Gastar Exploration (Gastar Exploration) Days Payable : 107.91 (As of Sep. 2018)

View and export this data going back to 2013. Start your Free Trial

What is Gastar Exploration Days Payable?

Gastar Exploration's average Accounts Payable for the three months ended in Sep. 2018 was $16.63 Mil. Gastar Exploration's Cost of Goods Sold for the three months ended in Sep. 2018 was $14.06 Mil. Hence, Gastar Exploration's Days Payable for the three months ended in Sep. 2018 was 107.91.

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

GSPBQ.PFD' s Days Payable Range Over the Past 10 Years
Min: 25.72 Med: 331.59 Max: 649.61
Current: 393.52

During the past 8 years, Gastar Exploration's highest Days Payable was 649.61. The lowest was 25.72. And the median was 331.59.

GSPBQ.PFD's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 59.43 vs GSPBQ.PFD: 393.52

Gastar Exploration's Days Payable increased from Sep. 2017 (90.18) to Sep. 2018 (107.91). It may suggest that Gastar Exploration delayed paying its suppliers.

Gastar Exploration Days Payable Historical Data

The historical data trend for Gastar Exploration'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.

Gastar Exploration Days Payable Chart

Gastar Exploration Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

Get a 7-Day Free Trial

126.00

95.89

61.46

36.90

119.32

Gastar Exploration Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Days Payable	Get a 7-Day Free Trial															90.18	110.09	85.94	75.84	107.91

Competitive Comparison of Gastar Exploration's Days Payable

For the Oil & Gas E&P subindustry, Gastar Exploration'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.

Gastar Exploration's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gastar Exploration's Days Payable falls into.

Gastar Exploration 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.

Gastar Exploration's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (8.867	+	24.382)	/	2 )	/	50.854	*	365
=	16.6245					/	50.854	*	365
=	119.32

Gastar Exploration's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

	Days Payable (Q: Sep. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2018 )	+	Accounts Payable (Q: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
=	( (13.026	+	20.228)	/	2 )	/	14.06	*	365 / 4
=	16.627					/	14.06	*	365 / 4
=	107.91

Gastar Exploration Days Payable Related Terms

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

Gastar Exploration (Gastar Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gastar Exploration Inc (OTCPK:GSPBQ.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

1331 Lamar Street, Suite 650, Houston, TX, USA, 77010

Website

http://www.gastar.com

Gastar Exploration Inc is Mid-Continent independent energy company which is engaged in the exploration, development, and production of oil, condensate, natural gas and NGLs (natural gas liquids). The principal business activities of the company include the identification, acquisition, and subsequent exploration and development of oil and natural gas properties with an emphasis on unconventional reserves, such as shale resource plays. The company's exploration properties consist primarily of oil and natural gas leases in the Mid-Continent area of the U.S. in Oklahoma. Gastar operates through the single segment being Exploration and production of oil, condensate, natural gas.