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Caza Oil & Gas (LSE:CAZD) Days Payable : 411.43 (As of Dec. 2015)


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What is Caza Oil & Gas Days Payable?

Caza Oil & Gas's average Accounts Payable for the three months ended in Dec. 2015 was £3.58 Mil. Caza Oil & Gas's Cost of Goods Sold for the three months ended in Dec. 2015 was £0.79 Mil. Hence, Caza Oil & Gas's Days Payable for the three months ended in Dec. 2015 was 411.43.

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

LSE:CAZD's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 61.41
* Ranked among companies with meaningful Days Payable only.

Caza Oil & Gas's Days Payable declined from Dec. 2014 (898.41) to Dec. 2015 (411.43). It may suggest that Caza Oil & Gas accelerated paying its suppliers.


Caza Oil & Gas Days Payable Historical Data

The historical data trend for Caza 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.

* Premium members only.

Caza Oil & Gas Days Payable Chart

Caza Oil & Gas Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,415.54 1,371.83 1,272.23 1,115.99

Caza Oil & Gas Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 898.41 1,444.39 1,596.72 - 411.43

Competitive Comparison of Caza Oil & Gas's Days Payable

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


Caza Oil & Gas's Days Payable Distribution in the Oil & Gas Industry

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

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



Caza 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.

Caza Oil & Gas's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (13.646 + 3.58) / 2 ) / 2.817*365
=8.613 / 2.817*365
=1,115.99

Caza Oil & Gas's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable (Q: Dec. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2015 ) + Accounts Payable (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (0 + 3.58) / 1 ) / 0.794*365 / 4
=3.58 / 0.794*365 / 4
=411.43

* 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.


Caza Oil & Gas Days Payable Related Terms

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Caza Oil & Gas (LSE:CAZD) Business Description

Traded in Other Exchanges
N/A
Address
Caza Oil & Gas Inc is engaged in the exploration for and the development, production, and acquisition of, petroleum and natural gas reserves. The company primarily focuses on the Permian Basin of Southeast New Mexico and West Texas. Its exploration properties include Gramma Ridge, Gateway, Marathon Road, East Marathon Road, Lennox, Forehand Ranch, Forehand Ranch South, Jazzmaster, and others.

Caza Oil & Gas (LSE:CAZD) Headlines

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