CanAm Coal (FRA:RHE) Days Payable : 48.22 (As of Sep. 2014)

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What is CanAm Coal Days Payable?

CanAm Coal's average Accounts Payable for the three months ended in Sep. 2014 was €6.27 Mil. CanAm Coal's Cost of Goods Sold for the three months ended in Sep. 2014 was €11.87 Mil. Hence, CanAm Coal's Days Payable for the three months ended in Sep. 2014 was 48.22.

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

FRA:RHE's Days Payable is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 67.195
* Ranked among companies with meaningful Days Payable only.

CanAm Coal's Days Payable declined from Sep. 2013 (61.14) to Sep. 2014 (48.22). It may suggest that CanAm Coal accelerated paying its suppliers.

CanAm Coal Days Payable Historical Data

The historical data trend for CanAm Coal'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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CanAm Coal Days Payable Chart

CanAm Coal Annual Data

Trend

Jan04

Jan05

Jan06

Jan07

Jan08

Jan09

Jan10

Jan11

Dec12

Dec13

Days Payable

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248.13

37.73

36.11

69.30

CanAm Coal Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Payable	Get a 7-Day Free Trial															61.14	67.87	71.85	52.51	48.22

Competitive Comparison of CanAm Coal's Days Payable

For the Thermal Coal subindustry, CanAm Coal'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.

CanAm Coal's Days Payable Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CanAm Coal's Days Payable distribution charts can be found below:

* The bar in red indicates where CanAm Coal's Days Payable falls into.

CanAm Coal 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.

CanAm Coal's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (7.745	+	8.182)	/	2 )	/	41.944	*	365
=	7.9635					/	41.944	*	365
=	69.30

CanAm Coal's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

	Days Payable (Q: Sep. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2014 )	+	Accounts Payable (Q: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2014 )	*	Days in Period
=	( (5.174	+	7.367)	/	2 )	/	11.866	*	365 / 4
=	6.2705					/	11.866	*	365 / 4
=	48.22

CanAm Coal Days Payable Related Terms

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CanAm Coal (FRA:RHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » CanAm Coal Corp (FRA:RHE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1201-5th Street S W, Suite 202, Calgary, AB, CAN, T2R 0Y6

Website

http://www.canamcoal.com

CanAm Coal Corp acquires, explores and develops coal resources and resource related technologies. It owns and operates coal mines in Alabama. It also evaluates on an ongoing basis other coal and related opportunities.