ESGI (enSurge) Days Payable: 0.00 (As of Sep. 2017)


What is enSurge Days Payable?

enSurge ESGI Days Payable is 0.00 as of Sep. 2017.

enSurge's average Accounts Payable for the three months ended in Sep. 2017 was $0.72 Mil. enSurge's Cost of Goods Sold for the three months ended in Sep. 2017 was $0.00 Mil.

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

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

enSurge's Days Payable declined from Mar. 2016 (150.77) to Sep. 2017 (0.00). It may suggest that enSurge accelerated paying its suppliers.

enSurge Days Payable Historical Data

* Premium members only.

The historical data trend for enSurge'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.

enSurge Days Payable Chart

enSurge Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 413.87 82.07

enSurge Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Sep15 Dec15 Mar16 Sep16 Dec16 Mar17 Sep17
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 150.77 0.00 116.58 77.33 0.00

ESGI vs RYES, MXSG: Days Payable Comparison

For the Other Precious Metals & Mining subindustry, enSurge'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.

enSurge Days Payable vs Metals & Mining Industry

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

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


enSurge 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.

enSurge's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0.365 + 0.48) / 2 ) / 1.879*365
=0.4225 / 1.879*365
=82.07

enSurge's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

Days Payable (Q: Sep. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2017 ) + Accounts Payable (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (0.542 + 0.888) / 2 ) / 0*365 / 4
=0.715 / 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?
enSurge (ESGI) has a Days Payable of 0.00 as of Sep. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on enSurge and its competitors.
Is enSurge's Days Payable too high?
enSurge's current Days Payable is 0.00.
How does enSurge's Days Payable compare to RYES and MXSG?
enSurge's 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 enSurge 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. enSurge'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 enSurge stock overvalued right now?
enSurge (ESGI) 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 enSurge (ESGI), the current Days Payable is 0.00 as of Sep. 2017. 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.

enSurge Business Description

Address 1024 Iron Point Road, Folsom, CA, USA, 95630
enSurge Inc is a United States-based mining company. The company is engaged in the business of exploring, prospecting, developing, and conducting mining opportunities in the precious metals and diamond industry in Guyana, South America. It has the right to develop land near Higgins Landing on the Mazaruni river and large blocks of land on the Kaburi river region. The activities of the group include both river dredging and land dredging operations.