Waskahigan Oil & Gas (XCNQ:WOGC) Days Payable : 5,931.25 (As of Sep. 2024)

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What is Waskahigan Oil & Gas Days Payable?

Waskahigan Oil & Gas's average Accounts Payable for the three months ended in Sep. 2024 was C$0.46 Mil. Waskahigan Oil & Gas's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.01 Mil. Hence, Waskahigan Oil & Gas's Days Payable for the three months ended in Sep. 2024 was 5,931.25.

The historical rank and industry rank for Waskahigan Oil & Gas's Days Payable or its related term are showing as below:

XCNQ:WOGC' s Days Payable Range Over the Past 10 Years
Min: 97.89 Med: 126.27 Max: 411.68
Current: 411.68

During the past 4 years, Waskahigan Oil & Gas's highest Days Payable was 411.68. The lowest was 97.89. And the median was 126.27.

XCNQ:WOGC's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 60.34 vs XCNQ:WOGC: 411.68

Waskahigan Oil & Gas's Days Payable increased from Sep. 2023 (0.00) to Sep. 2024 (5,931.25). It may suggest that Waskahigan Oil & Gas delayed paying its suppliers.

Waskahigan Oil & Gas Days Payable Historical Data

The historical data trend for Waskahigan Oil & Gas'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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Waskahigan Oil & Gas Days Payable Chart

Waskahigan Oil & Gas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

97.89

126.27

210.31

Waskahigan Oil & Gas Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial											-	287.52	193.71	2,652.33	5,931.25

Competitive Comparison of Waskahigan Oil & Gas's Days Payable

For the Oil & Gas E&P subindustry, Waskahigan Oil & Gas'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.

Waskahigan Oil & Gas's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Waskahigan Oil & Gas's Days Payable falls into.

Waskahigan Oil & Gas 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.

Waskahigan Oil & Gas'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
=	( (0.535	+	0.501)	/	2 )	/	0.899	*	365
=	0.518					/	0.899	*	365
=	210.31

Waskahigan Oil & Gas's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.436	+	0.474)	/	2 )	/	0.007	*	365 / 4
=	0.455					/	0.007	*	365 / 4
=	5,931.25

Waskahigan Oil & Gas Days Payable Related Terms

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Waskahigan Oil & Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Waskahigan Oil & Gas Corp (XCNQ:WOGC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

221 10th Avenue SE, Suite 203, Calgary, AB, CAN, T2G 0V9

Website

https://www.waskahiganoil.com

Waskahigan Oil & Gas Corp engaged in petroleum and natural gas exploration and development activities in western Canada. The company generates revenue from the sale of oil, natural gas and NGLs.

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