ATH Resources (LSE:5154) Days Payable: 0.00 (As of Mar. 2012)


What is ATH Resources Days Payable?

ATH Resources LSE:5154 Days Payable is 0.00 as of Mar. 2012.

ATH Resources's average Accounts Payable for the six months ended in Mar. 2012 was £0.00 Mil. ATH Resources's Cost of Goods Sold for the six months ended in Mar. 2012 was £42.99 Mil. Hence, ATH Resources's Days Payable for the six months ended in Mar. 2012 was 0.00.

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

LSE:5154's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.73
* Ranked among companies with meaningful Days Payable only.

ATH Resources's Days Payable stayed the same from Mar. 2011 (0.00) to Mar. 2012 (0.00).

ATH Resources Days Payable Historical Data

* Premium members only.

The historical data trend for ATH Resources'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.

ATH Resources Days Payable Chart

ATH Resources Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
Days Payable
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

ATH Resources Semi-Annual Data
Mar04 Sep04 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12
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 0.00 0.00 0.00 0.00 0.00

ATH Resources Days Payable Competitor Comparison

For the Oil & Gas Drilling subindustry, ATH Resources'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.

ATH Resources Days Payable vs Oil & Gas Industry

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

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


ATH Resources 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.

ATH Resources's Days Payable for the fiscal year that ended in Sep. 2010 is calculated as

Days Payable (A: Sep. 2010 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2009 ) + Accounts Payable (A: Sep. 2010 )) / count ) / Cost of Goods Sold (A: Sep. 2010 )*Days in Period
=( (0 + 0) / 1 ) / 62.52*365
=0 / 62.52*365
=0.00

ATH Resources's Days Payable for the quarter that ended in Mar. 2012 is calculated as:

Days Payable (Q: Mar. 2012 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2011 ) + Accounts Payable (Q: Mar. 2012 )) / count ) / Cost of Goods Sold (Q: Mar. 2012 )*Days in Period
=( (0 + 0) / 1 ) / 42.986*365 / 2
=0 / 42.986*365 / 2
=0.00

* 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 0.00 mean?
ATH Resources (LSE:5154) has a Days Payable of 0.00 as of Mar. 2012. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on ATH Resources and its competitors.
Is ATH Resources' Days Payable too high?
ATH Resources' current Days Payable is 0.00.
How does ATH Resources' Days Payable compare to competitors?
ATH Resources' Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.73. 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. 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 ATH Resources 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. ATH Resources'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 ATH Resources stock overvalued right now?
ATH Resources (LSE:5154) 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 ATH Resources (LSE:5154), the current Days Payable is 0.00 as of Mar. 2012. 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.