Ashdod Refinery (XTAE:ARF) Days Payable: 76.40 (As of Mar. 2026) — 28% Above Median

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XTAE:ARF Ashdod Refinery Ltd XTAE:ARF
51 GF Score
Price ₪118.80
GF Value ₪56.52
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Ashdod Refinery Days Payable?

Ashdod Refinery XTAE:ARF -2.86% 51 Days Payable is 76.40 as of Mar. 2026, which is 28% above its 10-year median of 59.53. GuruFocus rates XTAE:ARF with a GF Score™ of 51/100 and a GF Value™ of ₪56.52 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 851 Oil & Gas companies, Ashdod Refinery ranks better than 58.87% on this metric.

Ashdod Refinery's average Accounts Payable for the three months ended in Mar. 2026 was ₪1,865 Mil. Ashdod Refinery's Cost of Goods Sold for the three months ended in Mar. 2026 was ₪2,228 Mil. Hence, Ashdod Refinery's Days Payable for the three months ended in Mar. 2026 was 76.40.

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

XTAE:ARF' s Days Payable Range Over the Past 10 Years
Min: 45.38   Med: 59.53   Max: 76.45
Current: 76.45

During the past 6 years, Ashdod Refinery's highest Days Payable was 76.45. The lowest was 45.38. And the median was 59.53.

XTAE:ARF's Days Payable is ranked better than
58.87% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs XTAE:ARF: 76.45

Ashdod Refinery's Days Payable increased from Mar. 2025 (69.57) to Mar. 2026 (76.40). It may suggest that Ashdod Refinery delayed paying its suppliers.


Ashdod Refinery Days Payable Historical Data

* Premium members only.

The historical data trend for Ashdod Refinery'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.

Ashdod Refinery Days Payable Chart

Ashdod Refinery Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 71.35 45.38 51.72 59.53 65.90

Ashdod Refinery Quarterly Data
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 69.57 84.82 61.51 91.40 76.40

XTAE:ARF vs VLO, MPC, PSX: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Ashdod Refinery'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.


Ashdod Refinery Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Ashdod Refinery's Days Payable falls into.


XTAE:ARF
51GF Score
Ashdod Refinery Ltd XTAE:ARF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashdod Refinery 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.

Ashdod Refinery'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
=( (1696.433 + 1595.016) / 2 ) / 9115.257*365
=1645.7245 / 9115.257*365
=65.90

Ashdod Refinery'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
=( (1595.016 + 2135.908) / 2 ) / 2228.105*365 / 4
=1865.462 / 2228.105*365 / 4
=76.40

* 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 76.40 mean?
Ashdod Refinery (XTAE:ARF) has a Days Payable of 76.40 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 Ashdod Refinery and its competitors. This is 28% above median its historical median of 59.53. Over the past decade, Ashdod Refinery's Days Payable has ranged from 45.38 to 76.45. According to the industry distribution chart, Ashdod Refinery ranks #350 out of 851 companies in the Oil & Gas industry, placing it in the top 41.1%.
Is Ashdod Refinery's Days Payable too high?
Ashdod Refinery's current Days Payable of 76.40 is 28% above median its 10-year median of 59.53. Over the past 10 years, this metric has ranged from a low of 45.38 to a high of 76.45. The Oil & Gas industry median Days Payable is 57.95. Ashdod Refinery's value of 76.40 is 31.8% above this industry median. Based on the distribution chart, Ashdod Refinery ranks #350 out of 851 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Ashdod Refinery has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashdod Refinery's Days Payable compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ashdod Refinery ranks #350 out of 851 companies for Days Payable. This puts Ashdod Refinery in the upper half of its industry. The industry median Days Payable is 57.95. Ashdod Refinery's value of 76.40 is 31.8% above this benchmark. Historically, Ashdod Refinery's own Days Payable has ranged from 45.38 to 76.45 over the past decade. While the company's 10-year median is 59.53 vs. the industry median of 57.95, Ashdod Refinery has consistently been above 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. Ashdod Refinery's current Days Payable of 76.40 is 31.8% above 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 Ashdod Refinery 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. Ashdod Refinery's current Days Payable is 76.40, which is 28% above median its own 10-year median of 59.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashdod Refinery stock overvalued right now?
Based on GuruFocus' analysis, Ashdod Refinery (XTAE:ARF) is currently considered Significantly Overvalued. The stock's GF Value™ is ₪56.52, compared to a current price of ₪118.80 — trading 110.2% above its estimated fair value. The current Days Payable is 76.40, which is 28% above median its 10-year median of 59.53 and 31.8% above the Oil & Gas industry median of 57.95. Ashdod Refinery's overall GF Score™ is 51/100 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 Ashdod Refinery (XTAE:ARF), the current Days Payable is 76.40 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 Ashdod Refinery (XTAE:ARF) Overvalued in 2026?

Based on GuruFocus' analysis, Ashdod Refinery stock appears to be overvalued. The current stock price of ₪118.80 is trading 110.2% above its estimated GF Value™ of ₪56.52. GuruFocus considers Ashdod Refinery to be Significantly Overvalued.

Key valuation signals for XTAE:ARF:

  • Days Payable: 76.40 (28% above median its 10-year median of 59.53)
  • GF Value™: ₪56.52 vs. price of ₪118.80 (110.2% above fair value)
  • GF Score™: 51/100 with 7 warning signs
  • Industry Position: 31.8% above the Oil & Gas median (#350 of 851)

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


Ashdod Refinery Business Description

Industry EnergyOil & Gas
Address Hanet 1, Ashdod, ISR, 7752169
Ashdod Refinery Ltd is a company involved in imports and refining of crude oil and intermediates for petroleum distillates intended for marketing in the local market and for export purposes.
51GF Score

Get the complete analysis for XTAE:ARF

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

₪118.80
Price
₪56.52
GF Value