GTE (Gran Tierra Energy) Days Payable : 283.60 (As of Dec. 2024)

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What is Gran Tierra Energy Days Payable?

Gran Tierra Energy's average Accounts Payable for the three months ended in Dec. 2024 was $197.1 Mil. Gran Tierra Energy's Cost of Goods Sold for the three months ended in Dec. 2024 was $63.4 Mil. Hence, Gran Tierra Energy's Days Payable for the three months ended in Dec. 2024 was 283.60.

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

GTE' s Days Payable Range Over the Past 10 Years
Min: 175.88 Med: 210.62 Max: 290.74
Current: 290.74

During the past 13 years, Gran Tierra Energy's highest Days Payable was 290.74. The lowest was 175.88. And the median was 210.62.

GTE's Days Payable is ranked better than
87.73% of 880 companies
in the Oil & Gas industry
Industry Median: 60.335 vs GTE: 290.74

Gran Tierra Energy's Days Payable increased from Dec. 2023 (261.71) to Dec. 2024 (283.60). It may suggest that Gran Tierra Energy delayed paying its suppliers.

Gran Tierra Energy Days Payable Historical Data

The historical data trend for Gran Tierra 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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Gran Tierra Energy Days Payable Chart

Gran Tierra Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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246.91

210.78

207.89

200.61

237.46

Gran Tierra Energy Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															261.71	268.27	330.26	337.42	283.60

Competitive Comparison of Gran Tierra Energy's Days Payable

For the Oil & Gas E&P subindustry, Gran Tierra 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.

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

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

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

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Gran Tierra 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.

Gran Tierra Energy'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
=	( (122.709	+	177.357)	/	2 )	/	230.619	*	365
=	150.033					/	230.619	*	365
=	237.46

Gran Tierra Energy's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (216.767	+	177.357)	/	2 )	/	63.406	*	365 / 4
=	197.062					/	63.406	*	365 / 4
=	283.60

Gran Tierra Energy Days Payable Related Terms

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Gran Tierra Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gran Tierra Energy Inc (AMEX:GTE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GTE:UK G1P0:Germany GTE:Canada

Address

500 Centre Street S.E, Calgary, AB, CAN, T2G 1A6

Website

https://www.grantierra.com

Gran Tierra Energy Inc is an independent energy company. The company, along with its subsidiaries, is focused on oil and gas exploration and production, with assets in Colombia, Canada, and Ecuador. It produces oil, natural gas, and natural gas liquids. Gran Tierra has assembled a diversified, high-quality asset base that is fully operated in Colombia and Ecuador and partly in Canada. The company operates various blocks in Colombia and Ecuador, spanning three basins. It also has contiguous areas in Alberta, Canada, spanning various gross acres across the Western Canadian Sedimentary Basin. The company's reportable segments are Colombia, Ecuador, Canada, and Other. A majority of its revenue is derived from its operations in Colombia.

Executives

David P Smith	director	C/O GRAN TIERRA ENERGY INC., 200, 150 13 AVENUE SW, CALGARY A0 T2R 0V2
Gary Guidry	director, officer: President and CEO	C/O GRAN TIERRA ENERGY INC., 200, 150 13 AVENUE SW, CALGARY A0 T2R 0V2
Ronald Royal	director	C/O GRAN TIERRA ENERGY INC., 200, 150 13 AVENUE SW, CALGARY A0 T2R 0V2
Ryan Ellson	officer: EVP and CFO	C/O GRAN TIERRA ENERGY INC., 200, 150 13 AVENUE SW, CALGARY A0 T2R 0V2
Phillip D Abraham	officer: VP, Legal and Business Dev.	GRAN TIERRA ENERGY INC., 500 CENTRE STREET SE, CALGARY Z4 A0 T2G 1A6
Robert G Will	officer: Vice President, Asset Manager	GRAN TIERRA ENERGY INC., 500 CENTRE STREET SE, CALGARY Z4 A0 T2G 1A6
Alison Redford	director	C/O GRAN TIERRA ENERGY INC., 900, 520 - 3 AVENUE SW, CALGARY Z4 T2P 0R3
Gmt Capital Corp	10 percent owner	GMT CAPITAL CORP, 2300 WINDY RIDGE PARKWAY SUITE 550 SOUTH, ATLANTA GA 30339
Brooke N. Wade	director	500-1195 WEST BROADWAY, VANCOUVER A1 V6H 3X5
Lawrence West	officer: VP, Exploration	C/O GRAN TIERRA ENERGY INC., 200, 150 13 AVENUE SW, CALGARY A0 T2R 0V2
Sondra Scott	director	C/O GRAN TIERRA ENERGY INC., 900, 520-3 AVENUE SW, CALGARY A0 T2P 0R3
Jim Evans	officer: VP, Corporate Services	C/O GRAN TIERRA ENERGY INC., 200, 150 13 AVENUE SW, CALGARY A0 T2R 0V2
Remi Anthony Berthelet	officer: Chief Operating Officer	C/O GRAN TIERRA ENERGY INC., 900, 520 - 3 AVENUE SW, CALGARY A0 T2P 0R3
Rodger Derrick Trimble	officer: VP, Investor Relations	C/O GRAN TIERRA ENERGY INC., 200, 150-13 AVENUE SW, CALGARY A0 T2R 0V2
Robert B. Hodgins	director	C/O GRAN TIERRA ENERGY INC., 200, 150 13 AVENUE SW, CALGARY A0 T2R 0V2