Standard Supply AS (OSL:STSU) Days Payable : 30.71 (As of Dec. 2023)

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

What is Standard Supply AS Days Payable?

Standard Supply AS's average Accounts Payable for the three months ended in Dec. 2023 was kr21.7 Mil. Standard Supply AS's Cost of Goods Sold for the three months ended in Dec. 2023 was kr64.5 Mil. Hence, Standard Supply AS's Days Payable for the three months ended in Dec. 2023 was 30.71.

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

OSL:STSU' s Days Payable Range Over the Past 10 Years
Min: 8.54 Med: 17.09 Max: 25.63
Current: 11.6

During the past 3 years, Standard Supply AS's highest Days Payable was 25.63. The lowest was 8.54. And the median was 17.09.

OSL:STSU's Days Payable is ranked worse than
92.55% of 899 companies
in the Oil & Gas industry
Industry Median: 61.11 vs OSL:STSU: 11.60

Standard Supply AS's Days Payable increased from Dec. 2022 (4.52) to Dec. 2023 (30.71). It may suggest that Standard Supply AS delayed paying its suppliers.

Standard Supply AS Days Payable Historical Data

The historical data trend for Standard Supply AS'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.

Standard Supply AS Days Payable Chart

Standard Supply AS Annual Data

Trend

Dec21

Dec22

Dec23

Days Payable

8.54

25.63

Standard Supply AS Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial					4.52	3.62	1.65	2.21	30.71

Competitive Comparison of Standard Supply AS's Days Payable

For the Oil & Gas Equipment & Services subindustry, Standard Supply AS'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.

Standard Supply AS's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Standard Supply AS's Days Payable falls into.

Standard Supply AS 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.

Standard Supply AS'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
=	( (4.357	+	40.235)	/	2 )	/	317.547	*	365
=	22.296					/	317.547	*	365
=	25.63

Standard Supply AS'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
=	( (3.175	+	40.235)	/	2 )	/	64.488	*	365 / 4
=	21.705					/	64.488	*	365 / 4
=	30.71

Standard Supply AS Days Payable Related Terms

Thank you for viewing the detailed overview of Standard Supply AS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Standard Supply AS (OSL:STSU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Standard Supply AS (OSL:STSU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

D6Z:Germany

Address

Sjolyst Plass 2, Oslo, NOR, 0278

Website

https://www.standard-supply.com

Standard Supply AS is a holding company for companies holding various offshore support vessels focusing on operations in the North Sea region. The company owns approximately a fleet of 8 platform supply vessels (3 wholly owned and 5 partially owned through Northern Supply AS), serving the offshore oil & gas industry. It engages in acquiring and operating offshore supply vessels , also through active investments and investment in vessels, and other investments.

Standard Supply AS (OSL:STSU) Headlines

No Headlines