CRRDF (Cheetah Canyon Resources) Days Payable: 0.00 (As of Sep. 2018)


What is Cheetah Canyon Resources Days Payable?

Cheetah Canyon Resources CRRDF -99.00% Days Payable is 0.00 as of Sep. 2018.

Cheetah Canyon Resources's average Accounts Payable for the three months ended in Sep. 2018 was $1.31 Mil. Cheetah Canyon Resources's Cost of Goods Sold for the three months ended in Sep. 2018 was $0.00 Mil.

The historical rank and industry rank for Cheetah Canyon Resources's Days Payable or its related term are showing as below:

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

Cheetah Canyon Resources's Days Payable declined from Sep. 2017 (56,711.88) to Sep. 2018 (0.00). It may suggest that Cheetah Canyon Resources accelerated paying its suppliers.

Cheetah Canyon Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Cheetah Canyon Resources'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.

Cheetah Canyon Resources Days Payable Chart

Cheetah Canyon Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial 238.65 558.91 20,513.00 28,311.83 66,247.50

Cheetah Canyon Resources Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 56,711.88 57,350.63 0.00 0.00 0.00

CRRDF vs FPPP, STSC, IFNY: Days Payable Comparison

For the Oil & Gas E&P subindustry, Cheetah Canyon Resources'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.

Cheetah Canyon Resources Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Cheetah Canyon Resources's Days Payable falls into.


Cheetah Canyon Resources 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.

Cheetah Canyon Resources's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

Days Payable (A: Dec. 2017 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2016 ) + Accounts Payable (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (1.29 + 1.251) / 2 ) / 0.007*365
=1.2705 / 0.007*365
=66,247.50

Cheetah Canyon Resources's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

Days Payable (Q: Sep. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2018 ) + Accounts Payable (Q: Sep. 2018 )) / count ) / Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=( (1.274 + 1.338) / 2 ) / 0*365 / 4
=1.306 / 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 0.00 mean?
Cheetah Canyon Resources (CRRDF) has a Days Payable of 0.00 as of Sep. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cheetah Canyon Resources and its competitors.
Is Cheetah Canyon Resources' Days Payable too high?
Cheetah Canyon Resources' current Days Payable is 0.00.
How does Cheetah Canyon Resources' Days Payable compare to FPPP and STSC?
Cheetah Canyon Resources' 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 854 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 Cheetah Canyon Resources 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. Cheetah Canyon Resources'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 Cheetah Canyon Resources stock overvalued right now?
Cheetah Canyon Resources (CRRDF) 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 Cheetah Canyon Resources (CRRDF), the current Days Payable is 0.00 as of Sep. 2018. 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.

Cheetah Canyon Resources Business Description

Industry EnergyOil & Gas
Address 333 Terminal Avenue, Suite 213, Vancouver, BC, CAN, V6A 4C1
Cheetah Canyon Resources Corp engages in acquisition, exploration, development, and production of oil and gas reserves in the United States. The two geographical segments of the Company are Canada and the United States. Its projects include Garvin County Project, and Lincoln County Project.