TGRO (Tiger Oil and Energy) Days Payable: 2,065.57 (As of Sep. 2019)


What is Tiger Oil and Energy Days Payable?

Tiger Oil and Energy TGRO -98.00% Days Payable is 2,065.57 as of Sep. 2019.

Tiger Oil and Energy's average Accounts Payable for the three months ended in Sep. 2019 was $0.25 Mil. Tiger Oil and Energy's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.01 Mil. Hence, Tiger Oil and Energy's Days Payable for the three months ended in Sep. 2019 was 2,065.57.

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

TGRO's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.73
* Ranked among companies with meaningful Days Payable only.

Tiger Oil and Energy's Days Payable increased from Sep. 2018 (1,314.00) to Sep. 2019 (2,065.57). It may suggest that Tiger Oil and Energy delayed paying its suppliers.

Tiger Oil and Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Tiger Oil and 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.

Tiger Oil and Energy Days Payable Chart

Tiger Oil and Energy Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 21,352.50 10,493.75 2,420.11 1,913.91

Tiger Oil and Energy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 1,314.00 2,123.64 0.00 0.00 2,065.57

TGRO vs CLLZF, PTOI, MNGA: Days Payable Comparison

For the Oil & Gas E&P subindustry, Tiger Oil and 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.

Tiger Oil and Energy Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Tiger Oil and Energy's Days Payable falls into.


Tiger Oil and 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.

Tiger Oil and Energy's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.158 + 0.251) / 2 ) / 0.039*365
=0.2045 / 0.039*365
=1,913.91

Tiger Oil and Energy's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable (Q: Sep. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2019 ) + Accounts Payable (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0.246 + 0.252) / 2 ) / 0.011*365 / 4
=0.249 / 0.011*365 / 4
=2,065.57

* 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 2,065.57 mean?
Tiger Oil and Energy (TGRO) has a Days Payable of 2,065.57 as of Sep. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Tiger Oil and Energy and its competitors.
Is Tiger Oil and Energy's Days Payable too high?
Tiger Oil and Energy's current Days Payable is 2,065.57. The Oil & Gas industry median Days Payable is 57.73. Tiger Oil and Energy's value of 2,065.57 is 3478% above this industry median.
How does Tiger Oil and Energy's Days Payable compare to CLLZF and PTOI?
Tiger Oil and Energy's Days Payable of 2,065.57 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.73. Tiger Oil and Energy's value of 2,065.57 is 3478% above this benchmark. 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 57.73, based on 853 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. Tiger Oil and Energy's current Days Payable of 2,065.57 is 3478% 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 Tiger Oil and Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tiger Oil and Energy's current Days Payable is 2,065.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiger Oil and Energy stock overvalued right now?
Tiger Oil and Energy (TGRO) has a current Days Payable of 2,065.57. The current Days Payable is 2,065.57 and 3478% above the Oil & Gas industry median of 57.73. 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 Tiger Oil and Energy (TGRO), the current Days Payable is 2,065.57 as of Sep. 2019. 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.

Tiger Oil and Energy Business Description

Industry EnergyOil & Gas
Address 123 West Nye Lane, Suite 129, Carson, NV, USA, 89706
Tiger Oil and Energy Inc is an oil and gas exploration company, engaged in the exploration, development, and re-development of oil and gas fields in the United States.