SHPNF (Shoal Point Energy) Days Payable: 0.00 (As of Oct. 2024)

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What is Shoal Point Energy Days Payable?

Shoal Point Energy SHPNF Days Payable is 0.00 as of Oct. 2024.

Shoal Point Energy's average Accounts Payable for the three months ended in Oct. 2024 was $0.00 Mil. Shoal Point Energy's Cost of Goods Sold for the three months ended in Oct. 2024 was $0.00 Mil. Hence, Shoal Point Energy's Days Payable for the three months ended in Oct. 2024 was 0.00.

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

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

Shoal Point Energy's Days Payable stayed the same from Oct. 2023 (0.00) to Oct. 2024 (0.00). stayed the same

Shoal Point Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Shoal Point 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.

Shoal Point Energy Days Payable Chart

Shoal Point Energy Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Shoal Point Energy Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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

SHPNF vs GRVE, SPOWF, LEEN: Days Payable Comparison

For the Oil & Gas E&P subindustry, Shoal Point 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.

Shoal Point Energy Days Payable vs Oil & Gas Industry

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

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


Shoal Point 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.

Shoal Point Energy's Days Payable for the fiscal year that ended in Jan. 2024 is calculated as

Days Payable (A: Jan. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jan. 2023 ) + Accounts Payable (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.015*365
=0 / 0.015*365
=0.00

Shoal Point Energy's Days Payable for the quarter that ended in Oct. 2024 is calculated as:

Days Payable (Q: Oct. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jul. 2024 ) + Accounts Payable (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.003*365 / 4
=0 / 0.003*365 / 4
=0.00

* 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?
Shoal Point Energy (SHPNF) has a Days Payable of 0.00 as of Oct. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Shoal Point Energy and its competitors.
Is Shoal Point Energy's Days Payable too high?
Shoal Point Energy's current Days Payable is 0.00.
How does Shoal Point Energy's Days Payable compare to GRVE and SPOWF?
Shoal Point Energy's Days Payable of 0.00 can be compared against companies in the Oil & Gas 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 Shoal Point Energy 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. Shoal Point Energy'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 Shoal Point Energy stock overvalued right now?
Shoal Point Energy (SHPNF) 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 Shoal Point Energy (SHPNF), the current Days Payable is 0.00 as of Oct. 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.

Shoal Point Energy Business Description

Industry EnergyOil & Gas
Address 700 West Pender Street, Suite 203, Vancouver, BC, CAN, V6C 1G8
Shoal Point Energy Ltd is a petroleum exploration and development company. It is in the exploration stage of exploring its oil and natural gas properties.