Silver Star Energy (Silver Star Energy) Days Payable : 64.93 (As of Sep. 2007)

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What is Silver Star Energy Days Payable?

Silver Star Energy's average Accounts Payable for the three months ended in Sep. 2007 was $0.02 Mil. Silver Star Energy's Cost of Goods Sold for the three months ended in Sep. 2007 was $0.03 Mil. Hence, Silver Star Energy's Days Payable for the three months ended in Sep. 2007 was 64.93.

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

SVSE's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.41
* Ranked among companies with meaningful Days Payable only.

Silver Star Energy's Days Payable increased from Sep. 2006 (17.80) to Sep. 2007 (64.93). It may suggest that Silver Star Energy delayed paying its suppliers.

Silver Star Energy Days Payable Historical Data

The historical data trend for Silver Star 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.

* Premium members only.

Silver Star Energy Days Payable Chart

Silver Star Energy Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Days Payable

5,475.00

39.37

26.95

Silver Star Energy Quarterly Data
	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07
Days Payable	Get a 7-Day Free Trial														17.80	8.97	43.50	5.77	64.93

Competitive Comparison of Silver Star Energy's Days Payable

For the Oil & Gas E&P subindustry, Silver Star 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.

Silver Star Energy's Days Payable Distribution in the Oil & Gas Industry

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

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

Silver Star 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.

Silver Star Energy's Days Payable for the fiscal year that ended in Dec. 2006 is calculated as

	Days Payable (A: Dec. 2006 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2005 )	+	Accounts Payable (A: Dec. 2006 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2006 )	*	Days in Period
=	( (0.031	+	0.092)	/	2 )	/	0.833	*	365
=	0.0615					/	0.833	*	365
=	26.95

Silver Star Energy's Days Payable for the quarter that ended in Sep. 2007 is calculated as:

	Days Payable (Q: Sep. 2007 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2007 )	+	Accounts Payable (Q: Sep. 2007 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2007 )	*	Days in Period
=	( (0.032	+	0.005)	/	2 )	/	0.026	*	365 / 4
=	0.0185					/	0.026	*	365 / 4
=	64.93

Silver Star Energy Days Payable Related Terms

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Silver Star Energy (Silver Star Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Silver Star Energy Inc (OTCPK:SVSE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

9595 Wilshire Boulevard, Suite 900, Beverly Hills, CA, USA, 90212

Website

Silver Star Energy Inc is an early-stage energy company engaged in the exploration and development of oil and natural gas reserves throughout western North America.

Executives

Scott Marshall	10 percent owner	2435 WEST 7TH AVENUE VANCOUVER A1 00000
Gordon Samson	director	9595 WILSHIRE BLVD., SUITE 900 BEVERLY HILLS CA 90212
Robert Bruce Mcintosh	director, officer: President	504 THRASHER STREET, NORCROSS GA 30071

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