DBGF (Panex Resources) Days Payable: 0.00 (As of Aug. 2016)


What is Panex Resources Days Payable?

Panex Resources DBGF Days Payable is 0.00 as of Aug. 2016.

Panex Resources's average Accounts Payable for the three months ended in Aug. 2016 was $0.12 Mil. Panex Resources's Cost of Goods Sold for the three months ended in Aug. 2016 was $0.00 Mil.

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

DBGF's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.62
* Ranked among companies with meaningful Days Payable only.

Panex Resources's Days Payable stayed the same from Aug. 2015 (0.00) to Aug. 2016 (0.00). stayed the same

Panex Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Panex 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.

Panex Resources Days Payable Chart

Panex Resources Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Panex Resources Quarterly Data
Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16
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 0.00 0.00 0.00 0.00 0.00

Panex Resources Days Payable Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Panex 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.

Panex Resources Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Panex Resources's Days Payable distribution charts can be found below:

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


Panex 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.

Panex Resources's Days Payable for the fiscal year that ended in Aug. 2016 is calculated as

Days Payable (A: Aug. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2015 ) + Accounts Payable (A: Aug. 2016 )) / count ) / Cost of Goods Sold (A: Aug. 2016 )*Days in Period
=( (0.045 + 0.202) / 2 ) / 0*365
=0.1235 / 0*365
=N/A

Panex Resources's Days Payable for the quarter that ended in Aug. 2016 is calculated as:

Days Payable (Q: Aug. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: May. 2016 ) + Accounts Payable (Q: Aug. 2016 )) / count ) / Cost of Goods Sold (Q: Aug. 2016 )*Days in Period
=( (0.029 + 0.202) / 2 ) / 0*365 / 4
=0.1155 / 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?
Panex Resources (DBGF) has a Days Payable of 0.00 as of Aug. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Panex Resources and its competitors.
Is Panex Resources' Days Payable too high?
Panex Resources' current Days Payable is 0.00.
How does Panex Resources' Days Payable compare to competitors?
Panex Resources' Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.62. 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.62, based on 1,064 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 Panex Resources and its competitors. For the Metals & Mining industry, the median Days Payable is 127.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panex 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 Panex Resources stock overvalued right now?
Panex Resources (DBGF) 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 Panex Resources (DBGF), the current Days Payable is 0.00 as of Aug. 2016. 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.

Panex Resources Business Description

Address 504A Casabianca, 17 Bd du Larvotto, Monte Carlo, MCO, 98000
Panex Resources Inc is a mineral exploration company in Africa. It is engaged in the acquisition and exploration of mineral properties. The company is an exploration stage company. Its exploration program will be designed to explore for commercially viable deposits of base and precious minerals such as gold, silver, lead, barium, mercury, copper and zinc minerals.