HRST (Harvest Oil & Gas) Days Payable: 0.44 (As of Sep. 2020)

What is Harvest Oil & Gas Days Payable?

Harvest Oil & Gas HRST -10.06% 12 Days Payable is 0.44 as of Sep. 2020. GuruFocus rates HRST with a GF Score™ of 12/100.

Harvest Oil & Gas's average Accounts Payable for the three months ended in Sep. 2020 was $0.03 Mil. Harvest Oil & Gas's Cost of Goods Sold for the three months ended in Sep. 2020 was $7.01 Mil. Hence, Harvest Oil & Gas's Days Payable for the three months ended in Sep. 2020 was 0.44.

The historical rank and industry rank for Harvest Oil & Gas's Days Payable or its related term are showing as below:

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

Harvest Oil & Gas's Days Payable declined from Sep. 2019 (0.61) to Sep. 2020 (0.44). It may suggest that Harvest Oil & Gas accelerated paying its suppliers.

Harvest Oil & Gas Days Payable Related Terms

Harvest Oil & Gas Days Payable Historical Data

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The historical data trend for Harvest Oil & Gas'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.

Harvest Oil & Gas Days Payable Chart

Harvest Oil & Gas Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Payable

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19.79

4.64

11.62

0.00

1.34

Harvest Oil & Gas Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Days Payable	Get a 7-Day Free Trial															0.61	1.78	1.73	0.64	0.44

HRST vs LLEX, VKIN, ROSE: Days Payable Comparison

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

Harvest Oil & Gas Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Harvest Oil & Gas's Days Payable falls into.

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Harvest Oil & Gas Corp HRST

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

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Harvest Oil & Gas 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.

Harvest Oil & Gas's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

	Days Payable (A: Dec. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2018 )	+	Accounts Payable (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (0.419	+	0.287)	/	2 )	/	96.1	*	365
=	0.353					/	96.1	*	365
=	1.34

Harvest Oil & Gas's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

	Days Payable (Q: Sep. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2020 )	+	Accounts Payable (Q: Sep. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2020 )	*	Days in Period
=	( (0.06	+	0.007)	/	2 )	/	7.013	*	365 / 4
=	0.0335					/	7.013	*	365 / 4
=	0.44

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.44 mean?

Harvest Oil & Gas (HRST) has a Days Payable of 0.44 as of Sep. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Harvest Oil & Gas and its competitors.

Is Harvest Oil & Gas' Days Payable too high?

Harvest Oil & Gas' current Days Payable is 0.44. The Oil & Gas industry median Days Payable is 57.95. Harvest Oil & Gas' value of 0.44 is 99.2% below this industry median. Overall, Harvest Oil & Gas has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Harvest Oil & Gas' Days Payable compare to LLEX and VKIN?

Harvest Oil & Gas' Days Payable of 0.44 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Harvest Oil & Gas' value of 0.44 is 99.2% below 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. Harvest Oil & Gas's current Days Payable of 0.44 is 99.2% below 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 Harvest Oil & Gas 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. Harvest Oil & Gas's current Days Payable is 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Harvest Oil & Gas stock overvalued right now?

Harvest Oil & Gas (HRST) has a current Days Payable of 0.44. The current Days Payable is 0.44 and 99.2% below the Oil & Gas industry median of 57.95. Harvest Oil & Gas' overall GF Score™ is 12/100. 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 Harvest Oil & Gas (HRST), the current Days Payable is 0.44 as of Sep. 2020. 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.

Harvest Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies LLEX VKIN ROSE CHKR CKX SNDE LONE RSRV SPND NRIS HKSE:00883 COP MIC:NVTK EOG TSE:8031 TSX:CNQ PXD HES ASX:WPL OXY

Address 1001 Fannin Street, Suite 300, Houston, TX, USA, 77002

Website https://www.hvstog.com

Harvest Oil & Gas Corp is engaged in the acquisition, development, and production of oil and natural gas properties.

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$3.04

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