Trans Canada GoldTTGXF Days Payable is 231.38 as of Mar. 2026, which is 28% above its 10-year median of 180.14. The stock has 2 warning signs investors should review. Among 854 Oil & Gas companies, Trans Canada Gold ranks worse than 54.45% on this metric.
The historical rank and industry rank for Trans Canada Gold's Days Payable or its related term are showing as below:
TTGXF'
s Days Payable Range Over the Past 10 Years
Min: 51.76 Med: 180.14 Max: 713.9
Current: 51.76
During the past 13 years, Trans Canada Gold's highest Days Payable was 713.90. The lowest was 51.76. And the median was 180.14.
TTGXF's Days Payable is ranked worse than 54.45% of 854
companies
in the Oil & Gas industry
Industry Median: 57.145
vs TTGXF: 51.76
Trans Canada Gold's Days Payable
increased
from Mar. 2025 (116.27) to Mar. 2026 (231.38).
It may suggest that Trans Canada Golddelayed paying its suppliers.
Trans Canada Gold Days Payable Related Terms
Trans Canada Gold Days Payable Historical Data
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The historical data trend for Trans Canada Gold'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.
For the Oil & Gas E&P subindustry, Trans Canada Gold'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.
Trans Canada Gold Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Trans Canada Gold's Days Payable distribution charts can be found below:
* The bar in red indicates where Trans Canada Gold's Days Payable falls into.
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.
Trans Canada Gold's Days Payable for the fiscal year that ended in Jun. 2025 is calculated as
* 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.
Trans Canada Gold (TTGXF) has a Days Payable of 231.38 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 Trans Canada Gold and its competitors. This is 28% above median its historical median of 180.14. Over the past decade, Trans Canada Gold's Days Payable has ranged from 51.76 to 713.90. According to the industry distribution chart, Trans Canada Gold ranks #465 out of 854 companies in the Oil & Gas industry, placing it in the top 54.4%.
Is Trans Canada Gold's Days Payable too high?
Trans Canada Gold's current Days Payable of 231.38 is 28% above median its 10-year median of 180.14. Over the past 10 years, this metric has ranged from a low of 51.76 to a high of 713.90. The Oil & Gas industry median Days Payable is 57.15. Trans Canada Gold's value of 231.38 is 304.9% above this industry median. Based on the distribution chart, Trans Canada Gold ranks #465 out of 854 companies in the Oil & Gas industry, which is below the industry midpoint.
How does Trans Canada Gold's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Trans Canada Gold ranks #465 out of 854 companies for Days Payable. This places Trans Canada Gold in the lower half of its industry. The industry median Days Payable is 57.15. Trans Canada Gold's value of 231.38 is 304.9% above this benchmark. Historically, Trans Canada Gold's own Days Payable has ranged from 51.76 to 713.90 over the past decade. While the company's 10-year median is 180.14 vs. the industry median of 57.15, Trans Canada Gold has consistently been above 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 57.15, based on 854 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. Trans Canada Gold's current Days Payable of 231.38 is 304.9% above 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 Trans Canada Gold and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trans Canada Gold's current Days Payable is 231.38, which is 28% above median its own 10-year median of 180.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trans Canada Gold stock overvalued right now?
Based on GuruFocus' analysis, Trans Canada Gold (TTGXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.08 — trading 97.5% above its estimated fair value. The current Days Payable is 231.38, which is 28% above median its 10-year median of 180.14 and 304.9% above the Oil & Gas industry median of 57.15. 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 Trans Canada Gold (TTGXF), the current Days Payable is 231.38 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.
Trans Canada Gold Corp is a gold and mineral exploration and Oil & Gas Resource Development Company. It is focused on developing its District Scale Gold exploration project in Ontario. The company identifies, acquires and finances the acquisition of gold exploration properties and the ongoing development of mining and oil and gas assets. The company operates in two reportable segments, being exploration of mineral assets and petroleum production. All operations are located in Canada, in the provinces of Saskatchewan, Ontario and Alberta.
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