United Energy Group (United Energy Group) Days Payable : 131.65 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is United Energy Group Days Payable?

United Energy Group's average Accounts Payable for the six months ended in Dec. 2023 was $506 Mil. United Energy Group's Cost of Goods Sold for the six months ended in Dec. 2023 was $701 Mil. Hence, United Energy Group's Days Payable for the six months ended in Dec. 2023 was 131.65.

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

UNEGF' s Days Payable Range Over the Past 10 Years
Min: 30.92 Med: 77.28 Max: 162.45
Current: 113.12

During the past 13 years, United Energy Group's highest Days Payable was 162.45. The lowest was 30.92. And the median was 77.28.

UNEGF's Days Payable is ranked better than
69.92% of 901 companies
in the Oil & Gas industry
Industry Median: 59.19 vs UNEGF: 113.12

United Energy Group's Days Payable increased from Dec. 2022 (33.56) to Dec. 2023 (131.65). It may suggest that United Energy Group delayed paying its suppliers.

United Energy Group Days Payable Historical Data

The historical data trend for United Energy Group'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.

United Energy Group Days Payable Chart

United Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

79.44

60.46

33.97

30.90

144.62

United Energy Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															22.01	18.63	33.56	46.39	131.65

Competitive Comparison of United Energy Group's Days Payable

For the Oil & Gas E&P subindustry, United Energy Group'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.

United Energy Group's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where United Energy Group's Days Payable falls into.

United Energy Group 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.

United Energy Group'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
=	( (77.919	+	850.692)	/	2 )	/	1171.84	*	365
=	464.3055					/	1171.84	*	365
=	144.62

United Energy Group'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (160.716	+	850.692)	/	2 )	/	701.038	*	365 / 2
=	505.704					/	701.038	*	365 / 2
=	131.65

United Energy Group Days Payable Related Terms

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

United Energy Group (United Energy Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » United Energy Group Ltd (OTCPK:UNEGF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

00467:Hong Kong 1UEN:Germany

Address

Two Pacific Place, 88 Queensway, Admiralty, Suite 2505, 25th Floor, Hong Kong, HKG

Website

http://www.uegl.com.hk

United Energy Group Ltd is principally engaged in the investment and operation of upstream oil, natural gas, and other energy-related businesses. Geographically, the firm has operational footprints in Pakistan, Singapore, Egypt, and Iraq. Though the company generates majority of its revenue in Pakistan, Its oil and natural gas resources are the primary sources of revenue.

United Energy Group (United Energy Group) Headlines

No Headlines