BMMCF (Kbridge Energy) Days Payable: 286.79 (As of Dec. 2021)

What is Kbridge Energy Days Payable?

Kbridge Energy BMMCF Days Payable is 286.79 as of Dec. 2021.

Kbridge Energy's average Accounts Payable for the six months ended in Dec. 2021 was $0.03 Mil. Kbridge Energy's Cost of Goods Sold for the six months ended in Dec. 2021 was $0.03 Mil. Hence, Kbridge Energy's Days Payable for the six months ended in Dec. 2021 was 143.39.

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

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

Kbridge Energy's Days Payable declined from Dec. 2019 (488.63) to Dec. 2021 (286.79). It may suggest that Kbridge Energy accelerated paying its suppliers.

Kbridge Energy Days Payable Related Terms

Kbridge Energy Days Payable Historical Data

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The historical data trend for Kbridge Energy'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.

Kbridge Energy Days Payable Chart

Kbridge Energy Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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709.14

646.15

488.63

236.18

286.79

Kbridge Energy Semi-Annual Data
	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Days Payable	Get a 7-Day Free Trial														709.14	646.15	488.63	236.18	286.79

BMMCF vs NOBH, FRME, FFBC: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Kbridge Energy'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.

Kbridge Energy Days Payable vs Oil & Gas Industry

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

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

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Kbridge Energy 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.

Kbridge Energy's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (0.019	+	0.036)	/	2 )	/	0.035	*	365
=	0.0275					/	0.035	*	365
=	286.79

Kbridge Energy's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2020 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (0.019	+	0.036)	/	2 )	/	0.035	*	365 / 2
=	0.0275					/	0.035	*	365 / 2
=	143.39

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 286.79 mean?

Kbridge Energy (BMMCF) has a Days Payable of 286.79 as of Dec. 2021. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kbridge Energy and its competitors.

Is Kbridge Energy's Days Payable too high?

Kbridge Energy's current Days Payable is 286.79. The Oil & Gas industry median Days Payable is 57.15. Kbridge Energy's value of 286.79 is 401.9% above this industry median.

How does Kbridge Energy's Days Payable compare to NOBH and FRME?

Kbridge Energy's Days Payable of 286.79 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.15. Kbridge Energy's value of 286.79 is 401.9% above this benchmark. 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. Kbridge Energy's current Days Payable of 286.79 is 401.9% above the industry median. 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 Kbridge Energy 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. Kbridge Energy's current Days Payable is 286.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Kbridge Energy stock overvalued right now?

Kbridge Energy (BMMCF) has a current Days Payable of 286.79. The current Days Payable is 286.79 and 401.9% above the Oil & Gas industry median of 57.15. 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 Kbridge Energy (BMMCF), the current Days Payable is 286.79 as of Dec. 2021. 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.

Kbridge Energy Business Description

Industry Energy Oil & Gas

Comparable Companies NOBH FRME FFBC PRAA TIG CASH ALBY TOWN CBAF BDVC SLB HAL BKR MIL:TEN NOV SHSE:601808 CHX FTI ASX:WOR VAL

Address 1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website http://

Kbridge Energy Corp is an oil and gas producing company having operations in Alberta, Canada. It also focuses on providing consulting services to the resource sector.