NIS AD (XBEL:NIIS) Days Payable: 21.17 (As of Mar. 2026) — 49% Below Median

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XBEL:NIIS NIS AD XBEL:NIIS
18 GF Score
Price RSD705.00
GF Value RSD705.03
! 3 Warning Signs
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What is NIS AD Days Payable?

NIS AD XBEL:NIIS 18 Days Payable is 21.17 as of Mar. 2026, which is 49% below its 10-year median of 41.27. GuruFocus rates XBEL:NIIS with a GF Score™ of 18/100 and a GF Value™ of RSD705.03. The stock has 3 warning signs investors should review.

NIS AD's average Accounts Payable for the three months ended in Mar. 2026 was RSD11,978 Mil. NIS AD's Cost of Goods Sold for the three months ended in Mar. 2026 was RSD51,621 Mil. Hence, NIS AD's Days Payable for the three months ended in Mar. 2026 was 21.17.

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

XBEL:NIIS' s Days Payable Range Over the Past 10 Years
Min: 18.41   Med: 41.27   Max: 63.75
Current: 20.1

During the past 13 years, NIS AD's highest Days Payable was 63.75. The lowest was 18.41. And the median was 41.27.

XBEL:NIIS's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 58.035 vs XBEL:NIIS: 20.10

NIS AD's Days Payable declined from Mar. 2025 (25.19) to Mar. 2026 (21.17). It may suggest that NIS AD accelerated paying its suppliers.


NIS AD Days Payable Historical Data

* Premium members only.

The historical data trend for NIS AD'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.

NIS AD Days Payable Chart

NIS AD 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 34.87 24.59 23.48 18.41 22.53

NIS AD 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 25.19 19.04 17.54 22.63 21.17

XBEL:NIIS vs PSX, MPC, VLO: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, NIS AD'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.


NIS AD Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where NIS AD's Days Payable falls into.


XBEL:NIIS
18GF Score
NIS AD XBEL:NIIS
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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NIS AD 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.

NIS AD'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
=( (17780.968 + 11732.749) / 2 ) / 239029.33*365
=14756.8585 / 239029.33*365
=22.53

NIS AD'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
=( (11732.749 + 12222.869) / 2 ) / 51621.068*365 / 4
=11977.809 / 51621.068*365 / 4
=21.17

* 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 21.17 mean?
NIS AD (XBEL:NIIS) has a Days Payable of 21.17 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 NIS AD and its competitors. This is 49% below median its historical median of 41.27. Over the past decade, NIS AD's Days Payable has ranged from 18.41 to 63.75.
Is NIS AD's Days Payable too high?
NIS AD's current Days Payable of 21.17 is 49% below median its 10-year median of 41.27. Over the past 10 years, this metric has ranged from a low of 18.41 to a high of 63.75. The Oil & Gas industry median Days Payable is 58.04. NIS AD's value of 21.17 is 63.5% below this industry median. Overall, NIS AD has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does NIS AD's Days Payable compare to PSX and MPC?
NIS AD's Days Payable of 21.17 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 58.04. NIS AD's value of 21.17 is 63.5% below this benchmark. Historically, NIS AD's own Days Payable has ranged from 18.41 to 63.75 over the past decade. While the company's 10-year median is 41.27 vs. the industry median of 58.04, NIS AD 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 58.04, 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. NIS AD's current Days Payable of 21.17 is 63.5% 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 NIS AD and its competitors. For the Oil & Gas industry, the median Days Payable is 58.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIS AD's current Days Payable is 21.17, which is 49% below median its own 10-year median of 41.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIS AD stock overvalued right now?
NIS AD (XBEL:NIIS) has a current Days Payable of 21.17. The stock's GF Value™ is RSD705.03, compared to a current price of RSD705.00 — trading 0% below its estimated fair value. The current Days Payable is 21.17, which is 49% below median its 10-year median of 41.27 and 63.5% below the Oil & Gas industry median of 58.04. NIS AD's overall GF Score™ is 18/100 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 NIS AD (XBEL:NIIS), the current Days Payable is 21.17 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 NIS AD (XBEL:NIIS) Overvalued in 2026?

Based on GuruFocus' analysis, NIS AD stock appears to be undervalued. The current stock price of RSD705.00 is trading 0% below its estimated GF Value™ of RSD705.03.

Key valuation signals for XBEL:NIIS:

  • Days Payable: 21.17 (49% below median its 10-year median of 41.27)
  • GF Value™: RSD705.03 vs. price of RSD705.00 (0% below fair value)
  • GF Score™: 18/100 with 3 warning signs
  • Industry Position: 63.5% below the Oil & Gas median

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


NIS AD Business Description

Industry EnergyOil & Gas
Address Narodnog Fronta 12, Novi Sad, SRB, 21000
NIS AD is vertically-integrated energy company operating in Serbia. It engages in the exploration, production, and development of crude oil and gas as well as the production of refined petroleum products, petroleum products and gas trading and electric generation and trading. NIS operates through two segments namely Upstream and Downstream. The Upstream segment includes exploration, development, and production of crude oil and natural gas and oil field services whereas the Downstream segment includes refining and marketing, processing of crude oil into refined products and purchases, sale and transport of crude and refined petroleum products. The company's products are compressed natural gas, motor fuels, energy fuels, oils and lubricants, petrochemical products, and other products.
18GF Score

Get the complete analysis for XBEL:NIIS

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

RSD705.00
Price
RSD705.03
GF Value