CGBSF (Crown LNG Holdings) Days Payable: 0.00 (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Crown LNG Holdings Days Payable?

Crown LNG Holdings CGBSF -99.00% Days Payable is 0.00 as of Jun. 2024.

Crown LNG Holdings's average Accounts Payable for the six months ended in Jun. 2024 was $5.71 Mil. Crown LNG Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.00 Mil.

The historical rank and industry rank for Crown LNG Holdings's Days Payable or its related term are showing as below:

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

Crown LNG Holdings's Days Payable stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).


Crown LNG Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Crown LNG Holdings'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.

Crown LNG Holdings Days Payable Chart

Crown LNG Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Payable
0.00 5,475.00 3,765.33 0.00

Crown LNG Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Payable Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CGBSF vs SDXEF, HTPRF, SPOWF: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Crown LNG Holdings'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.


Crown LNG Holdings Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Crown LNG Holdings's Days Payable falls into.



Crown LNG Holdings 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.

Crown LNG Holdings'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
=( (1.856 + 5.038) / 2 ) / 0*365
=3.447 / 0*365
=N/A

Crown LNG Holdings's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (5.038 + 6.388) / 2 ) / 0*365 / 2
=5.713 / 0*365 / 2
=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?
Crown LNG Holdings (CGBSF) has a Days Payable of 0.00 as of Jun. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Crown LNG Holdings and its competitors.
Is Crown LNG Holdings' Days Payable too high?
Crown LNG Holdings' current Days Payable is 0.00.
How does Crown LNG Holdings' Days Payable compare to SDXEF and HTPRF?
Crown LNG Holdings' 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 850 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 Crown LNG Holdings 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. Crown LNG Holdings'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 Crown LNG Holdings stock overvalued right now?
Crown LNG Holdings (CGBSF) 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 Crown LNG Holdings (CGBSF), the current Days Payable is 0.00 as of Jun. 2024. 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.

Crown LNG Holdings Business Description

Industry EnergyOil & Gas
Address 44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG
Crown LNG Holdings Ltd is an LNG infrastructure company that seeks to provide natural gas liquefaction, storage, and re-gasification services. It focuses on enabling a stable and reliable supply of LNG to customers, especially in geographic areas where onshore or floating facilities may be difficult or less desirable as a result of harsh weather conditions, safety or environmental concerns, or cost. It specializes in the design and operation of offshore, all-weather LNG liquefication and re-gasification terminals, such as gravity-based structures. Through Its technologies and design, It believes it can deliver tailored LNG infrastructure suitable for energy-isolated locations, as well as provide critical LNG infrastructure to under-served markets around the world.