BPZ Resources (FRA:NA4) Days Payable : 10.09 (As of Mar. 2015)

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What is BPZ Resources Days Payable?

BPZ Resources's average Accounts Payable for the three months ended in Mar. 2015 was €0.81 Mil. BPZ Resources's Cost of Goods Sold for the three months ended in Mar. 2015 was €7.28 Mil. Hence, BPZ Resources's Days Payable for the three months ended in Mar. 2015 was 10.09.

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

FRA:NA4' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 5.67
Current: 5.67

During the past 13 years, BPZ Resources's highest Days Payable was 5.67. The lowest was 0.00. And the median was 0.00.

FRA:NA4's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 60.98 vs FRA:NA4: 5.67

BPZ Resources's Days Payable declined from Mar. 2014 (83.40) to Mar. 2015 (10.09). It may suggest that BPZ Resources accelerated paying its suppliers.

BPZ Resources Days Payable Historical Data

The historical data trend for BPZ 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.

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BPZ Resources Days Payable Chart

BPZ Resources Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Payable

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188.04

162.86

144.19

191.12

27.13

BPZ Resources Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Days Payable	Get a 7-Day Free Trial															83.40	60.35	44.70	49.49	10.09

Competitive Comparison of BPZ Resources's Days Payable

For the Oil & Gas E&P subindustry, BPZ 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.

BPZ Resources's Days Payable Distribution in the Oil & Gas Industry

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

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

BPZ 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.

BPZ Resources's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

	Days Payable (A: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2013 )	+	Accounts Payable (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (2.283	+	1.162)	/	2 )	/	23.171	*	365
=	1.7225					/	23.171	*	365
=	27.13

BPZ Resources's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

	Days Payable (Q: Mar. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2014 )	+	Accounts Payable (Q: Mar. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
=	( (1.162	+	0.448)	/	2 )	/	7.283	*	365 / 4
=	0.805					/	7.283	*	365 / 4
=	10.09

BPZ Resources Days Payable Related Terms

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BPZ Resources (FRA:NA4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » BPZ Resources Inc (FRA:NA4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bpzenergy.com

BPZ Resources Inc is a Texas corporation, incorporated in 1993. The Company is an independent oil and gas company engaged in the exploration, development and production of oil and natural gas in Peru and Ecuador. The Company is in the process of developing its Peruvian oil and gas reserves. It has completed the installation of the new CX-15 platform in the Corvina field to continue the development of the field and continued its drilling campaign there with completion of the CX-15-1D well. The customer of the Company is Peruvian national oil company, Petroleos del Peru - PETROPERU S.A.

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