GPTC (Golden Patriot) Days Payable: 665.11 (As of Jan. 2008)

What is Golden Patriot Days Payable?

Golden Patriot GPTC -99.83% Days Payable is 665.11 as of Jan. 2008.

Golden Patriot's average Accounts Payable for the three months ended in Jan. 2008 was $0.33 Mil. Golden Patriot's Cost of Goods Sold for the three months ended in Jan. 2008 was $0.05 Mil. Hence, Golden Patriot's Days Payable for the three months ended in Jan. 2008 was 665.11.

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

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

Golden Patriot's Days Payable increased from Jan. 2007 (152.08) to Jan. 2008 (665.11). It may suggest that Golden Patriot delayed paying its suppliers.

Golden Patriot Days Payable Related Terms

Golden Patriot Days Payable Historical Data

* Premium members only.

The historical data trend for Golden Patriot'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.

Golden Patriot Days Payable Chart

Golden Patriot Annual Data

Trend

Apr02

Apr03

Apr04

Apr05

Apr06

Apr07

Days Payable

Get a 7-Day Free Trial

0.00

76.44

773.22

233.95

0.00

Golden Patriot Quarterly Data
	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05	Jul05	Oct05	Jan06	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08
Days Payable	Get a 7-Day Free Trial															152.08	0.00	0.00	0.00	665.11

GPTC vs GLRI, HELIQ, TIRTZ: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, Golden Patriot'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.

Golden Patriot Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Golden Patriot's Days Payable falls into.

Save Embed

Golden Patriot 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.

Golden Patriot's Days Payable for the fiscal year that ended in Apr. 2007 is calculated as

	Days Payable (A: Apr. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Apr. 2006 )	+	Accounts Payable (A: Apr. 2007 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2007 )	*	Days in Period
=	( (0.113	+	0.117)	/	2 )	/	0	*	365
=	0.115					/	0	*	365
=	N/A

Golden Patriot's Days Payable for the quarter that ended in Jan. 2008 is calculated as:

	Days Payable (Q: Jan. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2007 )	+	Accounts Payable (Q: Jan. 2008 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2008 )	*	Days in Period
=	( (0.406	+	0.25)	/	2 )	/	0.045	*	365 / 4
=	0.328					/	0.045	*	365 / 4
=	665.11

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 665.11 mean?

Golden Patriot (GPTC) has a Days Payable of 665.11 as of Jan. 2008. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Golden Patriot and its competitors.

Is Golden Patriot's Days Payable too high?

Golden Patriot's current Days Payable is 665.11. The Oil & Gas industry median Days Payable is 57.95. Golden Patriot's value of 665.11 is 1047.7% above this industry median.

How does Golden Patriot's Days Payable compare to GLRI and HELIQ?

Golden Patriot's Days Payable of 665.11 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Golden Patriot's value of 665.11 is 1047.7% 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. Golden Patriot's current Days Payable of 665.11 is 1047.7% 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 Golden Patriot 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. Golden Patriot's current Days Payable is 665.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Golden Patriot stock overvalued right now?

Golden Patriot (GPTC) has a current Days Payable of 665.11. The current Days Payable is 665.11 and 1047.7% above the Oil & Gas industry median of 57.95. 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 Golden Patriot (GPTC), the current Days Payable is 665.11 as of Jan. 2008. 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.

Golden Patriot Business Description

Industry Energy Oil & Gas

Comparable Companies GLRI HELIQ TIRTZ GLFH TBRIF FOSI FSNR PROP GLFMQ MARPS LUPAQ WFTSF SVVDF RCON PHNHF DPDW SDPI ILISF BOARF SAEX

Address 8 Bond Street, Suite 124, Great Neck, NY, USA, 11021

Website http://www.goldenpatriotcorp.com

Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.