Sirius Petroleum (LSE:SRSP) Days Payable: 0.00 (As of Jun. 2018)

What is Sirius Petroleum Days Payable?

Sirius Petroleum LSE:SRSP Days Payable is 0.00 as of Jun. 2018. The stock has 4 warning signs investors should review.

Sirius Petroleum's average Accounts Payable for the six months ended in Jun. 2018 was £4.41 Mil. Sirius Petroleum's Cost of Goods Sold for the six months ended in Jun. 2018 was £0.00 Mil.

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

During the past 13 years, Sirius Petroleum's highest Days Payable was 1642.50. The lowest was 0.00. And the median was 1642.50.

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

Sirius Petroleum's Days Payable stayed the same from Jun. 2017 (0.00) to Jun. 2018 (0.00).

Sirius Petroleum Days Payable Related Terms

Sirius Petroleum Days Payable Historical Data

* Premium members only.

The historical data trend for Sirius Petroleum'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.

Sirius Petroleum Days Payable Chart

Sirius Petroleum Annual Data

Trend

Jul08

Jul09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

Get a 7-Day Free Trial

0.00

Sirius Petroleum Semi-Annual Data
	Jan08	Jul08	Jan09	Jul09	Jan10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Payable	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

LSE:SRSP vs WHZT, GSPE: Days Payable Comparison

For the Oil & Gas E&P subindustry, Sirius Petroleum'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.

Sirius Petroleum Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Sirius Petroleum's Days Payable falls into.

Save Embed

Sirius Petroleum 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.

Sirius Petroleum'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
=	( (0.316	+	2.837)	/	2 )	/	0	*	365
=	1.5765					/	0	*	365
=	N/A

Sirius Petroleum'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
=	( (2.837	+	5.975)	/	2 )	/	0	*	365 / 2
=	4.406					/	0	*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Sirius Petroleum (LSE:SRSP) has a Days Payable of 0.00 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 Sirius Petroleum and its competitors.

Is Sirius Petroleum's Days Payable too high?

Sirius Petroleum's current Days Payable is 0.00.

How does Sirius Petroleum's Days Payable compare to WHZT and GSPE?

Sirius Petroleum's Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. 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. 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 Sirius Petroleum 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. Sirius Petroleum's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Sirius Petroleum stock overvalued right now?

Sirius Petroleum (LSE:SRSP) has a current Days Payable of 0.00. The current Days Payable is 0.00. 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 Sirius Petroleum (LSE:SRSP), the current Days Payable is 0.00 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.

Sirius Petroleum Business Description

Industry Energy Oil & Gas

Comparable Companies LSE:CAB PHS:OV TSX:PRQ WHZT TSXV:ROE TSX:PPR PHS:OPM WAR:SEN TSXV:AFE LSE:CERP OSL:PEN TSXV:SOG LSE:AST TSXV:POE ASX:STX TSX:CDH LSE:CORO GSPE ASX:CUE TSXV:PQE

Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL

Website http://www.siriuspetroleum.com

Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.