CBMDF (CBM Asia Development) Days Payable: 0.00 (As of Sep. 2013)


What is CBM Asia Development Days Payable?

CBM Asia Development CBMDF -90.00% Days Payable is 0.00 as of Sep. 2013.

CBM Asia Development's average Accounts Payable for the three months ended in Sep. 2013 was $0.00 Mil. CBM Asia Development's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.00 Mil.

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

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

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


CBM Asia Development Days Payable Historical Data

* Premium members only.

The historical data trend for CBM Asia 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.

CBM Asia Development Days Payable Chart

CBM Asia Development Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CBM Asia Development Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 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 Premium Member Only Premium Member Only 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

CBMDF vs IFNY, EXNT: Days Payable Comparison

For the Oil & Gas E&P subindustry, CBM Asia 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.


CBM Asia Development Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where CBM Asia Development's Days Payable falls into.



CBM Asia 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.

CBM Asia Development's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable (A: Dec. 2012 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2011 ) + Accounts Payable (A: Dec. 2012 )) / count ) / Cost of Goods Sold (A: Dec. 2012 )*Days in Period
=( (0 + 0) / 1 ) / 6.981*365
=0 / 6.981*365
=0.00

CBM Asia 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*365 / 4
=0 / 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?
CBM Asia Development (CBMDF) 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 CBM Asia Development and its competitors.
Is CBM Asia Development's Days Payable too high?
CBM Asia Development's current Days Payable is 0.00.
How does CBM Asia Development's Days Payable compare to IFNY and EXNT?
CBM Asia Development's 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 CBM Asia Development 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. CBM Asia 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 CBM Asia Development stock overvalued right now?
CBM Asia Development (CBMDF) 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 CBM Asia Development (CBMDF), 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.

CBM Asia Development Business Description

Industry EnergyOil & Gas
Address 5626 Larch Street, Vancouver, BC, CAN, V6M 4E1
CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia.