National Company KazMunayGaz JSC (XKAZ:KMGZ) Days Payable: 26.66 (As of Jun. 2026) — 33% Below Median

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XKAZ:KMGZ National Company KazMunayGaz JSC XKAZ:KMGZ
65 GF Score
Price ₸35,560.00
GF Value ₸19,777.96
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is National Company KazMunayGaz JSC Days Payable?

National Company KazMunayGaz JSC XKAZ:KMGZ +0.03% 65 Days Payable is 26.66 as of Jun. 2026, which is 33% below its 10-year median of 39.78. GuruFocus rates XKAZ:KMGZ with a GF Score™ of 65/100 and a GF Value™ of ₸19,777.96 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 858 Oil & Gas companies, National Company KazMunayGaz JSC ranks worse than 77.27% on this metric.

National Company KazMunayGaz JSC's average Accounts Payable for the three months ended in Jun. 2026 was ₸691,434 Mil. National Company KazMunayGaz JSC's Cost of Goods Sold for the three months ended in Jun. 2026 was ₸2,366,749 Mil. Hence, National Company KazMunayGaz JSC's Days Payable for the three months ended in Jun. 2026 was 26.66.

The historical rank and industry rank for National Company KazMunayGaz JSC's Days Payable or its related term are showing as below:

XKAZ:KMGZ' s Days Payable Range Over the Past 10 Years
Min: 28.44   Med: 39.78   Max: 76.48
Current: 29.18

During the past 13 years, National Company KazMunayGaz JSC's highest Days Payable was 76.48. The lowest was 28.44. And the median was 39.78.

XKAZ:KMGZ's Days Payable is ranked worse than
77.27% of 858 companies
in the Oil & Gas industry
Industry Median: 59.635 vs XKAZ:KMGZ: 29.18

National Company KazMunayGaz JSC's Days Payable declined from Jun. 2025 (31.89) to Jun. 2026 (26.66). It may suggest that National Company KazMunayGaz JSC accelerated paying its suppliers.


National Company KazMunayGaz JSC Days Payable Related Terms


National Company KazMunayGaz JSC Days Payable Historical Data

* Premium members only.

The historical data trend for National Company KazMunayGaz JSC'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.

National Company KazMunayGaz JSC Days Payable Chart

National Company KazMunayGaz JSC 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 40.56 31.44 34.07 35.74 28.41

National Company KazMunayGaz JSC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 31.89 29.50 30.59 31.93 26.66

XKAZ:KMGZ vs MPC, VLO, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, National Company KazMunayGaz JSC'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.


National Company KazMunayGaz JSC Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Company KazMunayGaz JSC's Days Payable distribution charts can be found below:

* The bar in red indicates where National Company KazMunayGaz JSC's Days Payable falls into.


XKAZ:KMGZ
65GF Score
National Company KazMunayGaz JSC XKAZ:KMGZ
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Company KazMunayGaz JSC 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.

National Company KazMunayGaz JSC'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
=( (598787 + 546873) / 2 ) / 7359035*365
=572830 / 7359035*365
=28.41

National Company KazMunayGaz JSC's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (704963 + 677904) / 2 ) / 2366749*365 / 4
=691433.5 / 2366749*365 / 4
=26.66

* 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 26.66 mean?
National Company KazMunayGaz JSC (XKAZ:KMGZ) has a Days Payable of 26.66 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on National Company KazMunayGaz JSC and its competitors. This is 33% below median its historical median of 39.78. Over the past decade, National Company KazMunayGaz JSC's Days Payable has ranged from 28.44 to 76.48. According to the industry distribution chart, National Company KazMunayGaz JSC ranks #663 out of 858 companies in the Oil & Gas industry, placing it in the top 77.3%.
Is National Company KazMunayGaz JSC's Days Payable too high?
National Company KazMunayGaz JSC's current Days Payable of 26.66 is 33% below median its 10-year median of 39.78. Over the past 10 years, this metric has ranged from a low of 28.44 to a high of 76.48. The Oil & Gas industry median Days Payable is 59.64. National Company KazMunayGaz JSC's value of 26.66 is 55.3% below this industry median. Based on the distribution chart, National Company KazMunayGaz JSC ranks #663 out of 858 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, National Company KazMunayGaz JSC has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Company KazMunayGaz JSC's Days Payable compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, National Company KazMunayGaz JSC ranks #663 out of 858 companies for Days Payable. This places National Company KazMunayGaz JSC in the lower half of its industry. The industry median Days Payable is 59.64. National Company KazMunayGaz JSC's value of 26.66 is 55.3% below this benchmark. Historically, National Company KazMunayGaz JSC's own Days Payable has ranged from 28.44 to 76.48 over the past decade. While the company's 10-year median is 39.78 vs. the industry median of 59.64, National Company KazMunayGaz JSC 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 59.64, based on 858 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. National Company KazMunayGaz JSC's current Days Payable of 26.66 is 55.3% 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 National Company KazMunayGaz JSC and its competitors. For the Oil & Gas industry, the median Days Payable is 59.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Company KazMunayGaz JSC's current Days Payable is 26.66, which is 33% below median its own 10-year median of 39.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Company KazMunayGaz JSC stock overvalued right now?
Based on GuruFocus' analysis, National Company KazMunayGaz JSC (XKAZ:KMGZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₸19,777.96, compared to a current price of ₸35,560.00 — trading 79.8% above its estimated fair value. The current Days Payable is 26.66, which is 33% below median its 10-year median of 39.78 and 55.3% below the Oil & Gas industry median of 59.64. National Company KazMunayGaz JSC's overall GF Score™ is 65/100 with 7 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 National Company KazMunayGaz JSC (XKAZ:KMGZ), the current Days Payable is 26.66 as of Jun. 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 National Company KazMunayGaz JSC (XKAZ:KMGZ) Overvalued in 2026?

Based on GuruFocus' analysis, National Company KazMunayGaz JSC stock appears to be overvalued. The current stock price of ₸35,560.00 is trading 79.8% above its estimated GF Value™ of ₸19,777.96. GuruFocus considers National Company KazMunayGaz JSC to be Significantly Overvalued.

Key valuation signals for XKAZ:KMGZ:

  • Days Payable: 26.66 (33% below median its 10-year median of 39.78)
  • GF Value™: ₸19,777.96 vs. price of ₸35,560.00 (79.8% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 55.3% below the Oil & Gas median (#663 of 858)

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


National Company KazMunayGaz JSC Business Description

Industry EnergyOil & Gas
Address Kunayev street, 8, Republic of Kazakhstan D, Astana, KAZ, 010000
National Company KazMunayGaz JSC Group's activities comprise the exploration and production of oil and gas, transportation, refining, and marketing of hydrocarbons and petroleum products, with trading activities carried out in the Republic of Kazakhstan. The Group's activity consists of three main operating segments: exploration and production of oil and gas, oil transportation, and refining and trading of crude oil and refined products, which generates maximum revenue. It operates in the UAE, which generates maximum revenue, as well as in Kazakhstan, Romania, Switzerland, the Netherlands, and other countries.
65GF Score

Get the complete analysis for XKAZ:KMGZ

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

₸35,560.00
Price
₸19,777.96
GF Value