GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » American Noble Gas Inc (OTCPK:AMNI) » Definitions » Days Payable

American Noble Gas (American Noble Gas) Days Payable : 1,318.89 (As of Sep. 2023)


View and export this data going back to 2008. Start your Free Trial

What is American Noble Gas Days Payable?

American Noble Gas's average Accounts Payable for the three months ended in Sep. 2023 was $1.40 Mil. American Noble Gas's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.10 Mil. Hence, American Noble Gas's Days Payable for the three months ended in Sep. 2023 was 1,318.89.

The historical rank and industry rank for American Noble Gas's Days Payable or its related term are showing as below:

AMNI' s Days Payable Range Over the Past 10 Years
Min: 328.08   Med: 480.79   Max: 633.49
Current: 453.11

During the past 13 years, American Noble Gas's highest Days Payable was 633.49. The lowest was 328.08. And the median was 480.79.

AMNI's Days Payable is ranked better than
90.21% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs AMNI: 453.11

American Noble Gas's Days Payable increased from Sep. 2022 (1,209.57) to Sep. 2023 (1,318.89). It may suggest that American Noble Gas delayed paying its suppliers.


American Noble Gas Days Payable Historical Data

The historical data trend for American Noble Gas'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.

American Noble Gas Days Payable Chart

American Noble Gas Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 633.49 328.08

American Noble Gas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,209.57 115.43 - 45,913.96 1,318.89

Competitive Comparison of American Noble Gas's Days Payable

For the Oil & Gas E&P subindustry, American Noble Gas'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.


American Noble Gas's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where American Noble Gas's Days Payable falls into.



American Noble Gas 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.

American Noble Gas's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.976 + 1.388) / 2 ) / 1.315*365
=1.182 / 1.315*365
=328.08

American Noble Gas's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (1.448 + 1.356) / 2 ) / 0.097*365 / 4
=1.402 / 0.097*365 / 4
=1,318.89

* 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.


American Noble Gas Days Payable Related Terms

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


American Noble Gas (American Noble Gas) Business Description

Traded in Other Exchanges
N/A
Address
15612 College Boulevard, Lenexa, KS, USA, 66219
American Noble Gas Inc is active in the energy sector. It has conducted an environmental study and developed geological information from the reprocessing and additional evaluation of existing three-dimensional (3-D) seismic data in the Perlas and Tyra concession blocks.
Executives
Thomas J Heckman 10 percent owner, officer: CEO & CFO 15612 COLLEGE BLVD., LENEXA KS 66219
John A Loeffelbein officer: Chief Operating Officer 11900 COLLEGE BLVD., SUITE 310, OVERLAND PARK, KANSAS KS 66210
Amegy Bank National Association /gfn 10 percent owner
Daniel F Hutchins director, officer: CFO & Secretary 11900 COLLEGE BOULEVARD, SUITE 310, OVERLAND PARK KS 66210
Renato Bertani officer: Chief Operating Officer 633 SEVENTEENTH STREET, SUITE 1800, DENVER CO 80202
Infinity Inc director, officer: President and CEO 15612 COLLEGE BLVD., LENEXA KS 66219
Timothy A Ficker officer: VP and Chief Financial Officer 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Elliot M Kaplan director 9705 LOIRET BLVD., LENEXA KS 66219
Orrie Lee Tawes director CIBC OPPENHEIMER WORLD FINANCIAL CENTER, NEW YORK NY 110281
Leroy C Richie director 15612 COLLEGE BLVD., LENEXA KS 66219
Stanton E Ross director, officer: President and Treasurer 15612 COLLEGE BLVD., LENEXA KS 66219
Jon D Klugh officer: CFO and Secretary 211 WEST 14TH STREET, CHANUTE KS 67202
James A Tuell officer: Pres-Infinity Oil & Gas of Wyo 1700 LINCOLN ST., SUITE 2800, DENVER CO 80203
Stephen D Stanfield officer: Pres-Consol. Oil Well Services 950 SEVENTEENTH ST STE 800, DENVER CO 80202
James W Dean officer: VP - Strategic and Corp. Dev. 950 SEVENTEENTH ST STE 800, DENVER CO 80202

American Noble Gas (American Noble Gas) Headlines

From GuruFocus