FPPP (FieldPoint Petroleum) Days Payable: 392.54 (As of Mar. 2019)


FPPP FieldPoint Petroleum Corp FPPP
16 GF Score
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What is FieldPoint Petroleum Days Payable?

FieldPoint Petroleum FPPP 16 Days Payable is 392.54 as of Mar. 2019. GuruFocus rates FPPP with a GF Score™ of 16/100.

FieldPoint Petroleum's average Accounts Payable for the three months ended in Mar. 2019 was $1.66 Mil. FieldPoint Petroleum's Cost of Goods Sold for the three months ended in Mar. 2019 was $0.39 Mil. Hence, FieldPoint Petroleum's Days Payable for the three months ended in Mar. 2019 was 392.54.

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

FPPP's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

FieldPoint Petroleum's Days Payable increased from Mar. 2018 (362.66) to Mar. 2019 (392.54). It may suggest that FieldPoint Petroleum delayed paying its suppliers.

FieldPoint Petroleum Days Payable Historical Data

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The historical data trend for FieldPoint Petroleum'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.

FieldPoint Petroleum Days Payable Chart

FieldPoint Petroleum Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.83 74.25 149.11 185.41 318.26

FieldPoint Petroleum Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 362.66 270.75 768.34 83.27 392.54

FPPP vs PRHRQ, GBEYF, IFNY: Days Payable Comparison

For the Oil & Gas E&P subindustry, FieldPoint Petroleum'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.

FieldPoint Petroleum Days Payable vs Oil & Gas Industry

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

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


FPPP
16GF Score
FieldPoint Petroleum Corp FPPP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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FieldPoint Petroleum 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.

FieldPoint Petroleum's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (1.325 + 1.61) / 2 ) / 1.683*365
=1.4675 / 1.683*365
=318.26

FieldPoint Petroleum's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

Days Payable (Q: Mar. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Mar. 2019 )) / count ) / Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=( (1.61 + 1.711) / 2 ) / 0.386*365 / 4
=1.6605 / 0.386*365 / 4
=392.54

* 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 392.54 mean?
FieldPoint Petroleum (FPPP) has a Days Payable of 392.54 as of Mar. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on FieldPoint Petroleum and its competitors.
Is FieldPoint Petroleum's Days Payable too high?
FieldPoint Petroleum's current Days Payable is 392.54. The Oil & Gas industry median Days Payable is 57.95. FieldPoint Petroleum's value of 392.54 is 577.4% above this industry median. Overall, FieldPoint Petroleum has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does FieldPoint Petroleum's Days Payable compare to PRHRQ and GBEYF?
FieldPoint Petroleum's Days Payable of 392.54 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. FieldPoint Petroleum's value of 392.54 is 577.4% above this benchmark. 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 57.95, based on 849 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. FieldPoint Petroleum's current Days Payable of 392.54 is 577.4% above the industry median. 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 FieldPoint Petroleum and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FieldPoint Petroleum's current Days Payable is 392.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FieldPoint Petroleum stock overvalued right now?
FieldPoint Petroleum (FPPP) has a current Days Payable of 392.54. The current Days Payable is 392.54 and 577.4% above the Oil & Gas industry median of 57.95. FieldPoint Petroleum's overall GF Score™ is 16/100. 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 FieldPoint Petroleum (FPPP), the current Days Payable is 392.54 as of Mar. 2019. 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.

FieldPoint Petroleum Business Description

Industry EnergyOil & Gas
Address 609 Castle Ridge Road, Suite 335, Austin, TX, USA, 78746
FieldPoint Petroleum Corp is a US based company operates in oil and natural gas business. The business activity of the group includes acquisition, development, and operation of oil and natural gas properties. It holds an interest in properties such as Spraberry Trend, and Serbin Field, Texas; Flying M Field, Sulimar Field, North Bilbrey Field, Lusk Field, and Loving North Morrow Field, New Mexico and others. Geographically activities are conducted generally through the region of United States.
16GF Score

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Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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