OILCF (Permex Petroleum) Days Payable: 3,301.62 (As of Jun. 2025) — 769% Above Median


OILCF Permex Petroleum Corp OILCF
57 GF Score
Price $3.27
GF Value $3.80
! 5 Warning Signs
View Full Analysis

What is Permex Petroleum Days Payable?

Permex Petroleum OILCF 57 Days Payable is 3,301.62 as of Jun. 2025, which is 769% above its 10-year median of 379.79. GuruFocus rates OILCF with a GF Score™ of 57/100 and a GF Value™ of $3.80. The stock has 5 warning signs investors should review.

Permex Petroleum's average Accounts Payable for the three months ended in Jun. 2025 was $4.67 Mil. Permex Petroleum's Cost of Goods Sold for the three months ended in Jun. 2025 was $0.13 Mil. Hence, Permex Petroleum's Days Payable for the three months ended in Jun. 2025 was 3,301.62.

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

OILCF' s Days Payable Range Over the Past 10 Years
Min: 214.06   Med: 379.79   Max: 4585.67
Current: 1832.5

During the past 8 years, Permex Petroleum's highest Days Payable was 4585.67. The lowest was 214.06. And the median was 379.79.

OILCF's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 57.95 vs OILCF: 1832.50

Permex Petroleum's Days Payable declined from Jun. 2024 (13,692.76) to Jun. 2025 (3,301.62). It may suggest that Permex Petroleum accelerated paying its suppliers.


Permex Petroleum Days Payable Historical Data

* Premium members only.

The historical data trend for Permex Petroleum'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.

Permex Petroleum Days Payable Chart

Permex Petroleum Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Days Payable
Get a 7-Day Free Trial 362.63 1,505.25 383.76 845.25 4,588.66

Permex Petroleum Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 13,692.76 5,947.77 718.88 2,674.33 3,301.62

OILCF vs FECOF, PTCO, GRVE: Days Payable Comparison

For the Oil & Gas E&P subindustry, Permex Petroleum'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.


Permex Petroleum Days Payable vs Oil & Gas Industry

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

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


OILCF
57GF Score
Permex Petroleum Corp OILCF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Permex Petroleum 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.

Permex Petroleum's Days Payable for the fiscal year that ended in Sep. 2024 is calculated as

Days Payable (A: Sep. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2023 ) + Accounts Payable (A: Sep. 2024 )) / count ) / Cost of Goods Sold (A: Sep. 2024 )*Days in Period
=( (3.228 + 3.787) / 2 ) / 0.279*365
=3.5075 / 0.279*365
=4,588.66

Permex Petroleum's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2025 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (4.543 + 4.792) / 2 ) / 0.129*365 / 4
=4.6675 / 0.129*365 / 4
=3,301.62

* 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 3,301.62 mean?
Permex Petroleum (OILCF) has a Days Payable of 3,301.62 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Permex Petroleum and its competitors. This is 769% above median its historical median of 379.79. Over the past decade, Permex Petroleum's Days Payable has ranged from 214.06 to 4,585.67.
Is Permex Petroleum's Days Payable too high?
Permex Petroleum's current Days Payable of 3,301.62 is 769% above median its 10-year median of 379.79. Over the past 10 years, this metric has ranged from a low of 214.06 to a high of 4,585.67. The Oil & Gas industry median Days Payable is 57.95. Permex Petroleum's value of 3,301.62 is 5597.4% above this industry median. Overall, Permex Petroleum has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Permex Petroleum's Days Payable compare to FECOF and PTCO?
Permex Petroleum's Days Payable of 3,301.62 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Permex Petroleum's value of 3,301.62 is 5597.4% above this benchmark. Historically, Permex Petroleum's own Days Payable has ranged from 214.06 to 4,585.67 over the past decade. While the company's 10-year median is 379.79 vs. the industry median of 57.95, Permex Petroleum has consistently been above the industry average. 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 57.95, based on 849 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. Permex Petroleum's current Days Payable of 3,301.62 is 5597.4% 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 Permex Petroleum and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permex Petroleum's current Days Payable is 3,301.62, which is 769% above median its own 10-year median of 379.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permex Petroleum stock overvalued right now?
Permex Petroleum (OILCF) has a current Days Payable of 3,301.62. The stock's GF Value™ is $3.80, compared to a current price of $3.27 — trading 13.9% below its estimated fair value. The current Days Payable is 3,301.62, which is 769% above median its 10-year median of 379.79 and 5597.4% above the Oil & Gas industry median of 57.95. Permex Petroleum's overall GF Score™ is 57/100 with 5 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 Permex Petroleum (OILCF), the current Days Payable is 3,301.62 as of Jun. 2025. 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.

Is Permex Petroleum (OILCF) Overvalued in 2026?

Based on GuruFocus' analysis, Permex Petroleum stock appears to be undervalued. The current stock price of $3.27 is trading 13.9% below its estimated GF Value™ of $3.80.

Key valuation signals for OILCF:

  • Days Payable: 3,301.62 (769% above median its 10-year median of 379.79)
  • GF Value™: $3.80 vs. price of $3.27 (13.9% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 5597.4% above the Oil & Gas median

No single metric tells the full story. See the OILCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Permex Petroleum Business Description

Industry EnergyOil & Gas
Address 666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8
Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum U.S. Corporation owns and operates on private, state, and federal land. The company has a single reportable segment which is acquisition, development, and production of oil and gas properties in the United States.
57GF Score

Get the complete analysis for OILCF

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

$3.27
Price
$3.80
GF Value