GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HTC Purenergy Inc (TSXV:HTC) » Definitions » Days Payable

HTC Purenergy (TSXV:HTC) Days Payable : 6,296.25 (As of Sep. 2023)


View and export this data going back to 1997. Start your Free Trial

What is HTC Purenergy Days Payable?

HTC Purenergy's average Accounts Payable for the three months ended in Sep. 2023 was C$0.35 Mil. HTC Purenergy's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.01 Mil. Hence, HTC Purenergy's Days Payable for the three months ended in Sep. 2023 was 6,296.25.

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

TSXV:HTC' s Days Payable Range Over the Past 10 Years
Min: 93.07   Med: 598.74   Max: 24849.71
Current: 1974.74

During the past 13 years, HTC Purenergy's highest Days Payable was 24849.71. The lowest was 93.07. And the median was 598.74.

TSXV:HTC's Days Payable is ranked better than
96.44% of 899 companies
in the Oil & Gas industry
Industry Median: 61.11 vs TSXV:HTC: 1974.74

HTC Purenergy's Days Payable increased from Sep. 2022 (920.59) to Sep. 2023 (6,296.25). It may suggest that HTC Purenergy delayed paying its suppliers.


HTC Purenergy Days Payable Historical Data

The historical data trend for HTC Purenergy'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.

HTC Purenergy Days Payable Chart

HTC Purenergy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 700.21 24,849.71 883.70 382.84 497.27

HTC Purenergy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 920.59 1,009.23 3,062.35 4,653.75 6,296.25

Competitive Comparison of HTC Purenergy's Days Payable

For the Oil & Gas Equipment & Services subindustry, HTC Purenergy'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.


HTC Purenergy's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where HTC Purenergy's Days Payable falls into.



HTC Purenergy 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.

HTC Purenergy's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.732 + 0.862) / 2 ) / 0.585*365
=0.797 / 0.585*365
=497.27

HTC Purenergy's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.408 + 0.282) / 2 ) / 0.005*365 / 4
=0.345 / 0.005*365 / 4
=6,296.25

* 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.


HTC Purenergy Days Payable Related Terms

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


HTC Purenergy (TSXV:HTC) Business Description

Traded in Other Exchanges
Address
002-2305 Victoria Avenue, Regina, SK, CAN, S4P 0S7
HTC Purenergy Inc is engaged in the development, aggregation, and commercialization of proprietary technologies relating to CO2 capture and CO2 solvent recovery. The company provides services to two industries Industrial and Energy services and Clean Energy Technologies. It operates through one segment: HTC Extraction Systems, which is engaged in the processing of hemp biomass and the provision of related products and services. Geographically, the company generates revenue from the US.

HTC Purenergy (TSXV:HTC) Headlines

No Headlines