Saba Energy (TSXV:SABA) Days Payable: 16.98 (As of Sep. 2025) — 194% Above Median


What is Saba Energy Days Payable?

Saba Energy TSXV:SABA Days Payable is 16.98 as of Sep. 2025, which is 194% above its 10-year median of 5.77. The stock has 2 warning signs investors should review. Among 851 Oil & Gas companies, Saba Energy ranks worse than 94.24% on this metric.

Saba Energy's average Accounts Payable for the three months ended in Sep. 2025 was C$0.23 Mil. Saba Energy's Cost of Goods Sold for the three months ended in Sep. 2025 was C$1.24 Mil. Hence, Saba Energy's Days Payable for the three months ended in Sep. 2025 was 16.98.

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

TSXV:SABA' s Days Payable Range Over the Past 10 Years
Min: 5.77   Med: 5.77   Max: 9.57
Current: 9.57

During the past 10 years, Saba Energy's highest Days Payable was 9.57. The lowest was 5.77. And the median was 5.77.

TSXV:SABA's Days Payable is ranked worse than
94.24% of 851 companies
in the Oil & Gas industry
Industry Median: 57.95 vs TSXV:SABA: 9.57

Saba Energy's Days Payable increased from Sep. 2024 (13.03) to Sep. 2025 (16.98). It may suggest that Saba Energy delayed paying its suppliers.


Saba Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Saba 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.

Saba Energy Days Payable Chart

Saba Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 5.77

Saba Energy Quarterly Data
Mar12 Jun12 Sep12 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 13.03 4.34 4.56 18.39 16.98

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

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


Saba Energy Days Payable vs Oil & Gas Industry

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

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



Saba 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.

Saba Energy's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.069 + 0.065) / 2 ) / 4.237*365
=0.067 / 4.237*365
=5.77

Saba Energy's Days Payable for the quarter that ended in Sep. 2025 is calculated as:

Days Payable (Q: Sep. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2025 ) + Accounts Payable (Q: Sep. 2025 )) / count ) / Cost of Goods Sold (Q: Sep. 2025 )*Days in Period
=( (0.285 + 0.175) / 2 ) / 1.236*365 / 4
=0.23 / 1.236*365 / 4
=16.98

* 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 16.98 mean?
Saba Energy (TSXV:SABA) has a Days Payable of 16.98 as of Sep. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Saba Energy and its competitors. This is 194% above median its historical median of 5.77. Over the past decade, Saba Energy's Days Payable has ranged from 5.77 to 9.57. According to the industry distribution chart, Saba Energy ranks #802 out of 851 companies in the Oil & Gas industry, placing it in the top 94.2%.
Is Saba Energy's Days Payable too high?
Saba Energy's current Days Payable of 16.98 is 194% above median its 10-year median of 5.77. Over the past 10 years, this metric has ranged from a low of 5.77 to a high of 9.57. The Oil & Gas industry median Days Payable is 57.95. Saba Energy's value of 16.98 is 70.7% below this industry median. Based on the distribution chart, Saba Energy ranks #802 out of 851 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Saba Energy's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Saba Energy ranks #802 out of 851 companies for Days Payable. This places Saba Energy in the lower half of its industry. The industry median Days Payable is 57.95. Saba Energy's value of 16.98 is 70.7% below this benchmark. Historically, Saba Energy's own Days Payable has ranged from 5.77 to 9.57 over the past decade. While the company's 10-year median is 5.77 vs. the industry median of 57.95, Saba Energy 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 57.95, based on 851 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. Saba Energy's current Days Payable of 16.98 is 70.7% 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 Saba Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saba Energy's current Days Payable is 16.98, which is 194% above median its own 10-year median of 5.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saba Energy stock overvalued right now?
Saba Energy (TSXV:SABA) has a current Days Payable of 16.98. The current Days Payable is 16.98, which is 194% above median its 10-year median of 5.77 and 70.7% below the Oil & Gas industry median of 57.95. 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 Saba Energy (TSXV:SABA), the current Days Payable is 16.98 as of Sep. 2025. 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.

Saba Energy Business Description

Industry EnergyOil & Gas
Address 800-215 9 Avenue, Calgary, AB, CAN, T2P 1K3
Saba Energy Ltd, formerly Blue Sky Global Energy Corp operates as an oil and gas exploration company. The Company explores oil and gas resources located in the Corozal Basin, Belize.