ALOD (Allied Resources) Days Payable: 0.00 (As of Dec. 2018)


What is Allied Resources Days Payable?

Allied Resources ALOD Days Payable is 0.00 as of Dec. 2018.

Allied Resources's average Accounts Payable for the three months ended in Dec. 2018 was $0.02 Mil. Allied Resources's Cost of Goods Sold for the three months ended in Dec. 2018 was $0.00 Mil.

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

ALOD's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

Allied Resources's Days Payable declined from Jun. 2017 (28.12) to Dec. 2018 (0.00). It may suggest that Allied Resources accelerated paying its suppliers.

Allied Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Allied Resources'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.

Allied Resources Days Payable Chart

Allied Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.48 14.00 19.34 26.60 24.15

Allied Resources Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Dec18
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.12 0.00 19.48 14.00 0.00

ALOD vs ATRVF, GDPMQ, OOIL: Days Payable Comparison

For the Oil & Gas E&P subindustry, Allied Resources'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.

Allied Resources Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Allied Resources's Days Payable falls into.


Allied Resources 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.

Allied Resources's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.024 + 0.021) / 2 ) / 0.34*365
=0.0225 / 0.34*365
=24.15

Allied Resources's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (0.013 + 0.021) / 2 ) / 0*365 / 4
=0.017 / 0*365 / 4
=N/A

* 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?
Allied Resources (ALOD) has a Days Payable of 0.00 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Allied Resources and its competitors.
Is Allied Resources' Days Payable too high?
Allied Resources' current Days Payable is 0.00.
How does Allied Resources' Days Payable compare to ATRVF and GDPMQ?
Allied Resources' Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. 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 57.95, based on 849 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 Allied Resources and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Resources'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 Allied Resources stock overvalued right now?
Allied Resources (ALOD) 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 Allied Resources (ALOD), the current Days Payable is 0.00 as of Dec. 2018. 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.

Allied Resources Business Description

Industry EnergyOil & Gas
Address 299 Main Street, 13th Floor, Salt Lake City, UT, USA, 84111
Allied Resources Inc is engaged in producing oil and natural gas from leases located in West Virginia and Texas. The Company is mainly involved in acquiring, developing, producing, and selling oil and gas properties and production to companies in the continental United States. It is an independent oil and natural gas producer engaged in the exploration, development, production, and sale of oil, natural gas, and liquids from properties located in Calhoun and Ritchie counties, West Virginia, and Goliad and Edwards counties, Texas. Oil and liquids are sold at spot market prices as of the date of pickup.