MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Days Payable : 41.90 (As of Dec. 2023)

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What is MOL Hungarian Oil and Gas Days Payable?

MOL Hungarian Oil and Gas's average Accounts Payable for the three months ended in Dec. 2023 was $2,720.36 Mil. MOL Hungarian Oil and Gas's Cost of Goods Sold for the three months ended in Dec. 2023 was $5,924.27 Mil. Hence, MOL Hungarian Oil and Gas's Days Payable for the three months ended in Dec. 2023 was 41.90.

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

MOLFF' s Days Payable Range Over the Past 10 Years
Min: 42.71 Med: 48.68 Max: 61.06
Current: 43.09

During the past 13 years, MOL Hungarian Oil and Gas's highest Days Payable was 61.06. The lowest was 42.71. And the median was 48.68.

MOLFF's Days Payable is ranked worse than
63.4% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs MOLFF: 43.09

MOL Hungarian Oil and Gas's Days Payable increased from Dec. 2022 (39.24) to Dec. 2023 (41.90). It may suggest that MOL Hungarian Oil and Gas delayed paying its suppliers.

MOL Hungarian Oil and Gas Days Payable Historical Data

The historical data trend for MOL Hungarian Oil and 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.

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MOL Hungarian Oil and Gas Days Payable Chart

MOL Hungarian Oil and Gas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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48.93

61.06

55.14

42.71

48.43

MOL Hungarian Oil and Gas 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															39.24	47.87	39.33	39.13	41.90

Competitive Comparison of MOL Hungarian Oil and Gas's Days Payable

For the Oil & Gas Integrated subindustry, MOL Hungarian Oil and 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.

MOL Hungarian Oil and Gas's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where MOL Hungarian Oil and Gas's Days Payable falls into.

MOL Hungarian Oil and 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.

MOL Hungarian Oil and Gas'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
=	( (2749.264	+	2640.382)	/	2 )	/	20310.68	*	365
=	2694.823					/	20310.68	*	365
=	48.43

MOL Hungarian Oil and Gas'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
=	( (2800.339	+	2640.382)	/	2 )	/	5924.274	*	365 / 4
=	2720.3605					/	5924.274	*	365 / 4
=	41.90

MOL Hungarian Oil and Gas Days Payable Related Terms

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MOL Hungarian Oil and Gas (MOL Hungarian Oil and Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MOL Hungarian Oil and Gas PLC (OTCPK:MOLFF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

MGYOY:USA MOL:Poland MOL:Hungary 0RUK:UK MOGG:Germany MOL:Czech Republic

Address

Dombovari ut 28, Budapest, HUN, H-1117

Website

https://www.molgroup.info

MOL Hungarian Oil and Gas PLC is a multinational integrated oil and gas company. The group has various segments which include Upstream, Downstream, Consumer services, Gas midstream, and Corporate and other. The Downstream segment derives the majority of the revenue which consists of different business activities that are part of an integrated value chain that turns crude oil into a range of refined products, which are moved and marketed for household, industrial, and transport use. Geographically its sales come from Hungary, Croatia, Slovakia, Italy, Czech Republic, Romania, Austria, Europe, and the Rest of the World.