Petrichor Energy (TSXV:PTP.H) Days Payable : 0.00 (As of Mar. 2024)

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What is Petrichor Energy Days Payable?

Petrichor Energy's average Accounts Payable for the three months ended in Mar. 2024 was C$0.07 Mil. Petrichor Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.00 Mil.

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

During the past 13 years, Petrichor Energy's highest Days Payable was 5141.98. The lowest was 403.37. And the median was 3304.70.

TSXV:PTP.H's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 60.89
* Ranked among companies with meaningful Days Payable only.

Petrichor Energy's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Petrichor Energy Days Payable Historical Data

The historical data trend for Petrichor 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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Petrichor Energy Days Payable Chart

Petrichor Energy Annual Data

Trend

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Dec23

Days Payable

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Petrichor Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Petrichor Energy's Days Payable

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

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

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

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

Petrichor 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.

Petrichor Energy's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.129	+	0.068)	/	2 )	/	0	*	365
=	0.0985					/	0	*	365
=	N/A

Petrichor Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.068	+	0.067)	/	2 )	/	0	*	365 / 4
=	0.0675					/	0	*	365 / 4
=	N/A

Petrichor Energy Days Payable Related Terms

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Petrichor Energy (TSXV:PTP.H) Business Description

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ODEFF:USA

Address

595 Howe Street, Suite 303, P.O. Box 4, Vancouver, BC, CAN, V6C 2T5

Website

https://www.petrichorenergy.com

Petrichor Energy Inc is a Canada-based company that operates as an oil and gas exploration company. Its principal activity is the acquisition, exploration, and development of oil and gas properties. Its projects include Marble Falls Property; Cobb No.1 Well; Garner No.2 Well; Hinson No.1 Well; and Verba Field.

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