Formcap (Formcap) Days Payable : 0.00 (As of Jun. 2017)

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What is Formcap Days Payable?

Formcap's average Accounts Payable for the three months ended in Jun. 2017 was $0.15 Mil. Formcap's Cost of Goods Sold for the three months ended in Jun. 2017 was $0.00 Mil.

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

FRMC's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.11
* Ranked among companies with meaningful Days Payable only.

Formcap's Days Payable stayed the same from Mar. 2016 (0.00) to Jun. 2017 (0.00). stayed the same

Formcap Days Payable Historical Data

The historical data trend for Formcap'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.

Formcap Days Payable Chart

Formcap Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Payable

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Formcap Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Mar17	Jun17
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Formcap's Days Payable

For the Oil & Gas E&P subindustry, Formcap'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.

Formcap's Days Payable Distribution in the Oil & Gas Industry

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

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

Formcap 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.

Formcap'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
=	( (0.101	+	0.023)	/	2 )	/	0	*	365
=	0.062					/	0	*	365
=	N/A

Formcap's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

	Days Payable (Q: Jun. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2017 )	+	Accounts Payable (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (0.147	+	0.146)	/	2 )	/	0	*	365 / 4
=	0.1465					/	0	*	365 / 4
=	N/A

Formcap Days Payable Related Terms

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Formcap (Formcap) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Formcap Corp (GREY:FRMC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

http://www.formcapcorp.com

Formcap Corp is an emerging oil and gas exploration and development company. The company's primary focus is the discovery and development of light crude oil in the lower US states, primarily targeting the Mississippian formation in southeast Kansas.

Formcap (Formcap) Headlines

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