Frontera Resources (LSE:FRR) Days Payable : 301.15 (As of Jun. 2018)

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What is Frontera Resources Days Payable?

Frontera Resources's average Accounts Payable for the six months ended in Jun. 2018 was £3.24 Mil. Frontera Resources's Cost of Goods Sold for the six months ended in Jun. 2018 was £1.97 Mil. Hence, Frontera Resources's Days Payable for the six months ended in Jun. 2018 was 301.15.

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

LSE:FRR' s Days Payable Range Over the Past 10 Years
Min: 69.82 Med: 169.01 Max: 412.77
Current: 340.27

During the past 13 years, Frontera Resources's highest Days Payable was 412.77. The lowest was 69.82. And the median was 169.01.

LSE:FRR's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 61.41 vs LSE:FRR: 340.27

Frontera Resources's Days Payable increased from Jun. 2017 (183.13) to Jun. 2018 (301.15). It may suggest that Frontera Resources delayed paying its suppliers.

Frontera Resources Days Payable Historical Data

The historical data trend for Frontera 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.

* Premium members only.

Frontera Resources Days Payable Chart

Frontera Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

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243.14

251.19

130.22

147.13

186.07

Frontera Resources Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Payable	Get a 7-Day Free Trial														183.16	119.87	183.13	218.32	301.15

Competitive Comparison of Frontera Resources's Days Payable

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

Frontera Resources's Days Payable Distribution in the Oil & Gas Industry

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

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

Frontera 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.

Frontera Resources's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (2.933	+	2.44)	/	2 )	/	5.27	*	365
=	2.6865					/	5.27	*	365
=	186.07

Frontera Resources's Days Payable for the quarter that ended in Jun. 2018 is calculated as:

	Days Payable (Q: Jun. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2017 )	+	Accounts Payable (Q: Jun. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2018 )	*	Days in Period
=	( (2.44	+	4.045)	/	2 )	/	1.965	*	365 / 2
=	3.2425					/	1.965	*	365 / 2
=	301.15

Frontera Resources Days Payable Related Terms

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Frontera Resources (LSE:FRR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056

Website

http://www.fronteraresources.com

Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.

Frontera Resources (LSE:FRR) Headlines

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