Africa Oil (Africa Oil) Days Payable : 0.00 (As of Dec. 2023)

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What is Africa Oil Days Payable?

Africa Oil's average Accounts Payable for the three months ended in Dec. 2023 was $0.00 Mil. Africa Oil's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.00 Mil.

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

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

Africa Oil's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same

Africa Oil Days Payable Historical Data

The historical data trend for Africa Oil'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.

Africa Oil Days Payable Chart

Africa Oil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Africa Oil Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Africa Oil's Days Payable

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

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

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

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

Africa Oil 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.

Africa Oil's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Africa Oil's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Africa Oil Days Payable Related Terms

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Africa Oil (Africa Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Africa Oil Corp (OTCPK:AOIFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

AOI:Sweden 0QVL:UK AFZ:Germany AOI:Canada

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.africaoilcorp.com

Africa Oil Corp is an international oil and gas exploration company. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.

Africa Oil (Africa Oil) Headlines

From GuruFocus

Voting Results of Africa Oil Annual General Meeting

By GlobeNewswire GlobeNewswire • 04-19-2018

Africa Oil Announces Mailing of Meeting Materials for Annual Meeting of Shareholders

By GlobeNewswire GlobeNewswire • 03-29-2018

Africa Oil Share Capital and Voting Rights Update

By GlobeNewswire GlobeNewswire • 03-30-2018