SRRRF (Source Rock Royalties) Days Payable: 14.35 (As of Mar. 2026) — 75% Above Median


SRRRF Source Rock Royalties Ltd SRRRF
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What is Source Rock Royalties Days Payable?

Source Rock Royalties SRRRF 40 Days Payable is 14.35 as of Mar. 2026, which is 75% above its 10-year median of 8.21. GuruFocus rates SRRRF with a GF Score™ of 40/100. The stock has 7 warning signs investors should review. Among 851 Oil & Gas companies, Source Rock Royalties ranks worse than 94.95% on this metric.

Source Rock Royalties's average Accounts Payable for the three months ended in Mar. 2026 was $0.07 Mil. Source Rock Royalties's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.42 Mil. Hence, Source Rock Royalties's Days Payable for the three months ended in Mar. 2026 was 14.35.

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

SRRRF' s Days Payable Range Over the Past 10 Years
Min: 6.16   Med: 8.21   Max: 12.63
Current: 8.62

During the past 6 years, Source Rock Royalties's highest Days Payable was 12.63. The lowest was 6.16. And the median was 8.21.

SRRRF's Days Payable is ranked worse than
94.95% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs SRRRF: 8.62

Source Rock Royalties's Days Payable increased from Mar. 2025 (5.95) to Mar. 2026 (14.35). It may suggest that Source Rock Royalties delayed paying its suppliers.


Source Rock Royalties Days Payable Historical Data

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The historical data trend for Source Rock Royalties'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.

Source Rock Royalties Days Payable Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 12.12 13.30 7.92 7.52 6.12

Source Rock Royalties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.95 6.12 5.98 6.50 14.35

SRRRF vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Source Rock Royalties'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.


Source Rock Royalties Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Source Rock Royalties's Days Payable falls into.


SRRRF
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Source Rock Royalties Ltd SRRRF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Source Rock Royalties 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.

Source Rock Royalties's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.031 + 0.041) / 2 ) / 2.147*365
=0.036 / 2.147*365
=6.12

Source Rock Royalties's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.041 + 0.092) / 2 ) / 0.423*365 / 4
=0.0665 / 0.423*365 / 4
=14.35

* 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 14.35 mean?
Source Rock Royalties (SRRRF) has a Days Payable of 14.35 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Source Rock Royalties and its competitors. This is 75% above median its historical median of 8.21. Over the past decade, Source Rock Royalties' Days Payable has ranged from 6.16 to 12.63. According to the industry distribution chart, Source Rock Royalties ranks #808 out of 851 companies in the Oil & Gas industry, placing it in the top 94.9%.
Is Source Rock Royalties' Days Payable too high?
Source Rock Royalties' current Days Payable of 14.35 is 75% above median its 10-year median of 8.21. Over the past 10 years, this metric has ranged from a low of 6.16 to a high of 12.63. The Oil & Gas industry median Days Payable is 57.95. Source Rock Royalties' value of 14.35 is 75.2% below this industry median. Based on the distribution chart, Source Rock Royalties ranks #808 out of 851 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Source Rock Royalties has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Source Rock Royalties' Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Source Rock Royalties ranks #808 out of 851 companies for Days Payable. This places Source Rock Royalties in the lower half of its industry. The industry median Days Payable is 57.95. Source Rock Royalties' value of 14.35 is 75.2% below this benchmark. Historically, Source Rock Royalties' own Days Payable has ranged from 6.16 to 12.63 over the past decade. While the company's 10-year median is 8.21 vs. the industry median of 57.95, Source Rock Royalties has consistently been below 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 851 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. Source Rock Royalties's current Days Payable of 14.35 is 75.2% below 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 Source Rock Royalties 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. Source Rock Royalties's current Days Payable is 14.35, which is 75% above median its own 10-year median of 8.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Rock Royalties stock overvalued right now?
Source Rock Royalties (SRRRF) has a current Days Payable of 14.35. The current Days Payable is 14.35, which is 75% above median its 10-year median of 8.21 and 75.2% below the Oil & Gas industry median of 57.95. Source Rock Royalties' overall GF Score™ is 40/100 with 7 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 Source Rock Royalties (SRRRF), the current Days Payable is 14.35 as of Mar. 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.

Source Rock Royalties Business Description

Industry EnergyOil & Gas
Other Exchanges BH1:GermanySRR:Canada
Address 421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is engaged in royalty revenue from oil and natural gas properties as reserves are produced by the operators over the economic life of the properties. It focused on acquiring and managing oil and gas royalties and mineral title interests. It has an oil-focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan.
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