TPET (Trio Petroleum) Days Payable : 0.00 (As of Jan. 2025)

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What is Trio Petroleum Days Payable?

Trio Petroleum's average Accounts Payable for the three months ended in Jan. 2025 was $1.04 Mil. Trio Petroleum's Cost of Goods Sold for the three months ended in Jan. 2025 was $0.00 Mil.

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

TPET's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 60.12
* Ranked among companies with meaningful Days Payable only.

Trio Petroleum's Days Payable stayed the same from Jan. 2024 (0.00) to Jan. 2025 (0.00). stayed the same

Trio Petroleum Days Payable Historical Data

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.

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Trio Petroleum Days Payable Chart

Trio Petroleum Annual Data

Trend

Oct21

Oct22

Oct23

Oct24

Days Payable

Trio Petroleum Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Days Payable	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Trio Petroleum's Days Payable

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's Days Payable Distribution in the 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.

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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. 2024 is calculated as

	Days Payable (A: Oct. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Oct. 2023 )	+	Accounts Payable (A: Oct. 2024 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2024 )	*	Days in Period
=	( (0.609	+	1.036)	/	2 )	/	0	*	365
=	0.8225					/	0	*	365
=	N/A

Trio Petroleum's Days Payable for the quarter that ended in Jan. 2025 is calculated as:

	Days Payable (Q: Jan. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2024 )	+	Accounts Payable (Q: Jan. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2025 )	*	Days in Period
=	( (1.036	+	1.035)	/	2 )	/	0	*	365 / 4
=	1.0355					/	0	*	365 / 4
=	N/A

Trio Petroleum Days Payable Related Terms

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Trio Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Trio Petroleum Corp (AMEX:TPET) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

5401 Business Park South, Suite 115, Bakersfield, CA, USA, 93309

Website

https://www.trio-petroleum.com

Trio Petroleum Corp. is an oil and gas exploration and development company. The Company has operations in Monterey County, California, and Uintah County, Utah. The Company has an 85.75% working interest in the South Salinas Project, and a mineral-leasehold of approximately 9,300 gross mineral acres in one largely contiguous land package. There are six existing idle wells and one active well (the HV-1 well) in the South Salinas Project. 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.

Executives

Thomas J Pernice	director	227 WEST MONROE, SUITE 3900, CHICAGO IL 60606
Frank C Ingriselli	director, officer: Chief Executive Officer	250 EAST HARTSDALE AVE, HARTSDALE NY 10530
John W. Randall	director	C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Gregory L Overholtzer	officer: Chief Financial Officer	120 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael L Peterson	director	17 CANARY COURT, DANVILLE CA 94526
John Hunter William	director	930 TAHOE BOULEVARD, SUITE 802-16, INCLINE VILLAGE NV 89451
Robin A. Ross	director	C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Steve Rowlee	officer: Chief Operating Officer	C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Terry Eschner	officer: President	C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506
Stanford Eschner	director, officer: Executive Chairman	C/O TRIO PETROLEUM CORP., 4115 BLACKHAWK PLAZA CIRCLE, SUITE 100, DANVILLE CA 94506