ROYL (Royale Energy) Days Payable: 1,058.91 (As of Sep. 2025) — 116% Above Median


What is Royale Energy Days Payable?

Royale Energy ROYL -8.60% Days Payable is 1,058.91 as of Sep. 2025, which is 116% above its 10-year median of 489.50. The stock has 3 warning signs investors should review. Among 849 Oil & Gas companies, Royale Energy ranks better than 95.76% on this metric.

Royale Energy's average Accounts Payable for the three months ended in Sep. 2025 was $5.16 Mil. Royale Energy's Cost of Goods Sold for the three months ended in Sep. 2025 was $0.45 Mil. Hence, Royale Energy's Days Payable for the three months ended in Sep. 2025 was 1,058.91.

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

ROYL' s Days Payable Range Over the Past 10 Years
Min: 389.3   Med: 489.5   Max: 1585.2
Current: 1038.41

During the past 13 years, Royale Energy's highest Days Payable was 1585.20. The lowest was 389.30. And the median was 489.50.

ROYL's Days Payable is ranked better than
95.76% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs ROYL: 1038.41

Royale Energy's Days Payable increased from Sep. 2024 (990.84) to Sep. 2025 (1,058.91). It may suggest that Royale Energy delayed paying its suppliers.


Royale Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Royale 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.

Royale Energy Days Payable Chart

Royale Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 523.99 396.50 433.77 513.18 532.21

Royale Energy Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 990.84 623.09 1,318.08 1,522.19 1,058.91

ROYL vs GULTU, HGTXU, MTR: Days Payable Comparison

For the Oil & Gas E&P subindustry, Royale 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.


Royale Energy Days Payable vs Oil & Gas Industry

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

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



Royale 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.

Royale 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
=( (2.737 + 3.947) / 2 ) / 2.292*365
=3.342 / 2.292*365
=532.21

Royale Energy's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (5.066 + 5.262) / 2 ) / 0.445*365 / 4
=5.164 / 0.445*365 / 4
=1,058.91

* 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 1,058.91 mean?
Royale Energy (ROYL) has a Days Payable of 1,058.91 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Royale Energy and its competitors. This is 116% above median its historical median of 489.50. Over the past decade, Royale Energy's Days Payable has ranged from 389.30 to 1,585.20. According to the industry distribution chart, Royale Energy ranks #36 out of 849 companies in the Oil & Gas industry, placing it in the top 4.2%.
Is Royale Energy's Days Payable too high?
Royale Energy's current Days Payable of 1,058.91 is 116% above median its 10-year median of 489.50. Over the past 10 years, this metric has ranged from a low of 389.30 to a high of 1,585.20. The Oil & Gas industry median Days Payable is 57.95. Royale Energy's value of 1,058.91 is 1727.3% above this industry median. Based on the distribution chart, Royale Energy ranks #36 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Royale Energy's Days Payable compare to GULTU and HGTXU?
According to the Oil & Gas industry distribution chart, Royale Energy ranks #36 out of 849 companies for Days Payable. This places Royale Energy in the top 4% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Royale Energy's value of 1,058.91 is 1727.3% above this benchmark. Historically, Royale Energy's own Days Payable has ranged from 389.30 to 1,585.20 over the past decade. While the company's 10-year median is 489.50 vs. the industry median of 57.95, Royale Energy 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. Royale Energy's current Days Payable of 1,058.91 is 1727.3% 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 Royale Energy 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. Royale Energy's current Days Payable is 1,058.91, which is 116% above median its own 10-year median of 489.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royale Energy stock overvalued right now?
Based on GuruFocus' analysis, Royale Energy (ROYL) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.09 — trading 183.3% above its estimated fair value. The current Days Payable is 1,058.91, which is 116% above median its 10-year median of 489.50 and 1727.3% above the Oil & Gas industry median of 57.95. 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 Royale Energy (ROYL), the current Days Payable is 1,058.91 as of Sep. 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.

Royale Energy Business Description

Industry EnergyOil & Gas
Address 1530 Hilton Head Road, Suite 205, El Cajon, CA, USA, 92019
Royale Energy Inc is an independent oil and natural gas producer. The company's business includes the production and sale of oil and natural gas, acquisition of oil and gas lease interests and proved reserves, drilling of both exploratory and development wells, and sales of fractional working interests in wells to be drilled by Royale. Its wells and leases are located in the Sacramento Basin and San Joaquin Basin in California as well as in Utah, Texas, Oklahoma, and Louisiana.