Caza Oil & Gas (FRA:COJ) Days Payable: 411.88 (As of Dec. 2015)


What is Caza Oil & Gas Days Payable?

Caza Oil & Gas FRA:COJ Days Payable is 411.88 as of Dec. 2015. The stock has 3 warning signs investors should review.

Caza Oil & Gas's average Accounts Payable for the three months ended in Dec. 2015 was €4.92 Mil. Caza Oil & Gas's Cost of Goods Sold for the three months ended in Dec. 2015 was €1.09 Mil. Hence, Caza Oil & Gas's Days Payable for the three months ended in Dec. 2015 was 411.88.

The historical rank and industry rank for Caza Oil & Gas's Days Payable or its related term are showing as below:

FRA:COJ's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.73
* Ranked among companies with meaningful Days Payable only.

Caza Oil & Gas's Days Payable declined from Dec. 2014 (898.49) to Dec. 2015 (411.88). It may suggest that Caza Oil & Gas accelerated paying its suppliers.

Caza Oil & Gas Days Payable Historical Data

* Premium members only.

The historical data trend for Caza Oil & Gas'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.

Caza Oil & Gas Days Payable Chart

Caza Oil & Gas Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 1,395.06 1,411.16 1,271.99 1,048.51

Caza Oil & Gas Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 898.49 1,379.80 1,589.12 0.00 411.88

FRA:COJ vs EXCE, UPLC, PVL: Days Payable Comparison

For the Oil & Gas E&P subindustry, Caza Oil & Gas'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.

Caza Oil & Gas Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Caza Oil & Gas's Days Payable falls into.


Caza Oil & Gas 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.

Caza Oil & Gas's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (17.32 + 4.92) / 2 ) / 3.871*365
=11.12 / 3.871*365
=1,048.51

Caza Oil & Gas's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable (Q: Dec. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2015 ) + Accounts Payable (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (0 + 4.92) / 1 ) / 1.09*365 / 4
=4.92 / 1.09*365 / 4
=411.88

* 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 411.88 mean?
Caza Oil & Gas (FRA:COJ) has a Days Payable of 411.88 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Caza Oil & Gas and its competitors.
Is Caza Oil & Gas' Days Payable too high?
Caza Oil & Gas' current Days Payable is 411.88. The Oil & Gas industry median Days Payable is 57.73. Caza Oil & Gas' value of 411.88 is 613.5% above this industry median.
How does Caza Oil & Gas' Days Payable compare to EXCE and UPLC?
Caza Oil & Gas' Days Payable of 411.88 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.73. Caza Oil & Gas' value of 411.88 is 613.5% 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 57.73, based on 853 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. Caza Oil & Gas's current Days Payable of 411.88 is 613.5% 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 Caza Oil & Gas and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caza Oil & Gas's current Days Payable is 411.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caza Oil & Gas stock overvalued right now?
Caza Oil & Gas (FRA:COJ) has a current Days Payable of 411.88. The current Days Payable is 411.88 and 613.5% above the Oil & Gas industry median of 57.73. 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 Caza Oil & Gas (FRA:COJ), the current Days Payable is 411.88 as of Dec. 2015. 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.

Caza Oil & Gas Business Description

Industry EnergyOil & Gas
Caza Oil & Gas Inc is engaged in the exploration for and the development, production, and acquisition of, petroleum and natural gas reserves. The company primarily focuses on the Permian Basin of Southeast New Mexico and West Texas. Its exploration properties include Gramma Ridge, Gateway, Marathon Road, East Marathon Road, Lennox, Forehand Ranch, Forehand Ranch South, Jazzmaster, and others.