Frontera Resources (LSE:FRR) Days Payable: 301.15 (As of Jun. 2018) — 78% Above Median


What is Frontera Resources Days Payable?

Frontera Resources LSE:FRR Days Payable is 301.15 as of Jun. 2018, which is 78% above its 10-year median of 169.01. The stock has 7 warning signs investors should review.

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: 57.95 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

* Premium members only.

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.

Frontera Resources Days Payable Chart

Frontera Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 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 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 183.16 119.87 183.13 218.32 301.15

LSE:FRR vs GSPE, CHAP, CRBO: Days Payable Comparison

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 Days Payable vs 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

* 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 301.15 mean?
Frontera Resources (LSE:FRR) has a Days Payable of 301.15 as of Jun. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Frontera Resources and its competitors. This is 78% above median its historical median of 169.01. Over the past decade, Frontera Resources' Days Payable has ranged from 69.82 to 412.77.
Is Frontera Resources' Days Payable too high?
Frontera Resources' current Days Payable of 301.15 is 78% above median its 10-year median of 169.01. Over the past 10 years, this metric has ranged from a low of 69.82 to a high of 412.77. The Oil & Gas industry median Days Payable is 57.95. Frontera Resources' value of 301.15 is 419.7% above this industry median.
How does Frontera Resources' Days Payable compare to GSPE and CHAP?
Frontera Resources' Days Payable of 301.15 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Frontera Resources' value of 301.15 is 419.7% above this benchmark. Historically, Frontera Resources' own Days Payable has ranged from 69.82 to 412.77 over the past decade. While the company's 10-year median is 169.01 vs. the industry median of 57.95, Frontera Resources has consistently been above the industry average. 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. Frontera Resources's current Days Payable of 301.15 is 419.7% 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 Frontera 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. Frontera Resources's current Days Payable is 301.15, which is 78% above median its own 10-year median of 169.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontera Resources stock overvalued right now?
Frontera Resources (LSE:FRR) has a current Days Payable of 301.15. The current Days Payable is 301.15, which is 78% above median its 10-year median of 169.01 and 419.7% 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 Frontera Resources (LSE:FRR), the current Days Payable is 301.15 as of Jun. 2018. 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.

Frontera Resources Business Description

Industry EnergyOil & Gas
Address 3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056
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.