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Commerce Energy Group (Commerce Energy Group) Days Payable : 0.00 (As of Apr. 2009)


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What is Commerce Energy Group Days Payable?

Commerce Energy Group's average Accounts Payable for the three months ended in Apr. 2009 was $0.0 Mil. Commerce Energy Group's Cost of Goods Sold for the three months ended in Apr. 2009 was $0.0 Mil.

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

CMNR's Days Payable is not ranked *
in the Utilities - Regulated industry.
Industry Median: 66.43
* Ranked among companies with meaningful Days Payable only.

Commerce Energy Group's Days Payable declined from Apr. 2008 (33.48) to Apr. 2009 (0.00). It may suggest that Commerce Energy Group accelerated paying its suppliers.


Commerce Energy Group Days Payable Historical Data

The historical data trend for Commerce Energy Group'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.

* Premium members only.

Commerce Energy Group Days Payable Chart

Commerce Energy Group Annual Data
Trend Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08
Days Payable
Get a 7-Day Free Trial Premium Member Only 52.99 45.45 43.89 31.20 -

Commerce Energy Group Quarterly Data
Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09
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 33.48 22.49 - - -

Competitive Comparison of Commerce Energy Group's Days Payable

For the Utilities - Diversified subindustry, Commerce Energy Group'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.


Commerce Energy Group's Days Payable Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Commerce Energy Group's Days Payable distribution charts can be found below:

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



Commerce Energy Group 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.

Commerce Energy Group's Days Payable for the fiscal year that ended in Jul. 2008 is calculated as

Days Payable (A: Jul. 2008 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jul. 2007 ) + Accounts Payable (A: Jul. 2008 )) / count ) / Cost of Goods Sold (A: Jul. 2008 )*Days in Period
=( (0 + 0) / 1 ) / 403.105*365
=0 / 403.105*365
=0.00

Commerce Energy Group's Days Payable for the quarter that ended in Apr. 2009 is calculated as:

Days Payable (Q: Apr. 2009 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jan. 2009 ) + Accounts Payable (Q: Apr. 2009 )) / count ) / Cost of Goods Sold (Q: Apr. 2009 )*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.


Commerce Energy Group Days Payable Related Terms

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Commerce Energy Group (Commerce Energy Group) Business Description

Traded in Other Exchanges
N/A
Address
600 Anton Boulevard, Suite 2000, Costa Mesa, CA, USA, 92626
Commerce Energy Group Inc provides electricity and natural gas supply to residential and commercial customers across North America.
Executives
C Douglas Mitchell officer: Chief Financial Officer 600 WILSHIRE BOULEVARD, SUITE 1500, LOS ANGELES CA 90017
Spectrum Galaxy Fund Ltd. 10 percent owner 50 CALIFORNIA STREET, SUITE 1500, SAN FRANCISCO CA 94111
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Capital Partners I, L.p. 10 percent owner C/O ZEFF HOLDING COMPANY, LLC, 50 CALIFORNIA STREET, SAN FRANCISCO CA 94111
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020

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