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Victoria Oil & Gas (Victoria Oil & Gas) Days Payable : 637.50 (As of Jun. 2021)


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What is Victoria Oil & Gas Days Payable?

Victoria Oil & Gas's average Accounts Payable for the six months ended in Jun. 2021 was $5.35 Mil. Victoria Oil & Gas's Cost of Goods Sold for the six months ended in Jun. 2021 was $1.53 Mil. Hence, Victoria Oil & Gas's Days Payable for the six months ended in Jun. 2021 was 637.50.

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

VCOGF's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 61.41
* Ranked among companies with meaningful Days Payable only.

Victoria Oil & Gas's Days Payable increased from Jun. 2020 (333.60) to Jun. 2021 (637.50). It may suggest that Victoria Oil & Gas delayed paying its suppliers.


Victoria Oil & Gas Days Payable Historical Data

The historical data trend for Victoria Oil & 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.

* Premium members only.

Victoria Oil & Gas Days Payable Chart

Victoria Oil & Gas Annual Data
Trend May11 May12 May13 May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.26 102.12 224.81 72.98 358.21

Victoria Oil & Gas Semi-Annual Data
Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 115.98 26.95 333.60 347.45 637.50

Competitive Comparison of Victoria Oil & Gas's Days Payable

For the Oil & Gas Integrated subindustry, Victoria Oil & 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.


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

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

* The bar in red indicates where Victoria Oil & Gas's Days Payable falls into.



Victoria Oil & 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.

Victoria Oil & Gas's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (2.842 + 4.173) / 2 ) / 3.574*365
=3.5075 / 3.574*365
=358.21

Victoria Oil & Gas's Days Payable for the quarter that ended in Jun. 2021 is calculated as:

Days Payable (Q: Jun. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Jun. 2021 )) / count ) / Cost of Goods Sold (Q: Jun. 2021 )*Days in Period
=( (4.173 + 6.523) / 2 ) / 1.531*365 / 2
=5.348 / 1.531*365 / 2
=637.50

* 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.


Victoria Oil & Gas Days Payable Related Terms

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Victoria Oil & Gas (Victoria Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
Scott House, Suite 1 The Concourse, Waterloo Station, GBR, SE1 7LY
Victoria Oil & Gas PLC is a UK-based company that operates a fully integrated domestic natural gas production and distribution business and supplies industry in the port city of Douala, Cameroon. The principal activities of the company include exploration, production, and distribution and the sale of hydrocarbons and related activities. It focuses on the development of the Logbaba gas and condensate field to supply gas to its customers and the expansion of the gas pipeline distribution network. The company's operating segments are Cameroon, Russia & Kazakhstan, and Corporate. Most of the company's revenue is generated from Cameroon.

Victoria Oil & Gas (Victoria Oil & Gas) Headlines

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