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

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What is Golden Patriot Days Payable?

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: 61.27
* 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 Historical Data

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.

* Premium members only.

Golden Patriot Days Payable Chart

Golden Patriot Annual Data

Trend

Apr02

Apr03

Apr04

Apr05

Apr06

Apr07

Days Payable

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76.44

773.22

233.95

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	-	-	-	665.11

Competitive Comparison of Golden Patriot's Days Payable

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's Days Payable Distribution in the 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.

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

Golden Patriot Days Payable Related Terms

Thank you for viewing the detailed overview of Golden Patriot's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Patriot (Golden Patriot) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Golden Patriot Corp (OTCPK:GPTC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

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.

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