RTSO (RTS Oil Holdings) Days Payable: 5.58 (As of Dec. 2013)

What is RTS Oil Holdings Days Payable?

RTS Oil Holdings RTSO Days Payable is 5.58 as of Dec. 2013.

RTS Oil Holdings's average Accounts Payable for the three months ended in Dec. 2013 was $1.30 Mil. RTS Oil Holdings's Cost of Goods Sold for the three months ended in Dec. 2013 was $21.19 Mil. Hence, RTS Oil Holdings's Days Payable for the three months ended in Dec. 2013 was 5.58.

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

RTSO's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 57.145
* Ranked among companies with meaningful Days Payable only.

RTS Oil Holdings's Days Payable declined from Dec. 2012 (6.76) to Dec. 2013 (5.58). It may suggest that RTS Oil Holdings accelerated paying its suppliers.

RTS Oil Holdings Days Payable Related Terms

RTS Oil Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for RTS Oil Holdings'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.

RTS Oil Holdings Days Payable Chart

RTS Oil Holdings Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Days Payable

Get a 7-Day Free Trial

444.08

0.00

471.73

588.50

4,146.17

RTS Oil Holdings Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Days Payable	Get a 7-Day Free Trial															6.76	0.00	6.89	5.57	5.58

RTSO vs MARPS, FSNR, SMGI: Days Payable Comparison

For the Oil & Gas Equipment & Services subindustry, RTS Oil Holdings'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.

RTS Oil Holdings Days Payable vs Oil & Gas Industry

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

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

Save Embed

RTS Oil Holdings 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.

RTS Oil Holdings's Days Payable for the fiscal year that ended in Mar. 2013 is calculated as

	Days Payable (A: Mar. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2012 )	+	Accounts Payable (A: Mar. 2013 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2013 )	*	Days in Period
=	( (0.98	+	1.201)	/	2 )	/	0.096	*	365
=	1.0905					/	0.096	*	365
=	4,146.17

RTS Oil Holdings's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

	Days Payable (Q: Dec. 2013 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2013 )	+	Accounts Payable (Q: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
=	( (1.117	+	1.476)	/	2 )	/	21.187	*	365 / 4
=	1.2965					/	21.187	*	365 / 4
=	5.58

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 5.58 mean?

RTS Oil Holdings (RTSO) has a Days Payable of 5.58 as of Dec. 2013. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on RTS Oil Holdings and its competitors.

Is RTS Oil Holdings' Days Payable too high?

RTS Oil Holdings' current Days Payable is 5.58. The Oil & Gas industry median Days Payable is 57.15. RTS Oil Holdings' value of 5.58 is 90.2% below this industry median.

How does RTS Oil Holdings' Days Payable compare to MARPS and FSNR?

RTS Oil Holdings' Days Payable of 5.58 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.15. RTS Oil Holdings' value of 5.58 is 90.2% below 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 57.15, based on 854 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. RTS Oil Holdings's current Days Payable of 5.58 is 90.2% below 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 RTS Oil Holdings and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RTS Oil Holdings's current Days Payable is 5.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is RTS Oil Holdings stock overvalued right now?

RTS Oil Holdings (RTSO) has a current Days Payable of 5.58. The current Days Payable is 5.58 and 90.2% below the Oil & Gas industry median of 57.15. 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 RTS Oil Holdings (RTSO), the current Days Payable is 5.58 as of Dec. 2013. 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.

RTS Oil Holdings Business Description

Industry Energy Oil & Gas

Comparable Companies MARPS ASX:TIH FSNR XCNQ:OPI SMGI BOM:500313 FOSI SGX:5OR TSX:CSM XKLS:7251 XPAR:ALDIE KEG TSXV:ZDC SGX:5OQ BSP:OSXB3 ALYE GLFH PKDSQ BSE:UZT BKK:PAE

Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109

Website http://www.geopointtech.com

RTS Oil Holdings Inc provides geological and earth study services related to land surveying for new construction, soil testing & environmental risk & impact assessments, and natural resource assessments with an emphasis on oil & gas deposit discovery.