TPET (Trio Petroleum) Days Payable: 342.19 (As of Apr. 2026) — 86% Below Median


TPET Trio Petroleum Corp TPET
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What is Trio Petroleum Days Payable?

Trio Petroleum TPET +0.80% 34 Days Payable is 342.19 as of Apr. 2026, which is 86% below its 10-year median of 2,428.49. GuruFocus rates TPET with a GF Score™ of 34/100. The stock has 5 warning signs investors should review. Among 849 Oil & Gas companies, Trio Petroleum ranks better than 94.82% on this metric.

Trio Petroleum's average Accounts Payable for the three months ended in Apr. 2026 was $1.18 Mil. Trio Petroleum's Cost of Goods Sold for the three months ended in Apr. 2026 was $0.31 Mil. Hence, Trio Petroleum's Days Payable for the three months ended in Apr. 2026 was 342.19.

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

TPET' s Days Payable Range Over the Past 10 Years
Min: 826.31   Med: 2428.49   Max: 2428.49
Current: 826.31

During the past 5 years, Trio Petroleum's highest Days Payable was 2428.49. The lowest was 826.31. And the median was 2428.49.

TPET's Days Payable is ranked better than
94.82% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs TPET: 826.31

Trio Petroleum's Days Payable declined from Apr. 2025 (11,010.83) to Apr. 2026 (342.19). It may suggest that Trio Petroleum accelerated paying its suppliers.


Trio Petroleum Days Payable Historical Data

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The historical data trend for Trio 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.

Trio Petroleum Days Payable Chart

Trio Petroleum Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Days Payable
0.00 0.00 0.00 0.00 2,428.49

Trio Petroleum Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 11,010.83 1,183.46 1,818.96 1,898.13 342.19

TPET vs BRN, GULTU, ROYL: Days Payable Comparison

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


Trio Petroleum Days Payable vs Oil & Gas Industry

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

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


TPET
34GF Score
Trio Petroleum Corp TPET
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Trio 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.

Trio Petroleum's Days Payable for the fiscal year that ended in Oct. 2025 is calculated as

Days Payable (A: Oct. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Oct. 2024 ) + Accounts Payable (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (1.036 + 1.306) / 2 ) / 0.176*365
=1.171 / 0.176*365
=2,428.49

Trio Petroleum's Days Payable for the quarter that ended in Apr. 2026 is calculated as:

Days Payable (Q: Apr. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2026 ) + Accounts Payable (Q: Apr. 2026 )) / count ) / Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=( (1.523 + 0.832) / 2 ) / 0.314*365 / 4
=1.1775 / 0.314*365 / 4
=342.19

* 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 342.19 mean?
Trio Petroleum (TPET) has a Days Payable of 342.19 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Trio Petroleum and its competitors. This is 86% below median its historical median of 2,428.49. Over the past decade, Trio Petroleum's Days Payable has ranged from 826.31 to 2,428.49. According to the industry distribution chart, Trio Petroleum ranks #44 out of 849 companies in the Oil & Gas industry, placing it in the top 5.2%.
Is Trio Petroleum's Days Payable too high?
Trio Petroleum's current Days Payable of 342.19 is 86% below median its 10-year median of 2,428.49. Over the past 10 years, this metric has ranged from a low of 826.31 to a high of 2,428.49. The Oil & Gas industry median Days Payable is 57.95. Trio Petroleum's value of 342.19 is 490.5% above this industry median. Based on the distribution chart, Trio Petroleum ranks #44 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Trio Petroleum has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Trio Petroleum's Days Payable compare to BRN and GULTU?
According to the Oil & Gas industry distribution chart, Trio Petroleum ranks #44 out of 849 companies for Days Payable. This places Trio Petroleum in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Trio Petroleum's value of 342.19 is 490.5% above this benchmark. Historically, Trio Petroleum's own Days Payable has ranged from 826.31 to 2,428.49 over the past decade. While the company's 10-year median is 2,428.49 vs. the industry median of 57.95, Trio 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. Trio Petroleum's current Days Payable of 342.19 is 490.5% 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 Trio 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. Trio Petroleum's current Days Payable is 342.19, which is 86% below median its own 10-year median of 2,428.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trio Petroleum stock overvalued right now?
Trio Petroleum (TPET) has a current Days Payable of 342.19. The current Days Payable is 342.19, which is 86% below median its 10-year median of 2,428.49 and 490.5% above the Oil & Gas industry median of 57.95. Trio Petroleum's overall GF Score™ is 34/100 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 Trio Petroleum (TPET), the current Days Payable is 342.19 as of Apr. 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.

Trio Petroleum Business Description

Industry EnergyOil & Gas
Address 23823 Malibu Road, Suite 304, Malibu, CA, USA, 90265
Trio Petroleum Corp is an oil and gas exploration and development company with operations in Monterey County, California, and Uintah County, Utah. The Company holds a working interest in the South Salinas Project and a mineral leasehold consisting of a largely contiguous land package. The South Salinas Project includes six existing idle wells and one active well (the HV-1 well). Trio LLC is a licensed operator in California and operates the South Salinas Project and the McCool Ranch Oil Field on behalf of the Company.
34GF Score

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