.3% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 33.1% below the Oil & Gas median (#569 of 851)

No single metric tells the full story. See the STU:PE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Patterson-UTI Energy Business Description

Industry EnergyOil & Gas
Other Exchanges PTEN:USA
Address 10713 West Sam Houston Parkway North, Suite 800, Houston, TX, USA, 77064
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.
66GF Score

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

€8.60
Price
€7.03
GF Value