Terrace Energy (TSXV:TZR.H) Days Payable : 0.00 (As of Oct. 2023)

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What is Terrace Energy Days Payable?

Terrace Energy's average Accounts Payable for the three months ended in Oct. 2023 was C$0.00 Mil. Terrace Energy's Cost of Goods Sold for the three months ended in Oct. 2023 was C$0.00 Mil.

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

TSXV:TZR.H's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 60.98
* Ranked among companies with meaningful Days Payable only.

Terrace Energy's Days Payable stayed the same from Oct. 2022 (0.00) to Oct. 2023 (0.00). stayed the same

Terrace Energy Days Payable Historical Data

The historical data trend for Terrace Energy'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.

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Terrace Energy Days Payable Chart

Terrace Energy Annual Data

Trend

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Days Payable

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Terrace Energy Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Terrace Energy's Days Payable

For the Oil & Gas E&P subindustry, Terrace Energy'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.

Terrace Energy's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Terrace Energy's Days Payable falls into.

Terrace Energy 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.

Terrace Energy's Days Payable for the fiscal year that ended in Jan. 2023 is calculated as

	Days Payable (A: Jan. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jan. 2022 )	+	Accounts Payable (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Terrace Energy's Days Payable for the quarter that ended in Oct. 2023 is calculated as:

	Days Payable (Q: Oct. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jul. 2023 )	+	Accounts Payable (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Terrace Energy Days Payable Related Terms

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Terrace Energy (TSXV:TZR.H) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Terrace Energy Corp (TSXV:TZR.H) » Definitions » Days Payable

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TCRRF:USA

Address

1424 Commercial Drive, PO Box 21546, Vancouver, BC, CAN, V5L 5G2

Website

https://www.terraceenergy.net

Terrace Energy Corp is an oil and gas company. It is engaged in acquiring, exploring, and developing unconventional onshore oil and gas properties in the United States. The group holds an interest in the Maverick County Project.

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