Lotus Creek Exploration (TSXV:LTC) Days Payable: 154.95 (As of Jun. 2026) — 44% Below Median

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TSXV:LTC Lotus Creek Exploration Inc TSXV:LTC
18 GF Score
Price C$3.68
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What is Lotus Creek Exploration Days Payable?

Lotus Creek Exploration TSXV:LTC -0.27% 18 Days Payable is 154.95 as of Jun. 2026, which is 44% below its 10-year median of 275.59. GuruFocus rates TSXV:LTC with a GF Score™ of 18/100. Among 857 Oil & Gas companies, Lotus Creek Exploration ranks better than 81.45% on this metric.

Lotus Creek Exploration's average Accounts Payable for the three months ended in Jun. 2026 was C$15.01 Mil. Lotus Creek Exploration's Cost of Goods Sold for the three months ended in Jun. 2026 was C$8.84 Mil. Hence, Lotus Creek Exploration's Days Payable for the three months ended in Jun. 2026 was 154.95.

The historical rank and industry rank for Lotus Creek Exploration's Days Payable or its related term are showing as below:

TSXV:LTC' s Days Payable Range Over the Past 10 Years
Min: 164.67   Med: 275.59   Max: 275.59
Current: 164.67

During the past 2 years, Lotus Creek Exploration's highest Days Payable was 275.59. The lowest was 164.67. And the median was 275.59.

TSXV:LTC's Days Payable is ranked better than
81.45% of 857 companies
in the Oil & Gas industry
Industry Median: 58.96 vs TSXV:LTC: 164.67

Lotus Creek Exploration's Days Payable declined from Jun. 2025 (165.32) to Jun. 2026 (154.95). It may suggest that Lotus Creek Exploration accelerated paying its suppliers.


Lotus Creek Exploration Days Payable Historical Data

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The historical data trend for Lotus Creek Exploration'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.

Lotus Creek Exploration Days Payable Chart

Lotus Creek Exploration Annual Data
Trend Dec24 Dec25
Days Payable
0.00 275.59

Lotus Creek Exploration Quarterly Data
Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial 165.32 295.69 181.15 160.29 154.95

TSXV:LTC vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Lotus Creek Exploration'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.


Lotus Creek Exploration Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Lotus Creek Exploration's Days Payable falls into.


TSXV:LTC
18GF Score
Lotus Creek Exploration Inc TSXV:LTC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Lotus Creek Exploration 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.

Lotus Creek Exploration'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
=( (0 + 11.201) / 1 ) / 14.835*365
=11.201 / 14.835*365
=275.59

Lotus Creek Exploration's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (18.447 + 11.582) / 2 ) / 8.842*365 / 4
=15.0145 / 8.842*365 / 4
=154.95

* 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 154.95 mean?
Lotus Creek Exploration (TSXV:LTC) has a Days Payable of 154.95 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lotus Creek Exploration and its competitors. This is 44% below median its historical median of 275.59. Over the past decade, Lotus Creek Exploration's Days Payable has ranged from 164.67 to 275.59. According to the industry distribution chart, Lotus Creek Exploration ranks #159 out of 857 companies in the Oil & Gas industry, placing it in the top 18.6%.
Is Lotus Creek Exploration's Days Payable too high?
Lotus Creek Exploration's current Days Payable of 154.95 is 44% below median its 10-year median of 275.59. Over the past 10 years, this metric has ranged from a low of 164.67 to a high of 275.59. The Oil & Gas industry median Days Payable is 58.96. Lotus Creek Exploration's value of 154.95 is 162.8% above this industry median. Based on the distribution chart, Lotus Creek Exploration ranks #159 out of 857 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Lotus Creek Exploration has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Lotus Creek Exploration's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Lotus Creek Exploration ranks #159 out of 857 companies for Days Payable. This places Lotus Creek Exploration in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 58.96. Lotus Creek Exploration's value of 154.95 is 162.8% above this benchmark. Historically, Lotus Creek Exploration's own Days Payable has ranged from 164.67 to 275.59 over the past decade. While the company's 10-year median is 275.59 vs. the industry median of 58.96, Lotus Creek Exploration 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 58.96, based on 857 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. Lotus Creek Exploration's current Days Payable of 154.95 is 162.8% 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 Lotus Creek Exploration and its competitors. For the Oil & Gas industry, the median Days Payable is 58.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lotus Creek Exploration's current Days Payable is 154.95, which is 44% below median its own 10-year median of 275.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lotus Creek Exploration stock overvalued right now?
Lotus Creek Exploration (TSXV:LTC) has a current Days Payable of 154.95. The current Days Payable is 154.95, which is 44% below median its 10-year median of 275.59 and 162.8% above the Oil & Gas industry median of 58.96. Lotus Creek Exploration's overall GF Score™ is 18/100. 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 Lotus Creek Exploration (TSXV:LTC), the current Days Payable is 154.95 as of Jun. 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.

Lotus Creek Exploration Business Description

Industry EnergyOil & Gas
Other Exchanges 507:Germany
Address 520 - 5th Avenue S.W, Suite 900, Calgary, AB, CAN, T2P 3R7
Lotus Creek Exploration Inc is a high torque, organic growth, Canadian junior oil and gas exploration company engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core Areas are Central Alberta, SE Saskatchewan and Tucker Lake. It derives maximum revenue from sale of petroleum, natural gas, and natural gas liquids(NGL).
18GF Score

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C$3.68
Price