LTXRF (Labrador Resources) Days Payable: 0.00 (As of Apr. 2026)

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LTXRF Labrador Resources Inc LTXRF
31 GF Score
Price $0.01
! 2 Warning Signs
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What is Labrador Resources Days Payable?

Labrador Resources LTXRF 31 Days Payable is 0.00 as of Apr. 2026. GuruFocus rates LTXRF with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 859 Oil & Gas companies, Labrador Resources ranks worse than 116414.32% on this metric.

Labrador Resources's average Accounts Payable for the three months ended in Apr. 2026 was $0.02 Mil. Labrador Resources's Cost of Goods Sold for the three months ended in Apr. 2026 was $0.00 Mil.

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

LTXRF's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 58.49
* Ranked among companies with meaningful Days Payable only.

Labrador Resources's Days Payable stayed the same from Apr. 2025 (0.00) to Apr. 2026 (0.00). stayed the same

Labrador Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Labrador Resources'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.

Labrador Resources Days Payable Chart

Labrador Resources Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Labrador Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00 0.00

LTXRF vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Labrador Resources'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.

Labrador Resources Days Payable vs Oil & Gas Industry

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

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


LTXRF
31GF Score
Labrador Resources Inc LTXRF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Labrador Resources 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.

Labrador Resources's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (0.001 + 0) / 1 ) / 0*365
=0.001 / 0*365
=N/A

Labrador Resources's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (0.028 + 0.004) / 2 ) / 0*365 / 4
=0.016 / 0*365 / 4
=N/A

* 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 0.00 mean?
Labrador Resources (LTXRF) has a Days Payable of 0.00 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Labrador Resources and its competitors. According to the industry distribution chart, Labrador Resources ranks #999999 out of 859 companies in the Oil & Gas industry.
Is Labrador Resources' Days Payable too high?
Labrador Resources' current Days Payable is 0.00. Based on the distribution chart, Labrador Resources ranks #999999 out of 859 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Labrador Resources has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Labrador Resources' Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Labrador Resources ranks #999999 out of 859 companies for Days Payable. This places Labrador Resources in the lower half of its industry. The industry median Days Payable is 58.49. 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 58.49, based on 859 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 Labrador Resources and its competitors. For the Oil & Gas industry, the median Days Payable is 58.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labrador Resources'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 Labrador Resources stock overvalued right now?
Labrador Resources (LTXRF) has a current Days Payable of 0.00. The current Days Payable is 0.00. Labrador Resources' overall GF Score™ is 31/100 with 2 warning signs to review. 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 Labrador Resources (LTXRF), the current Days Payable is 0.00 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.

Labrador Resources Business Description

Industry EnergyOil & Gas
Other Exchanges LTX:Canada
Address 700, 903 - 8 Avenue. SW, Calgary, AB, CAN, T2P 0P7
Labrador Resources Inc is engaged in the oil and gas business. The company's projects include Atlee Buffalo Property.
31GF Score

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