Attis Oil & Gas (LSE:AOGL) Days Payable: 0.00 (As of Jun. 2020)


What is Attis Oil & Gas Days Payable?

Attis Oil & Gas LSE:AOGL Days Payable is 0.00 as of Jun. 2020. The stock has 6 warning signs investors should review.

Attis Oil & Gas's average Accounts Payable for the six months ended in Jun. 2020 was £0.07 Mil. Attis Oil & Gas's Cost of Goods Sold for the six months ended in Jun. 2020 was £0.00 Mil.

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

During the past 9 years, Attis Oil & Gas's highest Days Payable was 1998.26. The lowest was 68.12. And the median was 494.35.

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

Attis Oil & Gas's Days Payable stayed the same from Jun. 2019 (0.00) to Jun. 2020 (0.00).

Attis Oil & Gas Days Payable Historical Data

* Premium members only.

The historical data trend for Attis 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.

Attis Oil & Gas Days Payable Chart

Attis Oil & Gas Annual Data
Trend Apr11 Apr12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only 600.94 828.36 2,124.67 362.70 0.00

Attis Oil & Gas Semi-Annual Data
Apr11 Apr12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 17,264.50 229.88 0.00 0.00 0.00

LSE:AOGL vs VKIN: Days Payable Comparison

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

Attis Oil & Gas Days Payable vs Oil & Gas Industry

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

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


Attis 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.

Attis 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
=( (0.236 + 0.101) / 2 ) / 0*365
=0.1685 / 0*365
=N/A

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

Days Payable (Q: Jun. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2019 ) + Accounts Payable (Q: Jun. 2020 )) / count ) / Cost of Goods Sold (Q: Jun. 2020 )*Days in Period
=( (0.101 + 0.032) / 2 ) / 0*365 / 2
=0.0665 / 0*365 / 2
=N/A

* 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?
Attis Oil & Gas (LSE:AOGL) has a Days Payable of 0.00 as of Jun. 2020. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Attis Oil & Gas and its competitors. Over the past decade, Attis Oil & Gas' Days Payable has ranged from 68.12 to 1,998.26.
Is Attis Oil & Gas' Days Payable too high?
Attis Oil & Gas' current Days Payable is 0.00. Over the past 10 years, this metric has ranged from a low of 68.12 to a high of 1,998.26.
How does Attis Oil & Gas' Days Payable compare to VKIN?
Attis Oil & Gas' Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Historically, Attis Oil & Gas' own Days Payable has ranged from 68.12 to 1,998.26 over the past decade. 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 851 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 Attis 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. Attis Oil & Gas'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 Attis Oil & Gas stock overvalued right now?
Attis Oil & Gas (LSE:AOGL) 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 Attis Oil & Gas (LSE:AOGL), the current Days Payable is 0.00 as of Jun. 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.

Attis Oil & Gas Business Description

Industry EnergyOil & Gas
Address Wickhams Cay II, 6th Floor, Ritter House, Tortola, Road Town, VGB, VG 1110
Attis Oil & Gas Ltd is an energy company involved in pursuing a recovery oil strategy focused on re-stimulating wells within mature producing basins.