Flame Acquisition (Flame Acquisition) Days Payable : 0.00 (As of Mar. 2024)

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What is Flame Acquisition Days Payable?

Flame Acquisition's average Accounts Payable for the three months ended in Mar. 2024 was $42.47 Mil. Flame Acquisition's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

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

FLME.U' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1418.91
Current: 1418.91

During the past 4 years, Flame Acquisition's highest Days Payable was 1418.91. The lowest was 0.00. And the median was 0.00.

FLME.U's Days Payable is ranked better than
95.88% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs FLME.U: 1418.91

Flame Acquisition's Days Payable declined from Mar. 2023 (87.42) to Mar. 2024 (0.00). It may suggest that Flame Acquisition accelerated paying its suppliers.

Flame Acquisition Days Payable Historical Data

The historical data trend for Flame Acquisition'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.

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Flame Acquisition Days Payable Chart

Flame Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

Flame Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									87.42	-	-	-	-

Competitive Comparison of Flame Acquisition's Days Payable

For the Oil & Gas Drilling subindustry, Flame Acquisition'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.

Flame Acquisition's Days Payable Distribution in the Oil & Gas Industry

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

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

Flame Acquisition 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.

Flame Acquisition'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
=	( (4.626	+	6.954)	/	2 )	/	0	*	365
=	5.79					/	0	*	365
=	N/A

Flame Acquisition'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
=	( (6.954	+	77.985)	/	2 )	/	0	*	365 / 4
=	42.4695					/	0	*	365 / 4
=	N/A

Flame Acquisition Days Payable Related Terms

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Flame Acquisition (Flame Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flame Acquisition Corp (NYSE:FLME.U) » Definitions » Days Payable

Comparable Companies

GAQ LCW BCSA VCXB EVE SUAC VAQC CHEA HCMA ACRO PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Traded in Other Exchanges

FLME:USA

Address

700 Milam Street, Suite 3300, Houston, TX, USA, 77002

Website

https://www.flameacq.com

Flame Acquisition Corp is a blank check company.

Executives

Global Icav Pilgrim	10 percent owner	21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
Pilgrim Global Advisors Llc	10 percent owner	4785 CAUGHLIN PARKWAY, RENO NV 89519
Darren Maupin	10 percent owner	C/O PILGRIM GLOBAL ADVISORS LLC, 4785 CAUGHLIN PARKWAY, RENO NV 89519
James C Flores	director, 10 percent owner, officer: CEO & President	P.O. BOX 1083, HOUSTON TX 77251
Christopher Binyon Sarofim	director	200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Gregory Phillip Pipkin	director	11227 SMITHDALE ROAD, HOUSTON TX 77024
Flame Acquisition Sponsor Llc	10 percent owner	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely	officer: CFO & Secretary	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard	director	C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002

Flame Acquisition (Flame Acquisition) Headlines

From GuruFocus

Could Insider Buying Signal that Flame Acquisition Corp Is Undervalued?

By GuruFocus Research GuruFocus Editor • 12-09-2022

Flame Acquisition Corp. Announces Stockholder Approval of Extension Proposal

By Business Wire Business Wire • 03-01-2023

Flame Acquisition Corp. Announces Business Combination Transaction

By Business Wire Business Wire • 11-02-2022

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By Business Wire Business Wire • 06-01-2021

Flame Acquisition Corp. Announces Stockholder Approval of Extension Proposal

By Business Wire • 08-31-2023