Headwater Exploration (TSX:HWX) Days Payable : 94.47 (As of Jun. 2025)

View and export this data going back to 2006. Start your Free Trial

What is Headwater Exploration Days Payable?

Headwater Exploration's average Accounts Payable for the three months ended in Jun. 2025 was C$76.1 Mil. Headwater Exploration's Cost of Goods Sold for the three months ended in Jun. 2025 was C$73.5 Mil. Hence, Headwater Exploration's Days Payable for the three months ended in Jun. 2025 was 94.47.

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

TSX:HWX' s Days Payable Range Over the Past 10 Years
Min: 21.25 Med: 92.21 Max: 233.39
Current: 107.17

During the past 13 years, Headwater Exploration's highest Days Payable was 233.39. The lowest was 21.25. And the median was 92.21.

TSX:HWX's Days Payable is ranked better than
69.05% of 882 companies
in the Oil & Gas industry
Industry Median: 59.965 vs TSX:HWX: 107.17

Headwater Exploration's Days Payable declined from Jun. 2024 (122.94) to Jun. 2025 (94.47). It may suggest that Headwater Exploration accelerated paying its suppliers.

Headwater Exploration Days Payable Historical Data

The historical data trend for Headwater Exploration'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.

* Premium members only.

Headwater Exploration Days Payable Chart

Headwater Exploration Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

233.39

117.98

104.64

91.69

Headwater Exploration Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25
Days Payable	Get a 7-Day Free Trial															122.94	116.17	103.31	86.22	94.47

Competitive Comparison of Headwater Exploration's Days Payable

For the Oil & Gas E&P subindustry, Headwater Exploration'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.

Headwater Exploration's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Headwater Exploration's Days Payable falls into.

Save Embed

;

Save Embed

;

Headwater Exploration 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.

Headwater Exploration's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (73.715	+	70.846)	/	2 )	/	287.741	*	365
=	72.2805					/	287.741	*	365
=	91.69

Headwater Exploration's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

	Days Payable (Q: Jun. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2025 )	+	Accounts Payable (Q: Jun. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2025 )	*	Days in Period
=	( (74.45	+	77.672)	/	2 )	/	73.469	*	365 / 4
=	76.061					/	73.469	*	365 / 4
=	94.47

Headwater Exploration Days Payable Related Terms

Thank you for viewing the detailed overview of Headwater Exploration's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Headwater Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Headwater Exploration Inc (TSX:HWX) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CDDRF:USA C6V:Germany

Address

215 - 9th Avenue S.W, Unit 1400, Calgary, AB, CAN, T2P 1K3

Website

https://www.headwaterexp.com

Headwater Exploration Inc is an oil and gas exploration and development company. It is engaged in the exploration for development and production of petroleum and natural gas onshore in McCully Field, New Brunswick and Marten Hills, Alberta. The firm generates substantial revenue from the sale of commodities which include crude oil, natural gas and natural gas liquids.

Executives

Jason Jowill Jaskela	Director, Senior Officer
Phillip R. Knoll	Director
Dieter Deines	Senior Officer
Stephen Phillip Larke	Director
Kevin Olson	Director
Jonathan L. Grimwood	Senior Officer
Chandra Henry	Director
David Lawrence Pearce	Director
Bradley Christman	Senior Officer
Terry Ryan Danku	Senior Officer
Alexandra Horvath	Senior Officer
Scott Earl Rideout	Senior Officer

Headwater Exploration Headlines

No Headlines