GasLog (GasLog) Days Payable : 15.25 (As of Dec. 2023)

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What is GasLog Days Payable?

GasLog's average Accounts Payable for the three months ended in Dec. 2023 was $17.7 Mil. GasLog's Cost of Goods Sold for the three months ended in Dec. 2023 was $105.7 Mil. Hence, GasLog's Days Payable for the three months ended in Dec. 2023 was 15.25.

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

GLOG' s Days Payable Range Over the Past 10 Years
Min: 12.46 Med: 18.6 Max: 27.67
Current: 16.52

During the past 13 years, GasLog's highest Days Payable was 27.67. The lowest was 12.46. And the median was 18.60.

GLOG's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 59.43 vs GLOG: 16.52

GasLog's Days Payable declined from Dec. 2022 (16.02) to Dec. 2023 (15.25). It may suggest that GasLog accelerated paying its suppliers.

GasLog Days Payable Historical Data

The historical data trend for GasLog'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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GasLog Days Payable Chart

GasLog Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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21.75

27.67

19.22

15.72

18.64

GasLog 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															16.02	15.91	19.56	17.79	15.25

Competitive Comparison of GasLog's Days Payable

For the Oil & Gas Midstream subindustry, GasLog'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.

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

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

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

GasLog 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.

GasLog'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
=	( (19.725	+	22.776)	/	2 )	/	416.008	*	365
=	21.2505					/	416.008	*	365
=	18.64

GasLog'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
=	( (12.562	+	22.776)	/	2 )	/	105.71	*	365 / 4
=	17.669					/	105.71	*	365 / 4
=	15.25

GasLog Days Payable Related Terms

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GasLog (GasLog) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » GasLog Ltd (NYSE:GLOG) » Definitions » Days Payable

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Traded in Other Exchanges

GLOGpA.PFD:USA

Address

c/o GasLog LNG Services Ltd, 69 Akti Miaouli, Piraeus, GRC, 18537

Website

https://www.gaslogltd.com

GasLog Ltd is engaged in the ownership, operation, and management of vessels in the LNG (Liquefied natural gas) market, providing maritime services for the transportation of LNG on a world wide basis and LNG vessel management services. The group conducts its operations through its vessel-owning subsidiaries and its vessel management services subsidiary. The company operates around 39 LNG carriers.