White River Energy (White River Energy) Days Payable : 0.00 (As of Dec. 2023)

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What is White River Energy Days Payable?

White River Energy's average Accounts Payable for the three months ended in Dec. 2023 was $3.50 Mil. White River Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

During the past 2 years, White River Energy's highest Days Payable was 126.82. The lowest was 46.89. And the median was 86.86.

WTRV's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.11
* Ranked among companies with meaningful Days Payable only.

White River Energy's Days Payable declined from Dec. 2022 (17.62) to Dec. 2023 (0.00). It may suggest that White River Energy accelerated paying its suppliers.

White River Energy Days Payable Historical Data

The historical data trend for White River 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.

White River Energy Days Payable Chart

White River Energy Annual Data

Trend

Mar22

Mar23

Days Payable

46.89

126.82

White River Energy Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial					17.62	-	1,121.69	613.50	-

Competitive Comparison of White River Energy's Days Payable

For the Oil & Gas E&P subindustry, White River 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.

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

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

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

White River 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.

White River Energy's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.799	+	3.501)	/	2 )	/	6.188	*	365
=	2.15					/	6.188	*	365
=	126.82

White River Energy's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.114	+	2.881)	/	2 )	/	0	*	365 / 4
=	3.4975					/	0	*	365 / 4
=	N/A

White River Energy Days Payable Related Terms

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White River Energy (White River Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » White River Energy Corp (OTCPK:WTRV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

609 W. Dickson Street, Suite 102 G, Fayetteville, AR, USA, 72701

Website

https://www.white-river.com

White River Energy Corp is engaged in oil and gas exploration, production and drilling operations. The company operates over 30,000 cumulative acres of active oil and gas mineral leases in Louisiana and Mississippi.

White River Energy (White River Energy) Headlines

From GuruFocus

White River Energy Corp at Virtual Investor Conferences Transcript

By GuruFocus Research • 02-15-2024