Pioneer Oil & Gas (Pioneer Oil & Gas) Days Payable : 244.57 (As of Jun. 2005)

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What is Pioneer Oil & Gas Days Payable?

Pioneer Oil & Gas's average Accounts Payable for the three months ended in Jun. 2005 was $0.62 Mil. Pioneer Oil & Gas's Cost of Goods Sold for the three months ended in Jun. 2005 was $0.23 Mil. Hence, Pioneer Oil & Gas's Days Payable for the three months ended in Jun. 2005 was 244.57.

The historical rank and industry rank for Pioneer Oil & Gas's Days Payable or its related term are showing as below:

POGS's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.41
* Ranked among companies with meaningful Days Payable only.

Pioneer Oil & Gas's Days Payable declined from Jun. 2004 (272.86) to Jun. 2005 (244.57). It may suggest that Pioneer Oil & Gas accelerated paying its suppliers.

Pioneer Oil & Gas Days Payable Historical Data

The historical data trend for Pioneer Oil & Gas'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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Pioneer Oil & Gas Days Payable Chart

Pioneer Oil & Gas Annual Data

Trend

Sep00

Sep01

Sep02

Sep03

Sep04

Days Payable

60.28

70.17

70.52

72.19

61.82

Pioneer Oil & Gas Quarterly Data
	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05
Days Payable	Get a 7-Day Free Trial															272.86	964.86	64.33	32.14	244.57

Competitive Comparison of Pioneer Oil & Gas's Days Payable

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas'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.

Pioneer Oil & Gas's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pioneer Oil & Gas's Days Payable falls into.

Pioneer Oil & Gas 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.

Pioneer Oil & Gas's Days Payable for the fiscal year that ended in Sep. 2004 is calculated as

	Days Payable (A: Sep. 2004 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2003 )	+	Accounts Payable (A: Sep. 2004 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2004 )	*	Days in Period
=	( (0.122	+	0.108)	/	2 )	/	0.679	*	365
=	0.115					/	0.679	*	365
=	61.82

Pioneer Oil & Gas's Days Payable for the quarter that ended in Jun. 2005 is calculated as:

	Days Payable (Q: Jun. 2005 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2005 )	+	Accounts Payable (Q: Jun. 2005 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2005 )	*	Days in Period
=	( (0.05	+	1.199)	/	2 )	/	0.233	*	365 / 4
=	0.6245					/	0.233	*	365 / 4
=	244.57

Pioneer Oil & Gas Days Payable Related Terms

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Pioneer Oil & Gas (Pioneer Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pioneer Oil & Gas (OTCPK:POGS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512

Website

http://www.piol.com

Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States.

Executives

Don Jared Colton	director, 10 percent owner, officer: President	2172 GAMBEL OAK DR, SANDY UT 84092
Gregg B Colton	director, 10 percent owner, officer: Vice President and Secretary	1206 W SOUTH JORDON PARKWAY, UNITE B, SOUTH JORDAN UT 84095

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