TXO (LSE:TXO) Days Payable: 0.00 (As of Mar. 2014)

What is TXO Days Payable?

TXO LSE:TXO Days Payable is 0.00 as of Mar. 2014.

TXO's average Accounts Payable for the six months ended in Mar. 2014 was £0.08 Mil. TXO's Cost of Goods Sold for the six months ended in Mar. 2014 was £0.00 Mil.

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

LSE:TXO's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 57.73
* Ranked among companies with meaningful Days Payable only.

TXO's Days Payable stayed the same from Mar. 2013 (0.00) to Mar. 2014 (0.00).

TXO Days Payable Related Terms

TXO Days Payable Historical Data

* Premium members only.

The historical data trend for TXO'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.

TXO Days Payable Chart

TXO Annual Data

Trend

Mar04

Mar05

Mar06

Mar07

Mar08

Mar09

Sep10

Sep11

Sep12

Sep13

Days Payable

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74.51

0.00

TXO Semi-Annual Data
	Sep03	Mar04	Sep04	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

TXO Days Payable Competitor Comparison

For the Oil & Gas E&P subindustry, TXO'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.

TXO Days Payable vs Oil & Gas Industry

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

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

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TXO 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.

TXO's Days Payable for the fiscal year that ended in Sep. 2013 is calculated as

	Days Payable (A: Sep. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2012 )	+	Accounts Payable (A: Sep. 2013 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2013 )	*	Days in Period
=	( (0.101	+	0.076)	/	2 )	/	0	*	365
=	0.0885					/	0	*	365
=	N/A

TXO's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

	Days Payable (Q: Mar. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2013 )	+	Accounts Payable (Q: Mar. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2014 )	*	Days in Period
=	( (0.076	+	0)	/	1 )	/	0	*	365 / 2
=	0.076					/	0	*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

TXO (LSE:TXO) has a Days Payable of 0.00 as of Mar. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on TXO and its competitors.

Is TXO's Days Payable too high?

TXO's current Days Payable is 0.00.

How does TXO's Days Payable compare to competitors?

TXO's Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.73. 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 57.73, based on 853 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. 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 TXO and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TXO's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is TXO stock overvalued right now?

TXO (LSE:TXO) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 TXO (LSE:TXO), the current Days Payable is 0.00 as of Mar. 2014. 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.

TXO Business Description

Industry Energy Oil & Gas

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TXO PLC is a public company, incorporated on June 26, 1989. The Company is engaged in holding investments operating in the oil and gas sector. The Company's operations are subject to laws and regulations relating to the protection of human health and safety and the environment.