Shelf Drilling (North Sea) (OSL:SDNS) Days Payable : 544.24 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Shelf Drilling (North Sea) Days Payable?

Shelf Drilling (North Sea)'s average Accounts Payable for the three months ended in Mar. 2024 was kr291 Mil. Shelf Drilling (North Sea)'s Cost of Goods Sold for the three months ended in Mar. 2024 was kr49 Mil. Hence, Shelf Drilling (North Sea)'s Days Payable for the three months ended in Mar. 2024 was 544.24.

The historical rank and industry rank for Shelf Drilling (North Sea)'s Days Payable or its related term are showing as below:

OSL:SDNS' s Days Payable Range Over the Past 10 Years
Min: 383.11 Med: 1015.95 Max: 1648.79
Current: 415.16

During the past 3 years, Shelf Drilling (North Sea)'s highest Days Payable was 1648.79. The lowest was 383.11. And the median was 1015.95.

OSL:SDNS's Days Payable is ranked better than
89.22% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs OSL:SDNS: 415.16

Shelf Drilling (North Sea)'s Days Payable increased from Mar. 2023 (380.64) to Mar. 2024 (544.24). It may suggest that Shelf Drilling (North Sea) delayed paying its suppliers.

Shelf Drilling (North Sea) Days Payable Historical Data

The historical data trend for Shelf Drilling (North Sea)'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.

Shelf Drilling (North Sea) Days Payable Chart

Shelf Drilling (North Sea) Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

1,648.79

383.11

Shelf Drilling (North Sea) Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial						380.64	313.54	342.32	390.68	544.24

Competitive Comparison of Shelf Drilling (North Sea)'s Days Payable

For the Oil & Gas Equipment & Services subindustry, Shelf Drilling (North Sea)'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.

Shelf Drilling (North Sea)'s Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shelf Drilling (North Sea)'s Days Payable distribution charts can be found below:

* The bar in red indicates where Shelf Drilling (North Sea)'s Days Payable falls into.

Shelf Drilling (North Sea) 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.

Shelf Drilling (North Sea)'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
=	( (182.989	+	228.922)	/	2 )	/	196.219	*	365
=	205.9555					/	196.219	*	365
=	383.11

Shelf Drilling (North Sea)'s Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (228.922	+	353.383)	/	2 )	/	48.816	*	365 / 4
=	291.1525					/	48.816	*	365 / 4
=	544.24

Shelf Drilling (North Sea) Days Payable Related Terms

Thank you for viewing the detailed overview of Shelf Drilling (North Sea)'s Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Shelf Drilling (North Sea) (OSL:SDNS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shelf Drilling (North Sea) Ltd (OSL:SDNS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakes Towers, JLT, Floor 12, P.O. Box 212201, Jumeirah, Dubai, ARE

Website

https://www.shelfdrillingnorthsea.com

Shelf Drilling (North Sea) Ltd is a shallow-water offshore drilling contractor operating primarily in the North Sea. It is engaged in the provision of equipment and services for the drilling, completion and well maintenance of shallow water offshore oil and natural gas wells. The Group is primarily engaged in development and workover activity on producing assets, with a focus on shallow water operations in water depths of up to 500 feet.

Shelf Drilling (North Sea) (OSL:SDNS) Headlines

No Headlines