HTPRF (HTC Purenergy) Days Payable: 17,702.50 (As of Dec. 2024)

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What is HTC Purenergy Days Payable?

HTC Purenergy HTPRF Days Payable is 17,702.50 as of Dec. 2024.

HTC Purenergy's average Accounts Payable for the three months ended in Dec. 2024 was $0.19 Mil. HTC Purenergy's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.00 Mil. Hence, HTC Purenergy's Days Payable for the three months ended in Dec. 2024 was 17,702.50.

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

HTPRF's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.145
* Ranked among companies with meaningful Days Payable only.

HTC Purenergy's Days Payable increased from Jun. 2023 (4,577.71) to Dec. 2024 (17,702.50). It may suggest that HTC Purenergy delayed paying its suppliers.

HTC Purenergy Days Payable Historical Data

* Premium members only.

The historical data trend for HTC Purenergy'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.

HTC Purenergy Days Payable Chart

HTC Purenergy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 708.94 24,250.38 868.78 382.53 512.27

HTC Purenergy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24
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 Premium Member Only Premium Member Only 4,577.71 5,874.22 18,341.25 18,113.13 17,702.50

HTPRF vs BROGF, FOMI, AVACF: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, HTC Purenergy'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.

HTC Purenergy Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where HTC Purenergy's Days Payable falls into.


HTC Purenergy 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.

HTC Purenergy's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.572 + 0.635) / 2 ) / 0.43*365
=0.6035 / 0.43*365
=512.27

HTC Purenergy'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
=( (0.203 + 0.185) / 2 ) / 0.001*365 / 4
=0.194 / 0.001*365 / 4
=17,702.50

* 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 17,702.50 mean?
HTC Purenergy (HTPRF) has a Days Payable of 17,702.50 as of Dec. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on HTC Purenergy and its competitors.
Is HTC Purenergy's Days Payable too high?
HTC Purenergy's current Days Payable is 17,702.50. The Oil & Gas industry median Days Payable is 57.15. HTC Purenergy's value of 17,702.50 is 30878.2% above this industry median.
How does HTC Purenergy's Days Payable compare to BROGF and FOMI?
HTC Purenergy's Days Payable of 17,702.50 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.15. HTC Purenergy's value of 17,702.50 is 30878.2% above this benchmark. 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 57.15, based on 850 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. HTC Purenergy's current Days Payable of 17,702.50 is 30878.2% 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 HTC Purenergy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HTC Purenergy's current Days Payable is 17,702.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HTC Purenergy stock overvalued right now?
HTC Purenergy (HTPRF) has a current Days Payable of 17,702.50. The current Days Payable is 17,702.50 and 30878.2% above the Oil & Gas industry median of 57.15. 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 HTC Purenergy (HTPRF), the current Days Payable is 17,702.50 as of Dec. 2024. 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.

HTC Purenergy Business Description

Industry EnergyOil & Gas
Address 2305 Victoria Avenue, Suite 002, Regina, SK, CAN, S4P 0S7
HTC Purenergy Inc is engaged in the development, aggregation, and commercialization of proprietary technologies relating to CO2 capture and CO2 solvent recovery. The company provides services to two industries Industrial and Energy services and Clean Energy Technologies. It operates through one segment: HTC Extraction Systems, which is engaged in the processing of hemp biomass and the provision of related products and services.