POGS (Pioneer Oil & Gas) Days Payable: 244.57 (As of Jun. 2005)


What is Pioneer Oil & Gas Days Payable?

Pioneer Oil & Gas POGS Days Payable is 244.57 as of Jun. 2005.

Pioneer Oil & Gas's average Accounts Payable for the three months ended in Jun. 2005 was $0.62 Mil. Pioneer Oil & Gas's Cost of Goods Sold for the three months ended in Jun. 2005 was $0.23 Mil. Hence, Pioneer Oil & Gas's Days Payable for the three months ended in Jun. 2005 was 244.57.

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

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

Pioneer Oil & Gas's Days Payable declined from Jun. 2004 (272.86) to Jun. 2005 (244.57). It may suggest that Pioneer Oil & Gas accelerated paying its suppliers.

Pioneer Oil & Gas Days Payable Historical Data

* Premium members only.

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Days Payable Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Days Payable
60.28 70.17 70.52 72.19 61.82

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 272.86 964.86 64.33 32.14 244.57

POGS vs ECT, TRNX, SLNG: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas'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.

Pioneer Oil & Gas Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Pioneer Oil & Gas's Days Payable falls into.


Pioneer Oil & Gas 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.

Pioneer Oil & Gas's Days Payable for the fiscal year that ended in Sep. 2004 is calculated as

Days Payable (A: Sep. 2004 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2003 ) + Accounts Payable (A: Sep. 2004 )) / count ) / Cost of Goods Sold (A: Sep. 2004 )*Days in Period
=( (0.122 + 0.108) / 2 ) / 0.679*365
=0.115 / 0.679*365
=61.82

Pioneer Oil & Gas's Days Payable for the quarter that ended in Jun. 2005 is calculated as:

Days Payable (Q: Jun. 2005 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2005 ) + Accounts Payable (Q: Jun. 2005 )) / count ) / Cost of Goods Sold (Q: Jun. 2005 )*Days in Period
=( (0.05 + 1.199) / 2 ) / 0.233*365 / 4
=0.6245 / 0.233*365 / 4
=244.57

* 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 244.57 mean?
Pioneer Oil & Gas (POGS) has a Days Payable of 244.57 as of Jun. 2005. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Pioneer Oil & Gas and its competitors.
Is Pioneer Oil & Gas' Days Payable too high?
Pioneer Oil & Gas' current Days Payable is 244.57. The Oil & Gas industry median Days Payable is 57.95. Pioneer Oil & Gas' value of 244.57 is 322% above this industry median.
How does Pioneer Oil & Gas' Days Payable compare to ECT and TRNX?
Pioneer Oil & Gas' Days Payable of 244.57 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Pioneer Oil & Gas' value of 244.57 is 322% above this benchmark. 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 849 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. Pioneer Oil & Gas's current Days Payable of 244.57 is 322% 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 Pioneer Oil & Gas 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. Pioneer Oil & Gas's current Days Payable is 244.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Oil & Gas stock overvalued right now?
Pioneer Oil & Gas (POGS) has a current Days Payable of 244.57. The current Days Payable is 244.57 and 322% 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 Pioneer Oil & Gas (POGS), the current Days Payable is 244.57 as of Jun. 2005. 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.

Pioneer Oil & Gas Business Description

Industry EnergyOil & Gas
Address 1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States. The majority of the company's revenue is derived from royalty income.