TNK (Teekay Tankers) Days Payable: 14.54 (As of Mar. 2026) — Near Median


TNK Teekay Tankers Ltd TNK
65 GF Score
Price $64.87
GF Value $38.07
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Teekay Tankers Days Payable?

Teekay Tankers TNK -1.70% 65 Days Payable is 14.54 as of Mar. 2026, which is 2% below its 10-year median of 14.90. GuruFocus rates TNK with a GF Score™ of 65/100 and a GF Value™ of $38.07 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 854 Oil & Gas companies, Teekay Tankers ranks worse than 91.22% on this metric.

Teekay Tankers's average Accounts Payable for the three months ended in Mar. 2026 was $24 Mil. Teekay Tankers's Cost of Goods Sold for the three months ended in Mar. 2026 was $151 Mil. Hence, Teekay Tankers's Days Payable for the three months ended in Mar. 2026 was 14.54.

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

TNK' s Days Payable Range Over the Past 10 Years
Min: 4.76   Med: 14.9   Max: 29.33
Current: 13.01

During the past 13 years, Teekay Tankers's highest Days Payable was 29.33. The lowest was 4.76. And the median was 14.90.

TNK's Days Payable is ranked worse than
91.22% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs TNK: 13.01

Teekay Tankers's Days Payable increased from Mar. 2025 (12.82) to Mar. 2026 (14.54). It may suggest that Teekay Tankers delayed paying its suppliers.


Teekay Tankers Days Payable Historical Data

* Premium members only.

The historical data trend for Teekay 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.

Teekay Tankers Days Payable Chart

Teekay 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 20.03 16.15 15.60 12.99 12.02

Teekay 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 12.82 13.18 11.02 11.24 14.54

TNK vs NGL, DHT, GEL: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Teekay 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.


Teekay Tankers Days Payable vs Oil & Gas Industry

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

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


TNK
65GF Score
Teekay Tankers Ltd TNK
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Teekay 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.

Teekay 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
=( (25.55 + 19.926) / 2 ) / 690.221*365
=22.738 / 690.221*365
=12.02

Teekay 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
=( (19.926 + 28.085) / 2 ) / 150.698*365 / 4
=24.0055 / 150.698*365 / 4
=14.54

* 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 14.54 mean?
Teekay Tankers (TNK) has a Days Payable of 14.54 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 Teekay Tankers and its competitors. This is near median its historical median of 14.90. Over the past decade, Teekay Tankers' Days Payable has ranged from 4.76 to 29.33. According to the industry distribution chart, Teekay Tankers ranks #779 out of 854 companies in the Oil & Gas industry, placing it in the top 91.2%.
Is Teekay Tankers' Days Payable too high?
Teekay Tankers' current Days Payable of 14.54 is near median its 10-year median of 14.90. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 29.33. The Oil & Gas industry median Days Payable is 57.15. Teekay Tankers' value of 14.54 is 74.6% below this industry median. Based on the distribution chart, Teekay Tankers ranks #779 out of 854 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Teekay Tankers has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Teekay Tankers' Days Payable compare to NGL and DHT?
According to the Oil & Gas industry distribution chart, Teekay Tankers ranks #779 out of 854 companies for Days Payable. This places Teekay Tankers in the lower half of its industry. The industry median Days Payable is 57.15. Teekay Tankers' value of 14.54 is 74.6% below this benchmark. Historically, Teekay Tankers' own Days Payable has ranged from 4.76 to 29.33 over the past decade. While the company's 10-year median is 14.90 vs. the industry median of 57.15, Teekay 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 57.15, based on 854 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. Teekay Tankers's current Days Payable of 14.54 is 74.6% 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 Teekay Tankers and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teekay Tankers's current Days Payable is 14.54, which is near median its own 10-year median of 14.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teekay Tankers stock overvalued right now?
Based on GuruFocus' analysis, Teekay Tankers (TNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $38.07, compared to a current price of $64.87 — trading 70.4% above its estimated fair value. The current Days Payable is 14.54, which is near median its 10-year median of 14.90 and 74.6% below the Oil & Gas industry median of 57.15. Teekay Tankers' overall GF Score™ is 65/100 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 Teekay Tankers (TNK), the current Days Payable is 14.54 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 Teekay Tankers (TNK) Overvalued in 2026?

Based on GuruFocus' analysis, Teekay Tankers stock appears to be overvalued. The current stock price of $64.87 is trading 70.4% above its estimated GF Value™ of $38.07. GuruFocus considers Teekay Tankers to be Significantly Overvalued.

Key valuation signals for TNK:

  • Days Payable: 14.54 (near median its 10-year median of 14.90)
  • GF Value™: $38.07 vs. price of $64.87 (70.4% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 74.6% below the Oil & Gas median (#779 of 854)

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


Teekay Tankers Business Description

Industry EnergyOil & Gas
Other Exchanges 0EAQ:UKS52:Germany
Address 26 Victoria Street, 2nd Floor, Swan Building, Hamilton, BMU, HM 12
Teekay Tankers Ltd is a provider of marine services to the international oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: Tankers, which consists of the operation of all of the company's tankers (including the operations from those tankers employed on full service lightering contracts), and the company's U.S. based ship-to-ship support service operations (including its lightering support services provided as part of full service lightering operations); and Marine Services, which consists of operational and maintenance marine services provided to the Australian government, Australian energy companies and other third parties. The company generates the majority of its revenue from the Tankers segment.
65GF Score

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

$64.87
Price
$38.07
GF Value