Topaz Energy (TSX:TPZ) Days Payable : 0.00 (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Topaz Energy Days Payable?

Topaz Energy's average Accounts Payable for the three months ended in Mar. 2024 was C$0.0 Mil. Topaz Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was C$49.3 Mil. Hence, Topaz Energy's Days Payable for the three months ended in Mar. 2024 was 0.00.

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

TSX:TPZ's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 60.98
* Ranked among companies with meaningful Days Payable only.

Topaz Energy's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

Topaz Energy Days Payable Historical Data

The historical data trend for Topaz 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.

* Premium members only.

Topaz Energy Days Payable Chart

Topaz Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Topaz Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Topaz Energy's Days Payable

For the Oil & Gas Midstream subindustry, Topaz 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.

Topaz Energy's Days Payable Distribution in the Oil & Gas Industry

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

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

Topaz 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.

Topaz Energy'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	+	0)	/	1 )	/	217.391	*	365
=	0					/	217.391	*	365
=	0.00

Topaz Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	49.325	*	365 / 4
=	0					/	49.325	*	365 / 4
=	0.00

Topaz Energy Days Payable Related Terms

Thank you for viewing the detailed overview of Topaz Energy's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Topaz Energy (TSX:TPZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Topaz Energy Corp (TSX:TPZ) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TPZEF:USA 5XU:Germany

Address

250 - 6th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 3H7

Website

https://www.topazenergy.ca

Topaz Energy Corp is a royalty and energy infrastructure company focused on generating low-risk income and paying dividends to its shareholders. It generates revenue from the Royalty Assets, which generate the company's Royalty Production Revenue; and the Infrastructure Assets, which generate the company's Processing Revenue and Other Income. The majority of the company's revenue is earned through royalties.

Executives

Stephen Phillip Larke

Director