TPET (Trio Petroleum) Accounts Receivable: $0.11 Mil (As of Apr. 2026)

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TPET Trio Petroleum Corp TPET
35 GF Score
Price $0.25
! 5 Warning Signs
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What is Trio Petroleum Accounts Receivable?

Trio Petroleum TPET +1.03% 35 Accounts Receivable is $0.11 Mil as of Apr. 2026. GuruFocus rates TPET with a GF Score™ of 35/100. The stock has 5 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Trio Petroleum's accounts receivables for the quarter that ended in Apr. 2026 was $0.11 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Trio Petroleum's Days Sales Outstanding for the quarter that ended in Apr. 2026 was 46.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Trio Petroleum's Net-Net Working Capital per share for the quarter that ended in Apr. 2026 was $0.51.


Trio Petroleum Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Trio Petroleum's Days Sales Outstanding for the quarter that ended in Apr. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.107/0.208*91
=46.94

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Trio Petroleum's accounts receivable are only considered to be worth 75% of book value:

Trio Petroleum's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(22.098+0.75 * 0.107+0.5 * 0-1.171
-0-0)/41.188
=0.51

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Trio Petroleum Accounts Receivable Related Terms


Trio Petroleum Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Trio Petroleum's Accounts Receivable 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.

Trio Petroleum Accounts Receivable Chart

Trio Petroleum Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Accounts Receivable
0.00 0.00 0.00 0.00 0.06

Trio Petroleum Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Accounts Receivable 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 0.03 0.10 0.06 0.04 0.11
TPET
35GF Score
Trio Petroleum Corp TPET
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Trio Petroleum Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of $0.11 Mil mean?
Trio Petroleum (TPET) has a Accounts Receivable of $0.11 Mil as of Apr. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Trio Petroleum and its competitors.
Is Trio Petroleum's Accounts Receivable too high?
Trio Petroleum's current Accounts Receivable is $0.11 Mil. Overall, Trio Petroleum has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Trio Petroleum's Accounts Receivable compare to NRIS and BRN?
Trio Petroleum's Accounts Receivable of $0.11 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for an Oil & Gas company?
A good Accounts Receivable depends on the Oil & Gas industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Trio Petroleum and its competitors. Trio Petroleum's current Accounts Receivable is $0.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trio Petroleum stock overvalued right now?
Trio Petroleum (TPET) has a current Accounts Receivable of $0.11 Mil. The current Accounts Receivable is $0.11 Mil. Trio Petroleum's overall GF Score™ is 35/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Trio Petroleum (TPET), the current Accounts Receivable is $0.11 Mil as of Apr. 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.

Trio Petroleum Business Description

Industry EnergyOil & Gas
Address 23823 Malibu Road, Suite 304, Malibu, CA, USA, 90265
Trio Petroleum Corp is an oil and gas exploration and development company with operations in Monterey County, California, and Uintah County, Utah. The Company holds a working interest in the South Salinas Project and a mineral leasehold consisting of a largely contiguous land package. The South Salinas Project includes six existing idle wells and one active well (the HV-1 well). Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company.
35GF Score

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

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