GTMIF (Gastem) Days Payable: 0.00 (As of Sep. 2013)

What is Gastem Days Payable?

Gastem GTMIF -99.00% Days Payable is 0.00 as of Sep. 2013.

Gastem's average Accounts Payable for the three months ended in Sep. 2013 was $0.00 Mil. Gastem's Cost of Goods Sold for the three months ended in Sep. 2013 was $0.00 Mil.

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

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

Gastem's Days Payable stayed the same from Sep. 2012 (0.00) to Sep. 2013 (0.00). stayed the same

Gastem Days Payable Related Terms

Gastem Days Payable Historical Data

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The historical data trend for Gastem'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.

Gastem Days Payable Chart

Gastem Annual Data

Trend

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Days Payable

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0.00

Gastem Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

GTMIF vs : Days Payable Comparison

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

Gastem Days Payable vs Oil & Gas Industry

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

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

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Gastem 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.

Gastem's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

	Days Payable (A: Dec. 2012 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2011 )	+	Accounts Payable (A: Dec. 2012 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2012 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Gastem's Days Payable for the quarter that ended in Sep. 2013 is calculated as:

	Days Payable (Q: Sep. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2013 )	+	Accounts Payable (Q: Sep. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2013 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Gastem (GTMIF) has a Days Payable of 0.00 as of Sep. 2013. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gastem and its competitors.

Is Gastem's Days Payable too high?

Gastem's current Days Payable is 0.00.

How does Gastem's Days Payable compare to ?

Gastem's Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. 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. 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 Gastem 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. Gastem's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Gastem stock overvalued right now?

Gastem (GTMIF) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Gastem (GTMIF), the current Days Payable is 0.00 as of Sep. 2013. 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.

Gastem Business Description

Industry Energy Oil & Gas

Comparable Companies

Address 1155, rue University, Bureau 1308, Montreal, QC, CAN, H3B 3A7

Website http://www.gastem.ca

Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.