Petrox Resources (TSXV:PTC) Days Payable: 50.63 (As of Jun. 2026) — 86% Below Median

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TSXV:PTC Petrox Resources Corp TSXV:PTC
34 GF Score
Price C$0.13
GF Value C$0.02
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Petrox Resources Days Payable?

Petrox Resources TSXV:PTC 34 Days Payable is 50.63 as of Jun. 2026, which is 86% below its 10-year median of 362.91. GuruFocus rates TSXV:PTC with a GF Score™ of 34/100 and a GF Value™ of C$0.02 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 858 Oil & Gas companies, Petrox Resources ranks better than 94.29% on this metric.

Petrox Resources's average Accounts Payable for the three months ended in Jun. 2026 was C$0.07 Mil. Petrox Resources's Cost of Goods Sold for the three months ended in Jun. 2026 was C$0.12 Mil. Hence, Petrox Resources's Days Payable for the three months ended in Jun. 2026 was 56.35.

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

TSXV:PTC' s Days Payable Range Over the Past 10 Years
Min: 81.94   Med: 362.91   Max: 790.83
Current: 790.83

During the past 13 years, Petrox Resources's highest Days Payable was 790.83. The lowest was 81.94. And the median was 362.91.

TSXV:PTC's Days Payable is ranked better than
94.29% of 858 companies
in the Oil & Gas industry
Industry Median: 59.635 vs TSXV:PTC: 790.83

Petrox Resources's Days Payable declined from Jun. 2024 (65.94) to Jun. 2026 (50.63). It may suggest that Petrox Resources accelerated paying its suppliers.


Petrox Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Petrox 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.

Petrox Resources Days Payable Chart

Petrox Resources 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 66.54 83.01 79.58 87.96 110.29

Petrox Resources Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 65.94 44.85 47.99 94.31 50.63

TSXV:PTC vs COP, EOG, OXY: Days Payable Comparison

For the Oil & Gas E&P subindustry, Petrox 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.


Petrox Resources Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Petrox Resources's Days Payable falls into.


TSXV:PTC
34GF Score
Petrox Resources Corp TSXV:PTC
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Petrox Resources 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.

Petrox Resources'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
=( (0.056141 + 0.079625) / 2 ) / 0.22465*365
=0.067883 / 0.22465*365
=110.29

Petrox Resources'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: Dec. 2025 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0.079625 + 0.064945) / 2 ) / 0.117056*365 / 4
=0.072285 / 0.117056*365 / 4
=56.35

* 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 50.63 mean?
Petrox Resources (TSXV:PTC) has a Days Payable of 50.63 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 Petrox Resources and its competitors. This is 86% below median its historical median of 362.91. Over the past decade, Petrox Resources' Days Payable has ranged from 81.94 to 790.83. According to the industry distribution chart, Petrox Resources ranks #49 out of 858 companies in the Oil & Gas industry, placing it in the top 5.7%.
Is Petrox Resources' Days Payable too high?
Petrox Resources' current Days Payable of 50.63 is 86% below median its 10-year median of 362.91. Over the past 10 years, this metric has ranged from a low of 81.94 to a high of 790.83. The Oil & Gas industry median Days Payable is 59.64. Petrox Resources' value of 50.63 is 15.1% below this industry median. Based on the distribution chart, Petrox Resources ranks #49 out of 858 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Petrox Resources has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petrox Resources' Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Petrox Resources ranks #49 out of 858 companies for Days Payable. This places Petrox Resources in the top 6% of its industry — outperforming the majority of peers. The industry median Days Payable is 59.64. Petrox Resources' value of 50.63 is 15.1% below this benchmark. Historically, Petrox Resources' own Days Payable has ranged from 81.94 to 790.83 over the past decade. While the company's 10-year median is 362.91 vs. the industry median of 59.64, Petrox Resources 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 59.64, based on 858 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. Petrox Resources's current Days Payable of 50.63 is 15.1% 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 Petrox Resources and its competitors. For the Oil & Gas industry, the median Days Payable is 59.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petrox Resources's current Days Payable is 50.63, which is 86% below median its own 10-year median of 362.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrox Resources stock overvalued right now?
Based on GuruFocus' analysis, Petrox Resources (TSXV:PTC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.02, compared to a current price of C$0.13 — trading 550% above its estimated fair value. The current Days Payable is 50.63, which is 86% below median its 10-year median of 362.91 and 15.1% below the Oil & Gas industry median of 59.64. Petrox Resources' overall GF Score™ is 34/100 with 4 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 Petrox Resources (TSXV:PTC), the current Days Payable is 50.63 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.

Is Petrox Resources (TSXV:PTC) Overvalued in 2026?

Based on GuruFocus' analysis, Petrox Resources stock appears to be overvalued. The current stock price of C$0.13 is trading 550% above its estimated GF Value™ of C$0.02. GuruFocus considers Petrox Resources to be Significantly Overvalued.

Key valuation signals for TSXV:PTC:

  • Days Payable: 50.63 (86% below median its 10-year median of 362.91)
  • GF Value™: C$0.02 vs. price of C$0.13 (550% above fair value)
  • GF Score™: 34/100 with 4 warning signs
  • Industry Position: 15.1% below the Oil & Gas median (#49 of 858)

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


Petrox Resources Business Description

Industry EnergyOil & Gas
Address 505 - 6th Street SW, Suite 3001, Calgary, AB, CAN, T2P 1X5
Petrox Resources Corp is engaged in the business of acquisition, exploration, development, and production of petroleum and natural gas resources in Canada. The company principally generates revenue from the sale of commodities, which include crude oil and natural gas.
34GF Score

Get the complete analysis for TSXV:PTC

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

C$0.13
Price
C$0.02
GF Value