Edge Resources (LSE:EDG) Days Payable: 105.66 (As of Dec. 2015)

What is Edge Resources Days Payable?

Edge Resources LSE:EDG Days Payable is 105.66 as of Dec. 2015. The stock has 5 warning signs investors should review.

Edge Resources's average Accounts Payable for the three months ended in Dec. 2015 was £0.53 Mil. Edge Resources's Cost of Goods Sold for the three months ended in Dec. 2015 was £0.46 Mil. Hence, Edge Resources's Days Payable for the three months ended in Dec. 2015 was 105.66.

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

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

Edge Resources's Days Payable declined from Dec. 2014 (109.58) to Dec. 2015 (105.66). It may suggest that Edge Resources accelerated paying its suppliers.

Edge Resources Days Payable Related Terms

Edge Resources Days Payable Historical Data

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The historical data trend for Edge 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.

Edge Resources Days Payable Chart

Edge Resources Annual Data

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Days Payable

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Edge Resources 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															109.58	0.00	0.00	0.00	105.66

LSE:EDG vs GDPMQ, OOIL, ALOD: Days Payable Comparison

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

Edge Resources Days Payable vs Oil & Gas Industry

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

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

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Edge 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.

Edge Resources's Days Payable for the fiscal year that ended in Mar. 2015 is calculated as

	Days Payable (A: Mar. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2014 )	+	Accounts Payable (A: Mar. 2015 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2015 )	*	Days in Period
=	( (0.993	+	1.162)	/	2 )	/	0	*	365
=	1.0775					/	0	*	365
=	N/A

Edge Resources'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
=	( (0.528	+	0)	/	1 )	/	0.456	*	365 / 4
=	0.528					/	0.456	*	365 / 4
=	105.66

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 105.66 mean?

Edge Resources (LSE:EDG) has a Days Payable of 105.66 as of Dec. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Edge Resources and its competitors.

Is Edge Resources' Days Payable too high?

Edge Resources' current Days Payable is 105.66. The Oil & Gas industry median Days Payable is 57.95. Edge Resources' value of 105.66 is 82.3% above this industry median.

How does Edge Resources' Days Payable compare to GDPMQ and OOIL?

Edge Resources' Days Payable of 105.66 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Edge Resources' value of 105.66 is 82.3% 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 57.95, 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. Edge Resources's current Days Payable of 105.66 is 82.3% 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 Edge Resources 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. Edge Resources's current Days Payable is 105.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Edge Resources stock overvalued right now?

Edge Resources (LSE:EDG) has a current Days Payable of 105.66. The current Days Payable is 105.66 and 82.3% above the Oil & Gas industry median of 57.95. 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 Edge Resources (LSE:EDG), the current Days Payable is 105.66 as of Dec. 2015. 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.

Edge Resources Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:NE.H TSXV:PNN GDPMQ TSXV:XL TSXV:CHY.H TSXV:EGL TSXV:PMX OOIL ASX:TNP XCNQ:ISM TSXV:WEB.H ALOD ATRVF TSXV:LNE.H TSXV:AHU XCNQ:TENO XCNQ:OIL TSXV:KYS.H TSXV:BSP.H PQUEQ

Address Elveden House, 717 - 7th Avenue SW, Suite 1400, Calgary, AB, CAN, T2P 0Z3

Website http://www.edgeres.com

Edge Resources Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas in Alberta and Saskatchewan, Canada. Its projects include Grand Forks, Willesden Green North, and Primate.