Record Resources (TSXV:REC) Days Payable: 0.00 (As of Mar. 2026)


What is Record Resources Days Payable?

Record Resources TSXV:REC Days Payable is 0.00 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 853 Oil & Gas companies, Record Resources ranks worse than 117233.18% on this metric.

Record Resources's average Accounts Payable for the three months ended in Mar. 2026 was C$0.73 Mil. Record Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was C$0.00 Mil.

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

During the past 13 years, Record Resources's highest Days Payable was 61776.25. The lowest was 41184.17. And the median was 51480.21.

TSXV:REC's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.73
* Ranked among companies with meaningful Days Payable only.

Record Resources's Days Payable stayed the same from Mar. 2025 (0.00) to Mar. 2026 (0.00). stayed the same

Record Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Record 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.

Record Resources Days Payable Chart

Record Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Record Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

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

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

Record Resources Days Payable vs Oil & Gas Industry

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

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


Record 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.

Record Resources's Days Payable for the fiscal year that ended in Sep. 2025 is calculated as

Days Payable (A: Sep. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2024 ) + Accounts Payable (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (0.155 + 0.926) / 2 ) / 0*365
=0.5405 / 0*365
=N/A

Record Resources's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.899 + 0.557) / 2 ) / 0*365 / 4
=0.728 / 0*365 / 4
=N/A

* 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 0.00 mean?
Record Resources (TSXV:REC) has a Days Payable of 0.00 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 Record Resources and its competitors. Over the past decade, Record Resources' Days Payable has ranged from 41,184.17 to 61,776.25. According to the industry distribution chart, Record Resources ranks #999999 out of 853 companies in the Oil & Gas industry.
Is Record Resources' Days Payable too high?
Record Resources' current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 41,184.17 to a high of 61,776.25. Based on the distribution chart, Record Resources ranks #999999 out of 853 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Record Resources' Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Record Resources ranks #999999 out of 853 companies for Days Payable. This places Record Resources in the lower half of its industry. The industry median Days Payable is 57.73. Historically, Record Resources' own Days Payable has ranged from 41,184.17 to 61,776.25 over the past decade. 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 57.73, based on 853 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. 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 Record Resources and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Record Resources's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Record Resources stock overvalued right now?
Record Resources (TSXV:REC) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Record Resources (TSXV:REC), the current Days Payable is 0.00 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.

Record Resources Business Description

Industry EnergyOil & Gas
Address 12220 Stony Plain Road NW, Suite 600, Edmonton, AB, CAN, T5N 3Y4
Record Resources Inc is a Canadian-based world-wide energy exploration company. The company is focused on acquiring and developing international and national energy projects. The group recently had around 20% interest in the exploration, appraisal, development, and production of oil and gas on Gabon offshore Block C-7, renamed Ngulu. The company also has fully owned Hydrogen properties in Ontario.