GASE (GASE Energy) Days Payable: 220.52 (As of Sep. 2014)


What is GASE Energy Days Payable?

GASE Energy GASE -99.00% Days Payable is 220.52 as of Sep. 2014.

GASE Energy's average Accounts Payable for the three months ended in Sep. 2014 was $0.10 Mil. GASE Energy's Cost of Goods Sold for the three months ended in Sep. 2014 was $0.04 Mil. Hence, GASE Energy's Days Payable for the three months ended in Sep. 2014 was 220.52.

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

GASE's Days Payable is not ranked *
in the Diversified Financial Services industry.
Industry Median: 71.76
* Ranked among companies with meaningful Days Payable only.

GASE Energy's Days Payable increased from Sep. 2013 (29.33) to Sep. 2014 (220.52). It may suggest that GASE Energy delayed paying its suppliers.

GASE Energy Days Payable Historical Data

* Premium members only.

The historical data trend for GASE Energy'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.

GASE Energy Days Payable Chart

GASE Energy Annual Data
Trend Dec11 Dec12 Dec13
Days Payable
0.00 35.49 91.25

GASE Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.33 82.40 166.08 218.35 220.52

GASE vs CWNOF, FPTA, GHHC: Days Payable Comparison

For the Shell Companies subindustry, GASE Energy'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.

GASE Energy Days Payable vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, GASE Energy's Days Payable distribution charts can be found below:

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


GASE Energy 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.

GASE Energy's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable (A: Dec. 2013 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2012 ) + Accounts Payable (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (0.037 + 0.088) / 2 ) / 0.25*365
=0.0625 / 0.25*365
=91.25

GASE Energy's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable (Q: Sep. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2014 ) + Accounts Payable (Q: Sep. 2014 )) / count ) / Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=( (0.107 + 0.096) / 2 ) / 0.042*365 / 4
=0.1015 / 0.042*365 / 4
=220.52

* 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 220.52 mean?
GASE Energy (GASE) has a Days Payable of 220.52 as of Sep. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on GASE Energy and its competitors.
Is GASE Energy's Days Payable too high?
GASE Energy's current Days Payable is 220.52. The Diversified Financial Services industry median Days Payable is 71.76. GASE Energy's value of 220.52 is 207.3% above this industry median.
How does GASE Energy's Days Payable compare to CWNOF and FPTA?
GASE Energy's Days Payable of 220.52 can be compared against companies in the Diversified Financial Services industry. The industry median Days Payable is 71.76. GASE Energy's value of 220.52 is 207.3% 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 a Diversified Financial Services company?
The median Days Payable among Diversified Financial Services companies is 71.76, based on 82 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. GASE Energy's current Days Payable of 220.52 is 207.3% 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 GASE Energy and its competitors. For the Diversified Financial Services industry, the median Days Payable is 71.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GASE Energy's current Days Payable is 220.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GASE Energy stock overvalued right now?
GASE Energy (GASE) has a current Days Payable of 220.52. The current Days Payable is 220.52 and 207.3% above the Diversified Financial Services industry median of 71.76. 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 GASE Energy (GASE), the current Days Payable is 220.52 as of Sep. 2014. 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.

GASE Energy Business Description