QREE (Quantum Energy) Days Payable: 0.00 (As of Nov. 2022)


QREE Quantum Energy Inc QREE
35 GF Score
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What is Quantum Energy Days Payable?

Quantum Energy QREE 35 Days Payable is 0.00 as of Nov. 2022. GuruFocus rates QREE with a GF Score™ of 35/100.

Quantum Energy's average Accounts Payable for the three months ended in Nov. 2022 was $0.15 Mil. Quantum Energy's Cost of Goods Sold for the three months ended in Nov. 2022 was $0.00 Mil.

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

QREE's Days Payable is not ranked *
in the Metals & Mining industry.
Industry Median: 127.26
* Ranked among companies with meaningful Days Payable only.

Quantum Energy's Days Payable declined from Nov. 2021 (114.27) to Nov. 2022 (0.00). It may suggest that Quantum Energy accelerated paying its suppliers.


Quantum Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Quantum 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.

Quantum Energy Days Payable Chart

Quantum Energy Annual Data
Trend Feb10 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Quantum Energy Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 114.27 0.00 0.00 0.00 0.00

QREE vs NBHC, PROV, NASB: Days Payable Comparison

For the Other Industrial Metals & Mining subindustry, Quantum 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.


Quantum Energy Days Payable vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quantum Energy's Days Payable distribution charts can be found below:

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


QREE
35GF Score
Quantum Energy Inc QREE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Quantum 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.

Quantum Energy's Days Payable for the fiscal year that ended in Feb. 2021 is calculated as

Days Payable (A: Feb. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2020 ) + Accounts Payable (A: Feb. 2021 )) / count ) / Cost of Goods Sold (A: Feb. 2021 )*Days in Period
=( (0.148 + 0.22) / 2 ) / 0*365
=0.184 / 0*365
=N/A

Quantum Energy's Days Payable for the quarter that ended in Nov. 2022 is calculated as:

Days Payable (Q: Nov. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2022 ) + Accounts Payable (Q: Nov. 2022 )) / count ) / Cost of Goods Sold (Q: Nov. 2022 )*Days in Period
=( (0.149 + 0.143) / 2 ) / 0*365 / 4
=0.146 / 0*365 / 4
=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?
Quantum Energy (QREE) has a Days Payable of 0.00 as of Nov. 2022. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Quantum Energy and its competitors.
Is Quantum Energy's Days Payable too high?
Quantum Energy's current Days Payable is 0.00. Overall, Quantum Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Quantum Energy's Days Payable compare to NBHC and PROV?
Quantum Energy's Days Payable of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Payable is 127.26. 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 a Metals & Mining company?
The median Days Payable among Metals & Mining companies is 127.26, based on 1,065 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 Quantum Energy and its competitors. For the Metals & Mining industry, the median Days Payable is 127.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quantum Energy'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 Quantum Energy stock overvalued right now?
Quantum Energy (QREE) has a current Days Payable of 0.00. The current Days Payable is 0.00. Quantum Energy's overall GF Score™ is 35/100. 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 Quantum Energy (QREE), the current Days Payable is 0.00 as of Nov. 2022. 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.

Quantum Energy Business Description

Address 3805 Rockbottom, North Las Vegas, NV, USA, 89030
Quantum Energy Inc focuses on sourcing and processing Rare Earth (RE) elements, metals, and oxides thereby supporting the current and future production demands of the transportation, communications, space, and computing industries. It processes rare earth elements, metals, and oxides. It also manufactures and distributes magnets, oxides, and alloys.
35GF Score

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