CGX Energy (TSXV:OYL) Days Payable : 0.00 (As of Sep. 2023)

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What is CGX Energy Days Payable?

CGX Energy's average Accounts Payable for the three months ended in Sep. 2023 was C$59.16 Mil. CGX Energy's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.00 Mil.

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

TSXV:OYL's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 60.37
* Ranked among companies with meaningful Days Payable only.

CGX Energy's Days Payable stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00). stayed the same

CGX Energy Days Payable Historical Data

The historical data trend for CGX Energy'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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CGX Energy Days Payable Chart

CGX Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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CGX Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of CGX Energy's Days Payable

For the Oil & Gas E&P subindustry, CGX Energy'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.

CGX Energy's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where CGX Energy's Days Payable falls into.

CGX Energy 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.

CGX Energy's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (53.645	+	37.583)	/	2 )	/	0	*	365
=	45.614					/	0	*	365
=	N/A

CGX Energy's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (82.806	+	35.505)	/	2 )	/	0	*	365 / 4
=	59.1555					/	0	*	365 / 4
=	N/A

CGX Energy Days Payable Related Terms

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CGX Energy (TSXV:OYL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CGX Energy Inc (TSXV:OYL) » Definitions » Days Payable

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CGXEF:USA

Address

333 Bay Street, Suite 2400, Toronto, ON, CAN, M5H 2T6

Website

https://www.cgxenergy.com

CGX Energy Inc is a Canada-based company that is engaged in exploring petroleum and natural gas in Guyana, South America. The company's offshore concessions include Corentyne and Demerara, and onshore concessions include Berbice.

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