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Barnwell Industries (Barnwell Industries) Days Payable : 18.56 (As of Dec. 2023)


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What is Barnwell Industries Days Payable?

Barnwell Industries's average Accounts Payable for the three months ended in Dec. 2023 was $1.11 Mil. Barnwell Industries's Cost of Goods Sold for the three months ended in Dec. 2023 was $5.47 Mil. Hence, Barnwell Industries's Days Payable for the three months ended in Dec. 2023 was 18.56.

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

BRN' s Days Payable Range Over the Past 10 Years
Min: 20.8   Med: 53.89   Max: 82.89
Current: 25.43

During the past 13 years, Barnwell Industries's highest Days Payable was 82.89. The lowest was 20.80. And the median was 53.89.

BRN's Days Payable is ranked worse than
80.98% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs BRN: 25.43

Barnwell Industries's Days Payable declined from Dec. 2022 (29.26) to Dec. 2023 (18.56). It may suggest that Barnwell Industries accelerated paying its suppliers.


Barnwell Industries Days Payable Historical Data

The historical data trend for Barnwell Industries'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.

Barnwell Industries Days Payable Chart

Barnwell Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.36 41.85 49.14 31.25 20.80

Barnwell Industries 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 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 29.26 37.53 27.45 18.50 18.56

Competitive Comparison of Barnwell Industries's Days Payable

For the Oil & Gas E&P subindustry, Barnwell Industries'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.


Barnwell Industries's Days Payable Distribution in the Oil & Gas Industry

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

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



Barnwell Industries 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.

Barnwell Industries's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

Days Payable (A: Sep. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Sep. 2022 ) + Accounts Payable (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (1.462 + 0.881) / 2 ) / 20.56*365
=1.1715 / 20.56*365
=20.80

Barnwell Industries'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
=( (0.881 + 1.344) / 2 ) / 5.471*365 / 4
=1.1125 / 5.471*365 / 4
=18.56

* 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.


Barnwell Industries Days Payable Related Terms

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Barnwell Industries (Barnwell Industries) Business Description

Traded in Other Exchanges
N/A
Address
1100 Alakea Street, Suite 500, Honolulu, HI, USA, 96813-2840
Barnwell Industries Inc is an oil and gas firm. Its areas of operations include acquiring, developing, producing, and selling oil and natural gas. The company acquires and develops crude oil and natural gas assets. The company's operating segment includes Oil and natural gas, Contract drilling, Land investment, and Others. It generates maximum revenue from the Oil and natural gas segment. It operates in two geographical segments the United States, which generates a majority of revenue, and Canada.
Executives
Joshua Horowitz director 72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Ned L Sherwood 10 percent owner 54 MORRIS LN, SCARSDALE NY 10583
Ned L. Sherwood Revocable Trust 10 percent owner 151 TERRAPIN POINT, VERO BEACH FL 32963
Mrmp Managers Llc 10 percent owner C/O SOUTH DAKOTA TRUST COMPANY LLC, 201 SOUTH PHILIPS AVENUE, STE 200, SIOUX FALLS SD 57104-6449
Alexander C Kinzler director, officer: President and COO 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Laurance Elliot Narbut director 3324 WOODSIDE ROAD, WOODSIDE CA 94062
Douglas N Woodrum director C/O BARNWELL INDUSTRIES, INC., 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Francis J. Kelly director 10402 PATRICIAN WOODS COURT, GREAT FALLS VA 22066
Joseph Eugene Magaro 10 percent owner 401 RIVERSVILLE ROAD, GREENWICH CT 06831
O'farrell Colin R. director 3465 N. PINES WAY, SUITE 104-PMB 22, WILSON WY 83014
Peter J. O'malley director 150 TABLE ROCK ROAD, ALTA WY 83414
Russell M Gifford director, officer: EVP,CFO, Treasurer 1100 ALAKEA STREET, SUITE 2900, HONOLULU HI 96813
Kenneth S Grossman director 18 NORFOLK RD, GREAT NECK NY 11020
Philip James Mcpherson director 417 31ST STREET, UNIT A, NEWPORT BEACH CA 92663
Bradley M Tirpak director 50 ORCHARD ST., NEW YORK NY 10002

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