Ghana Oil CoXGHA:GOIL +0.67%77 Days Payable is 52.13 as of Dec. 2025, which is 16% above its 10-year median of 44.76. GuruFocus rates XGHA:GOIL with a GF Score™ of 77/100 and a GF Value™ of GHS1.52 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 851 Oil & Gas companies, Ghana Oil Co ranks worse than 54.41% on this metric.
The historical rank and industry rank for Ghana Oil Co's Days Payable or its related term are showing as below:
XGHA:GOIL'
s Days Payable Range Over the Past 10 Years
Min: 37.44 Med: 44.76 Max: 63.06
Current: 52.13
During the past 13 years, Ghana Oil Co's highest Days Payable was 63.06. The lowest was 37.44. And the median was 44.76.
XGHA:GOIL's Days Payable is ranked worse than 54.41% of 851
companies
in the Oil & Gas industry
Industry Median: 57.95
vs XGHA:GOIL: 52.13
Ghana Oil Co's Days Payable
declined
from Dec. 2023 (52.86) to Dec. 2025 (52.13).
It may suggest that Ghana Oil Coaccelerated paying its suppliers.
Ghana Oil Co Days Payable Related Terms
Ghana Oil Co Days Payable Historical Data
* Premium members only.
The historical data trend for Ghana Oil Co'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.
XGHA:GOIL vs VLO, MPC, PSX: Days Payable Comparison
For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co'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.
Ghana Oil Co Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ghana Oil Co's Days Payable distribution charts can be found below:
* The bar in red indicates where Ghana Oil Co'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.
Ghana Oil Co'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.
Ghana Oil Co (XGHA:GOIL) has a Days Payable of 52.13 as of Dec. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ghana Oil Co and its competitors. This is 16% above median its historical median of 44.76. Over the past decade, Ghana Oil Co's Days Payable has ranged from 37.44 to 63.06. According to the industry distribution chart, Ghana Oil Co ranks #463 out of 851 companies in the Oil & Gas industry, placing it in the top 54.4%.
Is Ghana Oil Co's Days Payable too high?
Ghana Oil Co's current Days Payable of 52.13 is 16% above median its 10-year median of 44.76. Over the past 10 years, this metric has ranged from a low of 37.44 to a high of 63.06. The Oil & Gas industry median Days Payable is 57.95. Ghana Oil Co's value of 52.13 is 10% below this industry median. Based on the distribution chart, Ghana Oil Co ranks #463 out of 851 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ghana Oil Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #463 out of 851 companies for Days Payable. This places Ghana Oil Co in the lower half of its industry. The industry median Days Payable is 57.95. Ghana Oil Co's value of 52.13 is 10% below this benchmark. Historically, Ghana Oil Co's own Days Payable has ranged from 37.44 to 63.06 over the past decade. While the company's 10-year median is 44.76 vs. the industry median of 57.95, Ghana Oil Co 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. Ghana Oil Co's current Days Payable of 52.13 is 10% 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 Ghana Oil Co 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. Ghana Oil Co's current Days Payable is 52.13, which is 16% above median its own 10-year median of 44.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.52, compared to a current price of GHS7.50 — trading 393.4% above its estimated fair value. The current Days Payable is 52.13, which is 16% above median its 10-year median of 44.76 and 10% below the Oil & Gas industry median of 57.95. Ghana Oil Co's overall GF Score™ is 77/100 with 9 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 Ghana Oil Co (XGHA:GOIL), the current Days Payable is 52.13 as of Dec. 2025. 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 Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?
Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued.
The current stock price of GHS7.50 is trading 393.4% above its estimated GF Value™ of GHS1.52.
GuruFocus considers Ghana Oil Co to be Significantly Overvalued.
Key valuation signals for XGHA:GOIL:
Days Payable: 52.13 (16% above median its 10-year median of 44.76)
GF Value™: GHS1.52 vs. price of GHS7.50 (393.4% above fair value)
Industry Position: 10% below the Oil & Gas median (#463 of 851)
No single metric tells the full story. See the XGHA:GOIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly, and socially responsible manner.
77GF Score
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