Auri (AURI) Days Payable : 56.15 (As of Sep. 2011)

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What is Auri Days Payable?

Auri's average Accounts Payable for the three months ended in Sep. 2011 was $0.16 Mil. Auri's Cost of Goods Sold for the three months ended in Sep. 2011 was $0.26 Mil. Hence, Auri's Days Payable for the three months ended in Sep. 2011 was 56.15.

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

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

Auri's Days Payable increased from Sep. 2010 (3.65) to Sep. 2011 (56.15). It may suggest that Auri delayed paying its suppliers.

Auri Days Payable Historical Data

The historical data trend for Auri'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.

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Auri Days Payable Chart

Auri Annual Data

Trend

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Days Payable

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719.30

Auri Quarterly Data
	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11
Days Payable	Get a 7-Day Free Trial															3.65	-	53.76	100.64	56.15

Competitive Comparison of Auri's Days Payable

For the Oil & Gas Equipment & Services subindustry, Auri'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.

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

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

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

Auri 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.

Auri's Days Payable for the fiscal year that ended in Dec. 2010 is calculated as

	Days Payable (A: Dec. 2010 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2009 )	+	Accounts Payable (A: Dec. 2010 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2010 )	*	Days in Period
=	( (0.561	+	0.006)	/	2 )	/	0	*	365
=	0.2835					/	0	*	365
=	N/A

Auri's Days Payable for the quarter that ended in Sep. 2011 is calculated as:

	Days Payable (Q: Sep. 2011 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2011 )	+	Accounts Payable (Q: Sep. 2011 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2011 )	*	Days in Period
=	( (0.13	+	0.19)	/	2 )	/	0.26	*	365 / 4
=	0.16					/	0.26	*	365 / 4
=	56.15

Auri Days Payable Related Terms

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Auri (AURI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Auri Inc (OTCPK:AURI) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

1712 Pioneer Avenue, Cheyenne, WY, USA, 82001

Website

https://www.evapinc.com

Auri Inc is an oil and gas services company that was formed to address the matter of Saltwater Disposal (Produced Water) in locations where oil and gas exploration operations are performed. Its technology utilizes equipment designs and procedures that convert the saltwater that is produced from a well into steam.