AEDC (American Energy Development) Days Payable: 0.00 (As of Sep. 2013)


What is American Energy Development Days Payable?

American Energy Development AEDC -99.95% Days Payable is 0.00 as of Sep. 2013.

American Energy Development's average Accounts Payable for the three months ended in Sep. 2013 was $0.00 Mil. American Energy Development's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.00 Mil. Hence, American Energy Development's Days Payable for the three months ended in Sep. 2013 was 0.00.

The historical rank and industry rank for American Energy Development's Days Payable or its related term are showing as below:

AEDC's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.145
* Ranked among companies with meaningful Days Payable only.

American Energy Development's Days Payable stayed the same from Sep. 2012 (0.00) to Sep. 2013 (0.00). stayed the same

American Energy Development Days Payable Historical Data

* Premium members only.

The historical data trend for American Energy Development'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.

American Energy Development Days Payable Chart

American Energy Development Annual Data
Trend Jun11 Jun12 Jun13
Days Payable
0.00 12,775.00 0.00

American Energy Development Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

AEDC vs BRZV, CWLXF, UNIGF: Days Payable Comparison

For the Oil & Gas E&P subindustry, American Energy Development'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.

American Energy Development Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where American Energy Development's Days Payable falls into.


American Energy Development 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.

American Energy Development's Days Payable for the fiscal year that ended in Jun. 2013 is calculated as

Days Payable (A: Jun. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2012 ) + Accounts Payable (A: Jun. 2013 )) / count ) / Cost of Goods Sold (A: Jun. 2013 )*Days in Period
=( (0 + 0) / 1 ) / 0.03*365
=0 / 0.03*365
=0.00

American Energy Development's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Payable (Q: Sep. 2013 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2013 ) + Accounts Payable (Q: Sep. 2013 )) / count ) / Cost of Goods Sold (Q: Sep. 2013 )*Days in Period
=( (0 + 0) / 1 ) / 0.003*365 / 4
=0 / 0.003*365 / 4
=0.00

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
American Energy Development (AEDC) has a Days Payable of 0.00 as of Sep. 2013. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Energy Development and its competitors.
Is American Energy Development's Days Payable too high?
American Energy Development's current Days Payable is 0.00.
How does American Energy Development's Days Payable compare to BRZV and CWLXF?
American Energy Development's Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.15. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.15, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on American Energy Development and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Energy Development's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Energy Development stock overvalued right now?
American Energy Development (AEDC) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For American Energy Development (AEDC), the current Days Payable is 0.00 as of Sep. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

American Energy Development Business Description

Industry EnergyOil & Gas
Address 1230 Avenue of the Americas, 7th Floor, New York, NY, USA, 10020
American Energy Development Corp is an independent USA energy company. It intends to locate, drill, and produce oil and gas in the USA and secure regions. The company is focused on the development of Niagaran oil reefs in Michigan and the underexplored onshore basins in the UK.