Thistle Resources (TSXV:TRCG) Days Payable: 0.00 (As of Mar. 2026)

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TSXV:TRCG Thistle Resources Inc TSXV:TRCG
12 GF Score
Price C$0.19
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What is Thistle Resources Days Payable?

Thistle Resources TSXV:TRCG 12 Days Payable is 0.00 as of Mar. 2026. GuruFocus rates TSXV:TRCG with a GF Score™ of 12/100. Among 1,064 Metals & Mining companies, Thistle Resources ranks worse than 93984.87% on this metric.

Thistle Resources's average Accounts Payable for the three months ended in Mar. 2026 was C$0.95 Mil. Thistle 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 Thistle Resources's Days Payable or its related term are showing as below:

TSXV:TRCG's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 125.245
* Ranked among companies with meaningful Days Payable only.

Thistle Resources's Days Payable stayed the same from Dec. 2024 (0.00) to Mar. 2026 (0.00). stayed the same


Thistle Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Thistle 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.

Thistle Resources Days Payable Chart

Thistle Resources Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Days Payable
0.00 0.00 0.00 0.00

Thistle Resources Quarterly Data
Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Thistle Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Thistle 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.


Thistle Resources Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Thistle Resources's Days Payable distribution charts can be found below:

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


TSXV:TRCG
12GF Score
Thistle Resources Inc TSXV:TRCG
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Thistle 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.

Thistle 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
=( (0.22 + 0.823) / 2 ) / 0*365
=0.5215 / 0*365
=N/A

Thistle 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
=( (0.823 + 1.077) / 2 ) / 0*365 / 4
=0.95 / 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?
Thistle Resources (TSXV:TRCG) 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 Thistle Resources and its competitors. According to the industry distribution chart, Thistle Resources ranks #999999 out of 1064 companies in the Metals & Mining industry.
Is Thistle Resources' Days Payable too high?
Thistle Resources' current Days Payable is 0.00. Based on the distribution chart, Thistle Resources ranks #999999 out of 1064 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Thistle Resources has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thistle Resources' Days Payable compare to competitors?
According to the Metals & Mining industry distribution chart, Thistle Resources ranks #999999 out of 1064 companies for Days Payable. This places Thistle Resources in the lower half of its industry. The industry median Days Payable is 125.25. 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 125.25, based on 1,064 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 Thistle Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 125.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thistle 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 Thistle Resources stock overvalued right now?
Thistle Resources (TSXV:TRCG) has a current Days Payable of 0.00. The current Days Payable is 0.00. Thistle Resources' overall GF Score™ is 12/100. 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 Thistle Resources (TSXV:TRCG), 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.

Thistle Resources Business Description

Address 77 King Street West, Suite 3000, TD Centre North Tower, Toronto, ON, CAN, M5K 1G8
Thistle Resources Inc is engaged in base and precious metal exploration in the Bathurst Mining Camp, New Brunswick, and the Cape Breton Highlands Region, Nova Scotia. The company wholly-owns the following mineral exploration projects: Middle River Gold Project; Middle River VMS Project; Celtic Highlands Project and Alba Forks Project. It has acquired the option to purchase the mineral claims associated with the Brunswick Gold-Silver Project.
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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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