Tidewater Midstream and Infrastructure (TSX:TWM) Days Payable: 46.34 (As of Mar. 2026) — 45% Below Median


TSX:TWM Tidewater Midstream and Infrastructure Ltd TSX:TWM
54 GF Score
Price C$16.20
GF Value C$7.35
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tidewater Midstream and Infrastructure Days Payable?

Tidewater Midstream and Infrastructure TSX:TWM +0.25% 54 Days Payable is 46.34 as of Mar. 2026, which is 45% below its 10-year median of 83.90. GuruFocus rates TSX:TWM with a GF Score™ of 54/100 and a GF Value™ of C$7.35 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 854 Oil & Gas companies, Tidewater Midstream and Infrastructure ranks worse than 62.41% on this metric.

Tidewater Midstream and Infrastructure's average Accounts Payable for the three months ended in Mar. 2026 was C$174 Mil. Tidewater Midstream and Infrastructure's Cost of Goods Sold for the three months ended in Mar. 2026 was C$342 Mil. Hence, Tidewater Midstream and Infrastructure's Days Payable for the three months ended in Mar. 2026 was 46.34.

The historical rank and industry rank for Tidewater Midstream and Infrastructure's Days Payable or its related term are showing as below:

TSX:TWM' s Days Payable Range Over the Past 10 Years
Min: 42.17   Med: 83.9   Max: 147.7
Current: 42.17

During the past 11 years, Tidewater Midstream and Infrastructure's highest Days Payable was 147.70. The lowest was 42.17. And the median was 83.90.

TSX:TWM's Days Payable is ranked worse than
62.41% of 854 companies
in the Oil & Gas industry
Industry Median: 57.145 vs TSX:TWM: 42.17

Tidewater Midstream and Infrastructure's Days Payable declined from Mar. 2025 (48.27) to Mar. 2026 (46.34). It may suggest that Tidewater Midstream and Infrastructure accelerated paying its suppliers.


Tidewater Midstream and Infrastructure Days Payable Related Terms


Tidewater Midstream and Infrastructure Days Payable Historical Data

* Premium members only.

The historical data trend for Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure Days Payable Chart

Tidewater Midstream and Infrastructure Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.43 44.80 56.35 52.07 45.32

Tidewater Midstream and Infrastructure 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 48.27 39.26 35.28 42.70 46.34

TSX:TWM vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.


Tidewater Midstream and Infrastructure Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Tidewater Midstream and Infrastructure's Days Payable falls into.


TSX:TWM
54GF Score
Tidewater Midstream and Infrastructure Ltd TSX:TWM
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Tidewater Midstream and Infrastructure 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.

Tidewater Midstream and Infrastructure'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
=( (178.6 + 154) / 2 ) / 1339.4*365
=166.3 / 1339.4*365
=45.32

Tidewater Midstream and Infrastructure'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
=( (154 + 193.8) / 2 ) / 342.4*365 / 4
=173.9 / 342.4*365 / 4
=46.34

* 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 46.34 mean?
Tidewater Midstream and Infrastructure (TSX:TWM) has a Days Payable of 46.34 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 Tidewater Midstream and Infrastructure and its competitors. This is 45% below median its historical median of 83.90. Over the past decade, Tidewater Midstream and Infrastructure's Days Payable has ranged from 42.17 to 147.70. According to the industry distribution chart, Tidewater Midstream and Infrastructure ranks #533 out of 854 companies in the Oil & Gas industry, placing it in the top 62.4%.
Is Tidewater Midstream and Infrastructure's Days Payable too high?
Tidewater Midstream and Infrastructure's current Days Payable of 46.34 is 45% below median its 10-year median of 83.90. Over the past 10 years, this metric has ranged from a low of 42.17 to a high of 147.70. The Oil & Gas industry median Days Payable is 57.15. Tidewater Midstream and Infrastructure's value of 46.34 is 18.9% below this industry median. Based on the distribution chart, Tidewater Midstream and Infrastructure ranks #533 out of 854 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Tidewater Midstream and Infrastructure has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tidewater Midstream and Infrastructure's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Tidewater Midstream and Infrastructure ranks #533 out of 854 companies for Days Payable. This places Tidewater Midstream and Infrastructure in the lower half of its industry. The industry median Days Payable is 57.15. Tidewater Midstream and Infrastructure's value of 46.34 is 18.9% below this benchmark. Historically, Tidewater Midstream and Infrastructure's own Days Payable has ranged from 42.17 to 147.70 over the past decade. While the company's 10-year median is 83.90 vs. the industry median of 57.15, Tidewater Midstream and Infrastructure 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 57.15, based on 854 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. Tidewater Midstream and Infrastructure's current Days Payable of 46.34 is 18.9% 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 Tidewater Midstream and Infrastructure and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tidewater Midstream and Infrastructure's current Days Payable is 46.34, which is 45% below median its own 10-year median of 83.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tidewater Midstream and Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure (TSX:TWM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$7.35, compared to a current price of C$16.20 — trading 120.4% above its estimated fair value. The current Days Payable is 46.34, which is 45% below median its 10-year median of 83.90 and 18.9% below the Oil & Gas industry median of 57.15. Tidewater Midstream and Infrastructure's overall GF Score™ is 54/100 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 Tidewater Midstream and Infrastructure (TSX:TWM), the current Days Payable is 46.34 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 Tidewater Midstream and Infrastructure (TSX:TWM) Overvalued in 2026?

Based on GuruFocus' analysis, Tidewater Midstream and Infrastructure stock appears to be overvalued. The current stock price of C$16.20 is trading 120.4% above its estimated GF Value™ of C$7.35. GuruFocus considers Tidewater Midstream and Infrastructure to be Significantly Overvalued.

Key valuation signals for TSX:TWM:

  • Days Payable: 46.34 (45% below median its 10-year median of 83.90)
  • GF Value™: C$7.35 vs. price of C$16.20 (120.4% above fair value)
  • GF Score™: 54/100 with 7 warning signs
  • Industry Position: 18.9% below the Oil & Gas median (#533 of 854)

No single metric tells the full story. See the TSX:TWM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tidewater Midstream and Infrastructure Business Description

Industry EnergyOil & Gas
Other Exchanges TWMIF:USATL50:Germany
Address 222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane, butane, and natural gasoline throughout North America and exports to premium markets. The business activities of the company include gathering, processing, and transportation related to raw gas gathering systems, processing plants, and pipelines, NGL marketing and Extraction, refined products, and other activities.
54GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$16.20
Price
C$7.35
GF Value