SDURF (Stroud Resources) Days Payable : 1,710.94 (As of Sep. 2024)

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What is Stroud Resources Days Payable?

Stroud Resources's average Accounts Payable for the three months ended in Sep. 2024 was $0.08 Mil. Stroud Resources's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.00 Mil. Hence, Stroud Resources's Days Payable for the three months ended in Sep. 2024 was 1,710.94.

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

SDURF' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 1675.35
Current: 1675.35

During the past 13 years, Stroud Resources's highest Days Payable was 1675.35. The lowest was 0.00. And the median was 0.00.

SDURF's Days Payable is ranked better than
96.03% of 881 companies
in the Oil & Gas industry
Industry Median: 60.34 vs SDURF: 1675.35

Stroud Resources's Days Payable declined from Sep. 2023 (2,691.88) to Sep. 2024 (1,710.94). It may suggest that Stroud Resources accelerated paying its suppliers.

Stroud Resources Days Payable Historical Data

The historical data trend for Stroud Resources'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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Stroud Resources Days Payable Chart

Stroud Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Stroud Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															2,691.88	1,710.94	2,030.31	1,247.08	1,710.94

Competitive Comparison of Stroud Resources's Days Payable

For the Oil & Gas E&P subindustry, Stroud Resources'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.

Stroud Resources's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Stroud Resources's Days Payable falls into.

Stroud Resources 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.

Stroud Resources's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.018	*	365
=	0					/	0.018	*	365
=	0.00

Stroud Resources's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.075	+	0)	/	1 )	/	0.004	*	365 / 4
=	0.075					/	0.004	*	365 / 4
=	1,710.94

Stroud Resources Days Payable Related Terms

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Stroud Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Stroud Resources Ltd (OTCPK:SDURF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

3X21:Germany SDR:Canada

Address

1090 Don Mills Road, Suite 404, Toronto, ON, CAN, M3C 3R6

Website

https://www.stroudsilver.com

Stroud Resources Ltd is a mineral exploration company with an exploration portfolio in Canada and Mexico. The company holds its interest in its Mexican properties through its wholly-owned subsidiary, which holds prospecting and exploration permits for the properties. It operates in two segments: Mineral exploration and Oil & gas exploration and development. Some of its projects are Santo Domingo, Hislop, Leckie, and other Oil and Gas Interests.