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PetroTX LPXTAE:PTX +5.07%24 Days Payable is 38.74 as of Mar. 2026, which is 25% above its 10-year median of 31.01. GuruFocus rates XTAE:PTX with a GF Score™ of 24/100 and a GF Value™ of ₪0.54 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 859 Oil & Gas companies, PetroTX LP ranks worse than 64.38% on this metric.
PetroTX LP's average Accounts Payable for the
three
months ended in Mar. 2026 was ₪1.61 Mil. PetroTX LP's Cost of Goods Sold for the
three
months ended in Mar. 2026 was ₪3.80 Mil.
Hence, PetroTX LP's Days Payable for the
three
months ended in Mar. 2026 was 38.74.
The historical rank and industry rank for PetroTX LP's Days Payable or its related term are showing as below:
XTAE:PTX'
s Days Payable Range Over the Past 10 Years
Min: 13.79 Med: 31.01 Max: 231.69
Current: 39.71
During the past 13 years, PetroTX LP's highest Days Payable was 231.69. The lowest was 13.79. And the median was 31.01.
XTAE:PTX's Days Payable is ranked worse than 64.38% of 859
companies
in the Oil & Gas industry
Industry Median: 58.49
vs XTAE:PTX: 39.71
PetroTX LP's Days Payable
declined
from Mar. 2025 (41.54) to Mar. 2026 (38.74).
It may suggest that PetroTX LPaccelerated paying its suppliers.
The historical data trend for PetroTX LP'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.
XTAE:PTX vs COP, EOG, FANG: Days Payable Comparison
For the Oil & Gas E&P subindustry, PetroTX LP'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.
PetroTX LP Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PetroTX LP's Days Payable distribution charts can be found below:
* The bar in red indicates where PetroTX LP'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.
PetroTX LP's Days Payable for the fiscal year that ended in Dec. 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.
PetroTX LP (XTAE:PTX) has a Days Payable of 38.74 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 PetroTX LP and its competitors. This is 25% above median its historical median of 31.01. Over the past decade, PetroTX LP's Days Payable has ranged from 13.79 to 231.69. According to the industry distribution chart, PetroTX LP ranks #553 out of 859 companies in the Oil & Gas industry, placing it in the top 64.4%.
Is PetroTX LP's Days Payable too high?
PetroTX LP's current Days Payable of 38.74 is 25% above median its 10-year median of 31.01. Over the past 10 years, this metric has ranged from a low of 13.79 to a high of 231.69. The Oil & Gas industry median Days Payable is 58.49. PetroTX LP's value of 38.74 is 33.8% below this industry median. Based on the distribution chart, PetroTX LP ranks #553 out of 859 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PetroTX LP has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PetroTX LP's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PetroTX LP ranks #553 out of 859 companies for Days Payable. This places PetroTX LP in the lower half of its industry. The industry median Days Payable is 58.49. PetroTX LP's value of 38.74 is 33.8% below this benchmark. Historically, PetroTX LP's own Days Payable has ranged from 13.79 to 231.69 over the past decade. While the company's 10-year median is 31.01 vs. the industry median of 58.49, PetroTX LP 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 58.49, based on 859 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. PetroTX LP's current Days Payable of 38.74 is 33.8% 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 PetroTX LP and its competitors. For the Oil & Gas industry, the median Days Payable is 58.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroTX LP's current Days Payable is 38.74, which is 25% above median its own 10-year median of 31.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroTX LP stock overvalued right now?
Based on GuruFocus' analysis, PetroTX LP (XTAE:PTX) is currently considered Possible Value Trap. The stock's GF Value™ is ₪0.54, compared to a current price of ₪0.35 — trading 34.4% below its estimated fair value. The current Days Payable is 38.74, which is 25% above median its 10-year median of 31.01 and 33.8% below the Oil & Gas industry median of 58.49. PetroTX LP's overall GF Score™ is 24/100 with 4 warning signs to review. 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 PetroTX LP (XTAE:PTX), the current Days Payable is 38.74 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.
Is PetroTX LP (XTAE:PTX) Overvalued in 2026?
Based on GuruFocus' analysis, PetroTX LP stock appears to be undervalued.
The current stock price of ₪0.35 is trading 34.4% below its estimated GF Value™ of ₪0.54.
GuruFocus considers PetroTX LP to be Possible Value Trap.
Key valuation signals for XTAE:PTX:
Days Payable: 38.74 (25% above median its 10-year median of 31.01)
GF Value™: ₪0.54 vs. price of ₪0.35 (34.4% below fair value)
Industry Position: 33.8% below the Oil & Gas median (#553 of 859)
No single metric tells the full story. See the XTAE:PTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PetroTX LP is engaged in oil and gas investments. The company develops an investment portfolio through the acquisitions of oil and gas producing properties in the United States. It also seeks for expansion through additional drilling or completion activities. Its properties portfolio consists of assets in the states of Texas and Mississippi.
24GF Score
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