CanAsia Energy (CanAsia Energy) Days Payable : 0.00 (As of Mar. 2024)

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What is CanAsia Energy Days Payable?

CanAsia Energy's average Accounts Payable for the three months ended in Mar. 2024 was $0.00 Mil. CanAsia Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

CECAF's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.41
* Ranked among companies with meaningful Days Payable only.

CanAsia Energy's Days Payable stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00). stayed the same

CanAsia Energy Days Payable Historical Data

The historical data trend for CanAsia 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.

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CanAsia Energy Days Payable Chart

CanAsia Energy Annual Data

Trend

Dec22

Dec23

Days Payable

CanAsia Energy Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of CanAsia Energy's Days Payable

For the Oil & Gas E&P subindustry, CanAsia 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.

CanAsia Energy's Days Payable Distribution in the Oil & Gas Industry

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

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

CanAsia 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.

CanAsia Energy's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

CanAsia Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

CanAsia Energy Days Payable Related Terms

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CanAsia Energy (CanAsia Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CanAsia Energy Corp (OTCPK:CECAF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CEC:Canada

Address

3rd Street SW, Unit 1505, 505, Calgary, AB, CAN, T2P 3E6

Website

https://canasiacorp.com

CanAsia Energy Corp is a Calgary, Alberta-based oil and gas exploration and production company with operations located at Sawn Lake, Alberta.

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