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Puissant Industries (Puissant Industries) Days Payable : 131.57 (As of Dec. 2013)


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What is Puissant Industries Days Payable?

Puissant Industries's average Accounts Payable for the six months ended in Dec. 2013 was $0.03 Mil. Puissant Industries's Cost of Goods Sold for the six months ended in Dec. 2013 was $0.09 Mil. Hence, Puissant Industries's Days Payable for the six months ended in Dec. 2013 was 65.78.

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

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

Puissant Industries's Days Payable increased from Dec. 2011 (43.98) to Dec. 2013 (131.57). It may suggest that Puissant Industries delayed paying its suppliers.

Puissant Industries Days Payable Historical Data

The historical data trend for Puissant Industries'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.

Puissant Industries Days Payable Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Days Payable
- 43.98 99.34 131.57

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Days Payable - 43.98 99.34 131.57

Competitive Comparison of Puissant Industries's Days Payable

For the Oil & Gas E&P subindustry, Puissant Industries'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.

Puissant Industries's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Puissant Industries's Days Payable falls into.


Puissant Industries 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.

Puissant Industries'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
=( (0.031 + 0.031) / 2 ) / 0.086*365
=0.031 / 0.086*365
=131.57

Puissant Industries's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable (Q: Dec. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2012 ) + Accounts Payable (Q: Dec. 2013 )) / count ) / Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=( (0.031 + 0.031) / 2 ) / 0.086*365 / 2
=0.031 / 0.086*365 / 2
=65.78

* 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.

Puissant Industries Days Payable Related Terms

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

Puissant Industries (Puissant Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Days Payable
Comparable Companies
TSXV:AVN TSXV:SHM ALTX TSXV:OEC TSXV:TZR TSXV:KLE.H TSXV:PDQ LSE:SRO TSXV:NTN.H ASX:PKO XCNQ:TENO TSXV:STMP TSXV:YVI ASX:TNP IFNY STSC TSXV:RHC DBRM TSXV:MOL TSXV:AHU
Traded in Other Exchanges
N/A
Address
480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Website
http://www.psss.co
Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.
Executives
Carbon River Holdings, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook director, officer: Vice President 520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J. director, officer: Secretary/Treasurer 520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook director, officer: President 520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

From GuruFocus

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