ONTRF (Blackrock Oil) Days Payable: 0.00 (As of Jun. 2014)


What is Blackrock Oil Days Payable?

Blackrock Oil ONTRF Days Payable is 0.00 as of Jun. 2014.

Blackrock Oil's average Accounts Payable for the six months ended in Jun. 2014 was $0.01 Mil. Blackrock Oil's Cost of Goods Sold for the six months ended in Jun. 2014 was $0.00 Mil.

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

ONTRF's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.84
* Ranked among companies with meaningful Days Payable only.

Blackrock Oil's Days Payable stayed the same from Jun. 2012 (0.00) to Jun. 2014 (0.00).

Blackrock Oil Days Payable Historical Data

* Premium members only.

The historical data trend for Blackrock Oil'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.

Blackrock Oil Days Payable Chart

Blackrock Oil Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Days Payable
0.00 0.00 0.00 0.00 0.00

Blackrock Oil Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14
Days Payable 0.00 0.00 0.00 0.00 0.00

ONTRF vs WODI, BMMCF: Days Payable Comparison

For the Oil & Gas E&P subindustry, Blackrock Oil'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.

Blackrock Oil Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Blackrock Oil's Days Payable falls into.


Blackrock Oil 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.

Blackrock Oil's Days Payable for the fiscal year that ended in Jun. 2014 is calculated as

Days Payable (A: Jun. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2013 ) + Accounts Payable (A: Jun. 2014 )) / count ) / Cost of Goods Sold (A: Jun. 2014 )*Days in Period
=( (0.011 + 0.004) / 2 ) / 0*365
=0.0075 / 0*365
=N/A

Blackrock Oil's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable (Q: Jun. 2014 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2013 ) + Accounts Payable (Q: Jun. 2014 )) / count ) / Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=( (0.011 + 0.004) / 2 ) / 0*365 / 2
=0.0075 / 0*365 / 2
=N/A

* 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 0.00 mean?
Blackrock Oil (ONTRF) has a Days Payable of 0.00 as of Jun. 2014. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Blackrock Oil and its competitors.
Is Blackrock Oil's Days Payable too high?
Blackrock Oil's current Days Payable is 0.00.
How does Blackrock Oil's Days Payable compare to WODI and BMMCF?
Blackrock Oil's Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.84. 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 57.84, based on 852 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 Blackrock Oil and its competitors. For the Oil & Gas industry, the median Days Payable is 57.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackrock Oil'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 Blackrock Oil stock overvalued right now?
Blackrock Oil (ONTRF) 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 Blackrock Oil (ONTRF), the current Days Payable is 0.00 as of Jun. 2014. 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.

Blackrock Oil Business Description

Industry EnergyOil & Gas
Address 255 Duncan Mill Road, Suite 203, Toronto, ON, CAN, M3B 3H9
Blackrock Oil Corp is a development stage company. It is engaged in the acquisition of oil and gas royalties, oil and gas exploration and production business in the Western Canadian Sedimentary Basin.