KDKN (Kodiak Energy) Days Payable: 1,007.50 (As of Sep. 2011)


What is Kodiak Energy Days Payable?

Kodiak Energy KDKN -90.00% Days Payable is 1,007.50 as of Sep. 2011.

Kodiak Energy's average Accounts Payable for the three months ended in Sep. 2011 was $4.43 Mil. Kodiak Energy's Cost of Goods Sold for the three months ended in Sep. 2011 was $0.40 Mil. Hence, Kodiak Energy's Days Payable for the three months ended in Sep. 2011 was 1,007.50.

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

KDKN's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.73
* Ranked among companies with meaningful Days Payable only.

Kodiak Energy's Days Payable increased from Sep. 2010 (721.24) to Sep. 2011 (1,007.50). It may suggest that Kodiak Energy delayed paying its suppliers.

Kodiak Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Kodiak 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.

Kodiak Energy Days Payable Chart

Kodiak Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 46,209.00 1,419.83 506.59

Kodiak Energy Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 721.24 554.43 498.28 755.04 1,007.50

KDKN vs CPPXF, PVAHQ: Days Payable Comparison

For the Oil & Gas E&P subindustry, Kodiak 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.

Kodiak Energy Days Payable vs Oil & Gas Industry

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

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


Kodiak 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.

Kodiak Energy's Days Payable for the fiscal year that ended in Dec. 2010 is calculated as

Days Payable (A: Dec. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2009 ) + Accounts Payable (A: Dec. 2010 )) / count ) / Cost of Goods Sold (A: Dec. 2010 )*Days in Period
=( (2.267 + 2.055) / 2 ) / 1.557*365
=2.161 / 1.557*365
=506.59

Kodiak Energy's Days Payable for the quarter that ended in Sep. 2011 is calculated as:

Days Payable (Q: Sep. 2011 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2011 ) + Accounts Payable (Q: Sep. 2011 )) / count ) / Cost of Goods Sold (Q: Sep. 2011 )*Days in Period
=( (4.434 + 4.421) / 2 ) / 0.401*365 / 4
=4.4275 / 0.401*365 / 4
=1,007.50

* 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 1,007.50 mean?
Kodiak Energy (KDKN) has a Days Payable of 1,007.50 as of Sep. 2011. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Kodiak Energy and its competitors.
Is Kodiak Energy's Days Payable too high?
Kodiak Energy's current Days Payable is 1,007.50. The Oil & Gas industry median Days Payable is 57.73. Kodiak Energy's value of 1,007.50 is 1645.2% above this industry median.
How does Kodiak Energy's Days Payable compare to CPPXF and PVAHQ?
Kodiak Energy's Days Payable of 1,007.50 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.73. Kodiak Energy's value of 1,007.50 is 1645.2% 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 57.73, based on 853 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. Kodiak Energy's current Days Payable of 1,007.50 is 1645.2% 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 Kodiak Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodiak Energy's current Days Payable is 1,007.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kodiak Energy stock overvalued right now?
Kodiak Energy (KDKN) has a current Days Payable of 1,007.50. The current Days Payable is 1,007.50 and 1645.2% above the Oil & Gas industry median of 57.73. 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 Kodiak Energy (KDKN), the current Days Payable is 1,007.50 as of Sep. 2011. 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.

Kodiak Energy Business Description

Industry EnergyOil & Gas
Address 833 4th Avenue SouthWest, Suite 1120, Calgary, AB, CAN, T2P 3T5
Kodiak Energy Inc is an exploration stage oil and gas company that devotes its efforts in exploring for natural resources and in acquiring properties that are prospective for petroleum and natural gas and related hydrocarbons.