Nighthawk Energy (LSE:HAWK) Days Payable: 25.35 (As of Jun. 2017) — 83% Below Median


What is Nighthawk Energy Days Payable?

Nighthawk Energy LSE:HAWK Days Payable is 25.35 as of Jun. 2017, which is 83% below its 10-year median of 148.47. The stock has 4 warning signs investors should review.

Nighthawk Energy's average Accounts Payable for the six months ended in Jun. 2017 was £0.76 Mil. Nighthawk Energy's Cost of Goods Sold for the six months ended in Jun. 2017 was £5.44 Mil. Hence, Nighthawk Energy's Days Payable for the six months ended in Jun. 2017 was 25.35.

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

LSE:HAWK' s Days Payable Range Over the Past 10 Years
Min: 22.51   Med: 148.47   Max: 201.69
Current: 27.71

During the past 11 years, Nighthawk Energy's highest Days Payable was 201.69. The lowest was 22.51. And the median was 148.47.

LSE:HAWK's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 57.95 vs LSE:HAWK: 27.71

Nighthawk Energy's Days Payable declined from Jun. 2016 (34.45) to Jun. 2017 (25.35). It may suggest that Nighthawk Energy accelerated paying its suppliers.


Nighthawk Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Nighthawk Energy'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.

Nighthawk Energy Days Payable Chart

Nighthawk Energy Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 155.51 111.56 94.84 80.91 30.98

Nighthawk Energy Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 129.72 25.52 34.45 31.57 25.35

LSE:HAWK vs FPPP, UNGS, GBEYF: Days Payable Comparison

For the Oil & Gas E&P subindustry, Nighthawk Energy'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.


Nighthawk Energy Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Nighthawk Energy's Days Payable falls into.



Nighthawk Energy 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.

Nighthawk Energy's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0.613 + 0.755) / 2 ) / 8.058*365
=0.684 / 8.058*365
=30.98

Nighthawk Energy's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (0.755 + 0) / 1 ) / 5.435*365 / 2
=0.755 / 5.435*365 / 2
=25.35

* 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 25.35 mean?
Nighthawk Energy (LSE:HAWK) has a Days Payable of 25.35 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nighthawk Energy and its competitors. This is 83% below median its historical median of 148.47. Over the past decade, Nighthawk Energy's Days Payable has ranged from 22.51 to 201.69.
Is Nighthawk Energy's Days Payable too high?
Nighthawk Energy's current Days Payable of 25.35 is 83% below median its 10-year median of 148.47. Over the past 10 years, this metric has ranged from a low of 22.51 to a high of 201.69. The Oil & Gas industry median Days Payable is 57.95. Nighthawk Energy's value of 25.35 is 56.3% below this industry median.
How does Nighthawk Energy's Days Payable compare to FPPP and UNGS?
Nighthawk Energy's Days Payable of 25.35 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Nighthawk Energy's value of 25.35 is 56.3% below this benchmark. Historically, Nighthawk Energy's own Days Payable has ranged from 22.51 to 201.69 over the past decade. While the company's 10-year median is 148.47 vs. the industry median of 57.95, Nighthawk Energy has consistently been below 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. Nighthawk Energy's current Days Payable of 25.35 is 56.3% below 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 Nighthawk Energy 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. Nighthawk Energy's current Days Payable is 25.35, which is 83% below median its own 10-year median of 148.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nighthawk Energy stock overvalued right now?
Nighthawk Energy (LSE:HAWK) has a current Days Payable of 25.35. The current Days Payable is 25.35, which is 83% below median its 10-year median of 148.47 and 56.3% below 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 Nighthawk Energy (LSE:HAWK), the current Days Payable is 25.35 as of Jun. 2017. 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.

Nighthawk Energy Business Description

Industry EnergyOil & Gas
Address One London Wall, 6th Floor, London, GBR, EC2Y 5EB
Nighthawk Energy PLC is an independent exploration and production company that operates in the Eastern Colorado plains. The company through its subsidiaries are focused primarily on the exploration and development of oil-producing assets located in and around Lincoln County, Colorado, United States of America. It has only one operating segment: Production of, Exploration for, and Investment in Hydrocarbons. The company holds a working interest in and is the operator of Smoky Hill and Jolly Ranch projects. Its current projects span approximately 150,000 net acres across Lincoln, Elbert, and Washington Counties, Colorado.