CJAX (CoJax Oil & Gas) Days Payable: 108.11 (As of Mar. 2026) — 68% Above Median

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CJAX CoJax Oil & Gas Corp CJAX
9 GF Score
Price $3.55
GF Value $1.74
! 4 Warning Signs
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What is CoJax Oil & Gas Days Payable?

CoJax Oil & Gas CJAX 9 Days Payable is 108.11 as of Mar. 2026, which is 68% above its 10-year median of 64.53. GuruFocus rates CJAX with a GF Score™ of 9/100 and a GF Value™ of $1.74. The stock has 4 warning signs investors should review.

CoJax Oil & Gas's average Accounts Payable for the three months ended in Mar. 2026 was $0.22 Mil. CoJax Oil & Gas's Cost of Goods Sold for the three months ended in Mar. 2026 was $0.18 Mil. Hence, CoJax Oil & Gas's Days Payable for the three months ended in Mar. 2026 was 108.11.

The historical rank and industry rank for CoJax Oil & Gas's Days Payable or its related term are showing as below:

CJAX' s Days Payable Range Over the Past 10 Years
Min: 54.64   Med: 64.53   Max: 343.53
Current: 90.63

During the past 8 years, CoJax Oil & Gas's highest Days Payable was 343.53. The lowest was 54.64. And the median was 64.53.

CJAX's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 57.145 vs CJAX: 90.63

CoJax Oil & Gas's Days Payable increased from Mar. 2025 (61.20) to Mar. 2026 (108.11). It may suggest that CoJax Oil & Gas delayed paying its suppliers.


CoJax Oil & Gas Days Payable Historical Data

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The historical data trend for CoJax Oil & Gas'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.

CoJax Oil & Gas Days Payable Chart

CoJax Oil & Gas Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 343.53 75.71 64.53 58.11 54.64

CoJax Oil & Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 61.20 71.86 73.78 101.75 108.11

CJAX vs VOC, PRT, CRT: Days Payable Comparison

For the Oil & Gas E&P subindustry, CoJax Oil & Gas'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.


CoJax Oil & Gas Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where CoJax Oil & Gas's Days Payable falls into.


CJAX
9GF Score
CoJax Oil & Gas Corp CJAX
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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CoJax Oil & Gas 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.

CoJax Oil & Gas's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0.113 + 0.131) / 2 ) / 0.815*365
=0.122 / 0.815*365
=54.64

CoJax Oil & Gas's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0.131 + 0.305) / 2 ) / 0.184*365 / 4
=0.218 / 0.184*365 / 4
=108.11

* 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 108.11 mean?
CoJax Oil & Gas (CJAX) has a Days Payable of 108.11 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CoJax Oil & Gas and its competitors. This is 68% above median its historical median of 64.53. Over the past decade, CoJax Oil & Gas' Days Payable has ranged from 54.64 to 343.53.
Is CoJax Oil & Gas' Days Payable too high?
CoJax Oil & Gas' current Days Payable of 108.11 is 68% above median its 10-year median of 64.53. Over the past 10 years, this metric has ranged from a low of 54.64 to a high of 343.53. The Oil & Gas industry median Days Payable is 57.15. CoJax Oil & Gas' value of 108.11 is 89.2% above this industry median. Overall, CoJax Oil & Gas has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does CoJax Oil & Gas' Days Payable compare to VOC and PRT?
CoJax Oil & Gas' Days Payable of 108.11 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.15. CoJax Oil & Gas' value of 108.11 is 89.2% above this benchmark. Historically, CoJax Oil & Gas' own Days Payable has ranged from 54.64 to 343.53 over the past decade. While the company's 10-year median is 64.53 vs. the industry median of 57.15, CoJax Oil & Gas has consistently been above the industry average. 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. CoJax Oil & Gas's current Days Payable of 108.11 is 89.2% 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 CoJax Oil & Gas 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. CoJax Oil & Gas's current Days Payable is 108.11, which is 68% above median its own 10-year median of 64.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoJax Oil & Gas stock overvalued right now?
CoJax Oil & Gas (CJAX) has a current Days Payable of 108.11. The stock's GF Value™ is $1.74, compared to a current price of $3.55 — trading 104% above its estimated fair value. The current Days Payable is 108.11, which is 68% above median its 10-year median of 64.53 and 89.2% above the Oil & Gas industry median of 57.15. CoJax Oil & Gas' overall GF Score™ is 9/100 with 4 warning signs to review. 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 CoJax Oil & Gas (CJAX), the current Days Payable is 108.11 as of Mar. 2026. 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.

Is CoJax Oil & Gas (CJAX) Overvalued in 2026?

Based on GuruFocus' analysis, CoJax Oil & Gas stock appears to be overvalued. The current stock price of $3.55 is trading 104% above its estimated GF Value™ of $1.74.

Key valuation signals for CJAX:

  • Days Payable: 108.11 (68% above median its 10-year median of 64.53)
  • GF Value™: $1.74 vs. price of $3.55 (104% above fair value)
  • GF Score™: 9/100 with 4 warning signs
  • Industry Position: 89.2% above the Oil & Gas median

No single metric tells the full story. See the CJAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CoJax Oil & Gas Business Description

Industry EnergyOil & Gas
Address 4830 Line Avenue, Suite 152, Shreveport, LA, USA, 71106
CoJax Oil & Gas Corp is an oil and gas exploration and production company, with producing assets in Southwest Alabama. It is engaged in the acquisition and development of lower risk onshore oil and gas producing properties within the Southeastern United States. It generates maximum revenue from Crude oil.
9GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.55
Price
$1.74
GF Value