SRGE (Southridge Enterprises) Days Payable : 1.03 (As of May. 2008)

View and export this data going back to 2005. Start your Free Trial

What is Southridge Enterprises Days Payable?

Southridge Enterprises's average Accounts Payable for the three months ended in May. 2008 was $0.04 Mil. Southridge Enterprises's Cost of Goods Sold for the three months ended in May. 2008 was $3.89 Mil. Hence, Southridge Enterprises's Days Payable for the three months ended in May. 2008 was 1.03.

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

SRGE's Days Payable is not ranked ^*
in the Metals & Mining industry.
Industry Median: 135.87
* Ranked among companies with meaningful Days Payable only.

Southridge Enterprises's Days Payable increased from May. 2007 (0.00) to May. 2008 (1.03). It may suggest that Southridge Enterprises delayed paying its suppliers.

Southridge Enterprises Days Payable Historical Data

The historical data trend for Southridge Enterprises'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.

* Premium members only.

Southridge Enterprises Days Payable Chart

Southridge Enterprises Annual Data

Trend

Aug06

Aug07

Days Payable

Southridge Enterprises Quarterly Data
	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08
Days Payable	Get a 7-Day Free Trial						-	-	-	-	1.03

Competitive Comparison of Southridge Enterprises's Days Payable

For the Other Industrial Metals & Mining subindustry, Southridge Enterprises'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.

Southridge Enterprises's Days Payable Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southridge Enterprises's Days Payable falls into.

Southridge Enterprises 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.

Southridge Enterprises's Days Payable for the fiscal year that ended in Aug. 2007 is calculated as

	Days Payable (A: Aug. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Aug. 2006 )	+	Accounts Payable (A: Aug. 2007 ))	/	count )	/	Cost of Goods Sold (A: Aug. 2007 )	*	Days in Period
=	( (0.025	+	0.025)	/	2 )	/	0	*	365
=	0.025					/	0	*	365
=	N/A

Southridge Enterprises's Days Payable for the quarter that ended in May. 2008 is calculated as:

	Days Payable (Q: May. 2008 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Feb. 2008 )	+	Accounts Payable (Q: May. 2008 ))	/	count )	/	Cost of Goods Sold (Q: May. 2008 )	*	Days in Period
=	( (0.037	+	0.051)	/	2 )	/	3.892	*	365 / 4
=	0.044					/	3.892	*	365 / 4
=	1.03

Southridge Enterprises Days Payable Related Terms

Thank you for viewing the detailed overview of Southridge Enterprises's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Southridge Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southridge Enterprises Inc (GREY:SRGE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3625 N. Hall Street, Suite 900, Dallas, TX, USA, 75219

Website

http://www.Southridgeenterprises.com

Southridge Enterprises Inc is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties.

Southridge Enterprises Headlines

No Headlines