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Fiddlehead ResourcesTSXV:FHR -6.25% Days Payable is 272.91 as of Mar. 2026, which is 168% above its 10-year median of 101.83. The stock has 3 warning signs investors should review. Among 851 Oil & Gas companies, Fiddlehead Resources ranks better than 81.08% on this metric.
The historical rank and industry rank for Fiddlehead Resources's Days Payable or its related term are showing as below:
TSXV:FHR'
s Days Payable Range Over the Past 10 Years
Min: 35.22 Med: 101.83 Max: 168.44
Current: 167.76
During the past 6 years, Fiddlehead Resources's highest Days Payable was 168.44. The lowest was 35.22. And the median was 101.83.
TSXV:FHR's Days Payable is ranked better than 81.08% of 851
companies
in the Oil & Gas industry
Industry Median: 57.95
vs TSXV:FHR: 167.76
Fiddlehead Resources's Days Payable
increased
from Mar. 2025 (28.23) to Mar. 2026 (272.91).
It may suggest that Fiddlehead Resourcesdelayed paying its suppliers.
Fiddlehead Resources Days Payable Related Terms
Fiddlehead Resources Days Payable Historical Data
* Premium members only.
The historical data trend for Fiddlehead Resources'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.
TSXV:FHR vs COP, EOG, FANG: Days Payable Comparison
For the Oil & Gas E&P subindustry, Fiddlehead Resources'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.
Fiddlehead Resources Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Fiddlehead Resources's Days Payable distribution charts can be found below:
* The bar in red indicates where Fiddlehead Resources'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.
Fiddlehead Resources'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.
Fiddlehead Resources (TSXV:FHR) has a Days Payable of 272.91 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 Fiddlehead Resources and its competitors. This is 168% above median its historical median of 101.83. Over the past decade, Fiddlehead Resources' Days Payable has ranged from 35.22 to 168.44. According to the industry distribution chart, Fiddlehead Resources ranks #161 out of 851 companies in the Oil & Gas industry, placing it in the top 18.9%.
Is Fiddlehead Resources' Days Payable too high?
Fiddlehead Resources' current Days Payable of 272.91 is 168% above median its 10-year median of 101.83. Over the past 10 years, this metric has ranged from a low of 35.22 to a high of 168.44. The Oil & Gas industry median Days Payable is 57.95. Fiddlehead Resources' value of 272.91 is 370.9% above this industry median. Based on the distribution chart, Fiddlehead Resources ranks #161 out of 851 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Fiddlehead Resources' Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Fiddlehead Resources ranks #161 out of 851 companies for Days Payable. This places Fiddlehead Resources in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Fiddlehead Resources' value of 272.91 is 370.9% above this benchmark. Historically, Fiddlehead Resources' own Days Payable has ranged from 35.22 to 168.44 over the past decade. While the company's 10-year median is 101.83 vs. the industry median of 57.95, Fiddlehead Resources 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 851 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. Fiddlehead Resources's current Days Payable of 272.91 is 370.9% 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 Fiddlehead Resources 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. Fiddlehead Resources's current Days Payable is 272.91, which is 168% above median its own 10-year median of 101.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiddlehead Resources stock overvalued right now?
Fiddlehead Resources (TSXV:FHR) has a current Days Payable of 272.91. The current Days Payable is 272.91, which is 168% above median its 10-year median of 101.83 and 370.9% above the Oil & Gas industry median of 57.95. 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 Fiddlehead Resources (TSXV:FHR), the current Days Payable is 272.91 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.
Fiddlehead Resources Corp is involved in the exploration, development, and production of oil and natural gas, as well as the acquisition of related properties. Its operations are mainly focused on the South Ferrier and Strachan areas of west central Alberta. The company's assets include oil and gas wellbores, mineral rights, surface leases, and associated facilities and pipelines. Its production mainly comes from the Cardium formation, and the rest from Ellerslie, Rock Creek, Viking, and Belly River. Additionally, the firm has two gas compressor stations, which act as the initial point of gathering for the production, while the final processing and sale of the gas and associated liquids are done at third-party gas plants. The majority of its revenue is derived from oil and gas sales.
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