Mondial Ventures (Mondial Ventures) Days Payable : 1,404.70 (As of Sep. 2014)

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What is Mondial Ventures Days Payable?

Mondial Ventures's average Accounts Payable for the three months ended in Sep. 2014 was $0.51 Mil. Mondial Ventures's Cost of Goods Sold for the three months ended in Sep. 2014 was $0.03 Mil. Hence, Mondial Ventures's Days Payable for the three months ended in Sep. 2014 was 1,404.70.

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

MNVN's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.13
* Ranked among companies with meaningful Days Payable only.

Mondial Ventures's Days Payable increased from Sep. 2013 (207.16) to Sep. 2014 (1,404.70). It may suggest that Mondial Ventures delayed paying its suppliers.

Mondial Ventures Days Payable Historical Data

The historical data trend for Mondial Ventures'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.

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Mondial Ventures Days Payable Chart

Mondial Ventures Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Payable

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974.72

553.16

Mondial Ventures Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Payable	Get a 7-Day Free Trial															207.16	-	986.64	5,433.94	1,404.70

Competitive Comparison of Mondial Ventures's Days Payable

For the Oil & Gas E&P subindustry, Mondial Ventures'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.

Mondial Ventures's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Mondial Ventures's Days Payable falls into.

Mondial Ventures 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.

Mondial Ventures's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

	Days Payable (A: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2012 )	+	Accounts Payable (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (0.171	+	0.22)	/	2 )	/	0.129	*	365
=	0.1955					/	0.129	*	365
=	553.16

Mondial Ventures's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

	Days Payable (Q: Sep. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2014 )	+	Accounts Payable (Q: Sep. 2014 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2014 )	*	Days in Period
=	( (0.546	+	0.47)	/	2 )	/	0.033	*	365 / 4
=	0.508					/	0.033	*	365 / 4
=	1,404.70

Mondial Ventures Days Payable Related Terms

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Mondial Ventures (Mondial Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mondial Ventures Inc (OTCPK:MNVN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6564 Smoke Tree Lane, Scottsdale, AZ, USA, 85253

Website

http://www.mondialventures.com

Mondial Ventures Inc is active in the energy sector. It is an independent oil and gas company, engaged in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. It holds interests in the J.B. Tubb Leasehold Estate/Amoco Crawar field comprising three well heads and three wellbores. It also has its facilities in Ward County, Texas.

Mondial Ventures (Mondial Ventures) Headlines

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