Tourmaline OilTRMLF +0.38%84 Days Payable is 173.67 as of Mar. 2026, which is 11% below its 10-year median of 195.64. GuruFocus rates TRMLF with a GF Score™ of 84/100 and a GF Value™ of $43.80 (Fairly Valued). The stock has 7 warning signs investors should review. Among 849 Oil & Gas companies, Tourmaline Oil ranks better than 75.03% on this metric.
The historical rank and industry rank for Tourmaline Oil's Days Payable or its related term are showing as below:
TRMLF'
s Days Payable Range Over the Past 10 Years
Min: 130.97 Med: 195.64 Max: 220.64
Current: 130.97
During the past 13 years, Tourmaline Oil's highest Days Payable was 220.64. The lowest was 130.97. And the median was 195.64.
TRMLF's Days Payable is ranked better than 75.03% of 849
companies
in the Oil & Gas industry
Industry Median: 57.95
vs TRMLF: 130.97
Tourmaline Oil's Days Payable
declined
from Mar. 2025 (211.73) to Mar. 2026 (173.67).
It may suggest that Tourmaline Oilaccelerated paying its suppliers.
Tourmaline Oil Days Payable Related Terms
Tourmaline Oil Days Payable Historical Data
* Premium members only.
The historical data trend for Tourmaline Oil'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.
For the Oil & Gas E&P subindustry, Tourmaline Oil'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.
Tourmaline Oil Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Tourmaline Oil's Days Payable distribution charts can be found below:
* The bar in red indicates where Tourmaline Oil's Days Payable falls into.
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.
Tourmaline Oil's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Tourmaline Oil (TRMLF) has a Days Payable of 173.67 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 Tourmaline Oil and its competitors. This is 11% below median its historical median of 195.64. Over the past decade, Tourmaline Oil's Days Payable has ranged from 130.97 to 220.64. According to the industry distribution chart, Tourmaline Oil ranks #212 out of 849 companies in the Oil & Gas industry, placing it in the top 25%.
Is Tourmaline Oil's Days Payable too high?
Tourmaline Oil's current Days Payable of 173.67 is 11% below median its 10-year median of 195.64. Over the past 10 years, this metric has ranged from a low of 130.97 to a high of 220.64. The Oil & Gas industry median Days Payable is 57.95. Tourmaline Oil's value of 173.67 is 199.7% above this industry median. Based on the distribution chart, Tourmaline Oil ranks #212 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Tourmaline Oil has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tourmaline Oil's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Tourmaline Oil ranks #212 out of 849 companies for Days Payable. This places Tourmaline Oil in the top 25% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Tourmaline Oil's value of 173.67 is 199.7% above this benchmark. Historically, Tourmaline Oil's own Days Payable has ranged from 130.97 to 220.64 over the past decade. While the company's 10-year median is 195.64 vs. the industry median of 57.95, Tourmaline Oil 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. Tourmaline Oil's current Days Payable of 173.67 is 199.7% 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 Tourmaline Oil 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. Tourmaline Oil's current Days Payable is 173.67, which is 11% below median its own 10-year median of 195.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourmaline Oil stock overvalued right now?
Based on GuruFocus' analysis, Tourmaline Oil (TRMLF) is currently considered Fairly Valued. The stock's GF Value™ is $43.80, compared to a current price of $42.40 — trading 3.2% below its estimated fair value. The current Days Payable is 173.67, which is 11% below median its 10-year median of 195.64 and 199.7% above the Oil & Gas industry median of 57.95. Tourmaline Oil's overall GF Score™ is 84/100 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 Tourmaline Oil (TRMLF), the current Days Payable is 173.67 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.
Is Tourmaline Oil (TRMLF) Overvalued in 2026?
Based on GuruFocus' analysis, Tourmaline Oil stock appears to be undervalued.
The current stock price of $42.40 is trading 3.2% below its estimated GF Value™ of $43.80.
GuruFocus considers Tourmaline Oil to be Fairly Valued.
Key valuation signals for TRMLF:
Days Payable: 173.67 (11% below median its 10-year median of 195.64)
GF Value™: $43.80 vs. price of $42.40 (3.2% below fair value)
Industry Position: 199.7% above the Oil & Gas median (#212 of 849)
No single metric tells the full story. See the TRMLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourmaline Oil is a Canadian natural gas producer with an integrated midstream gathering and processing operation. Its primary product is natural gas, but also produces natural gas liquids, condensates, and oil. As a result of multiple acquisitions, it has become the largest natural gas producer in Canada.
84GF Score
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