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


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What is Circle Energy Days Payable?

Circle Energy's average Accounts Payable for the three months ended in Mar. 2024 was $0.01 Mil. Circle 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 Circle Energy's Days Payable or its related term are showing as below:

CRCE's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 60.89
* Ranked among companies with meaningful Days Payable only.

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


Circle Energy Days Payable Historical Data

The historical data trend for Circle 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.

* Premium members only.

Circle Energy Days Payable Chart

Circle Energy Annual Data
Trend Dec21 Dec22 Dec23
Days Payable
- - -

Circle Energy Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Circle Energy's Days Payable

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


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

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

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



Circle 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.

Circle 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
=( (0.004 + 0.008) / 2 ) / 0*365
=0.006 / 0*365
=N/A

Circle 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
=( (0.008 + 0.018) / 2 ) / 0*365 / 4
=0.013 / 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.


Circle Energy Days Payable Related Terms

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Circle Energy (Circle Energy) Business Description

Traded in Other Exchanges
N/A
Address
8211 E Regal Place, Tulsa, OK, USA, 74133
Website
Circle Energy Inc is engaged primarily in the acquisition, exploration and development of oil and natural gas properties. The Company owns interests in oil and natural gas properties located in Texas.

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