XBOR (Cross Border Resources) Days Payable: 316.02 (As of Mar. 2015)


What is Cross Border Resources Days Payable?

Cross Border Resources XBOR Days Payable is 316.02 as of Mar. 2015.

Cross Border Resources's average Accounts Payable for the three months ended in Mar. 2015 was $2.59 Mil. Cross Border Resources's Cost of Goods Sold for the three months ended in Mar. 2015 was $0.75 Mil. Hence, Cross Border Resources's Days Payable for the three months ended in Mar. 2015 was 316.02.

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

XBOR's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

Cross Border Resources's Days Payable increased from Mar. 2014 (162.73) to Mar. 2015 (316.02). It may suggest that Cross Border Resources delayed paying its suppliers.

Cross Border Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Cross Border 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.

Cross Border Resources Days Payable Chart

Cross Border Resources Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13 Dec14
Days Payable
Get a 7-Day Free Trial Premium Member Only 72.82 189.37 493.01 495.95 249.98

Cross Border Resources Quarterly Data
Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 162.73 110.08 188.02 219.92 316.02

XBOR vs FPPP, UNGS, GBEYF: Days Payable Comparison

For the Oil & Gas E&P subindustry, Cross Border 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.

Cross Border Resources Days Payable vs Oil & Gas Industry

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

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


Cross Border 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.

Cross Border Resources's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable (A: Dec. 2014 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2013 ) + Accounts Payable (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (1.268 + 1.866) / 2 ) / 2.288*365
=1.567 / 2.288*365
=249.98

Cross Border Resources's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

Days Payable (Q: Mar. 2015 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2014 ) + Accounts Payable (Q: Mar. 2015 )) / count ) / Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=( (1.866 + 3.322) / 2 ) / 0.749*365 / 4
=2.594 / 0.749*365 / 4
=316.02

* 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 316.02 mean?
Cross Border Resources (XBOR) has a Days Payable of 316.02 as of Mar. 2015. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Cross Border Resources and its competitors.
Is Cross Border Resources' Days Payable too high?
Cross Border Resources' current Days Payable is 316.02. The Oil & Gas industry median Days Payable is 57.95. Cross Border Resources' value of 316.02 is 445.3% above this industry median.
How does Cross Border Resources' Days Payable compare to FPPP and UNGS?
Cross Border Resources' Days Payable of 316.02 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Cross Border Resources' value of 316.02 is 445.3% above 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 57.95, based on 849 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. Cross Border Resources's current Days Payable of 316.02 is 445.3% above 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 Cross Border Resources and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cross Border Resources's current Days Payable is 316.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Border Resources stock overvalued right now?
Cross Border Resources (XBOR) has a current Days Payable of 316.02. The current Days Payable is 316.02 and 445.3% above the Oil & Gas industry median of 57.95. 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 Cross Border Resources (XBOR), the current Days Payable is 316.02 as of Mar. 2015. 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.

Cross Border Resources Business Description

Industry EnergyOil & Gas
Address 2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201
Cross Border Resources Inc is an oil and gas exploration company. The company is engaged in the acquisition, operation, exploration, and development of oil and gas properties and prospects.