CLMEF (Calima Energy) Days Payable: 0.00 (As of Jun. 2024)

What is Calima Energy Days Payable?

Calima Energy CLMEF 12 Days Payable is 0.00 as of Jun. 2024. GuruFocus rates CLMEF with a GF Score™ of 12/100.

Calima Energy's average Accounts Payable for the six months ended in Jun. 2024 was $0.26 Mil. Calima Energy's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.00 Mil.

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

CLMEF's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 57.73
* Ranked among companies with meaningful Days Payable only.

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

Calima Energy Days Payable Related Terms

Calima Energy Days Payable Historical Data

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The historical data trend for Calima 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.

Calima Energy Days Payable Chart

Calima Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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0.00

Calima Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

CLMEF vs OKMN, ROYL, NRIS: Days Payable Comparison

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

Calima Energy Days Payable vs Oil & Gas Industry

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

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

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Calima Energy Ltd CLMEF

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

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Calima 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.

Calima 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
=	( (14.129	+	0.249)	/	2 )	/	0	*	365
=	7.189					/	0	*	365
=	N/A

Calima Energy'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
=	( (0.249	+	0.263)	/	2 )	/	0	*	365 / 2
=	0.256					/	0	*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Calima Energy (CLMEF) 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 Calima Energy and its competitors.

Is Calima Energy's Days Payable too high?

Calima Energy's current Days Payable is 0.00. Overall, Calima Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Calima Energy's Days Payable compare to OKMN and ROYL?

Calima Energy's Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.73. 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 57.73, based on 853 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 Calima Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calima Energy'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 Calima Energy stock overvalued right now?

Calima Energy (CLMEF) has a current Days Payable of 0.00. The current Days Payable is 0.00. Calima Energy's overall GF Score™ is 12/100. 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 Calima Energy (CLMEF), 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.

Calima Energy Business Description

Industry Energy Oil & Gas

Comparable Companies OKMN ROYL NRIS GULTU FOMI ALTX CCWF CRCE FECOF PTCO COP HKSE:00883 EOG TSX:CNQ FANG OXY HES EQT MIC:NVTK TPL

Address Unit 103, 28 Station Street, Cottesloe, WA, AUS, 6011

Website https://www.calimaenergy.com

Calima Energy Ltd is an oil and gas company. The company and its subsidiaries invest in oil and gas exploration and production projects. The company mainly focuses on finding and developing new projects. Its projects include Brooks, and Thorsby. It also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada.

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