Bulgarian River Shipping AD (XBUL:BRP) Days Payable : 18.46 (As of Sep. 2023)

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What is Bulgarian River Shipping AD Days Payable?

Bulgarian River Shipping AD's average Accounts Payable for the three months ended in Sep. 2023 was лв0.71 Mil. Bulgarian River Shipping AD's Cost of Goods Sold for the three months ended in Sep. 2023 was лв3.52 Mil. Hence, Bulgarian River Shipping AD's Days Payable for the three months ended in Sep. 2023 was 18.46.

The historical rank and industry rank for Bulgarian River Shipping AD's Days Payable or its related term are showing as below:

XBUL:BRP' s Days Payable Range Over the Past 10 Years
Min: 9.74 Med: 80.29 Max: 135.19
Current: 13.11

During the past 13 years, Bulgarian River Shipping AD's highest Days Payable was 135.19. The lowest was 9.74. And the median was 80.29.

XBUL:BRP's Days Payable is ranked worse than
89.73% of 935 companies
in the Transportation industry
Industry Median: 39.02 vs XBUL:BRP: 13.11

Bulgarian River Shipping AD's Days Payable declined from Sep. 2022 (39.95) to Sep. 2023 (18.46). It may suggest that Bulgarian River Shipping AD accelerated paying its suppliers.

Bulgarian River Shipping AD Days Payable Historical Data

The historical data trend for Bulgarian River Shipping AD'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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Bulgarian River Shipping AD Days Payable Chart

Bulgarian River Shipping AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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69.34

26.58

13.07

14.31

9.74

Bulgarian River Shipping AD Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															39.95	6.71	14.21	20.37	18.46

Competitive Comparison of Bulgarian River Shipping AD's Days Payable

For the Marine Shipping subindustry, Bulgarian River Shipping AD'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.

Bulgarian River Shipping AD's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bulgarian River Shipping AD's Days Payable distribution charts can be found below:

* The bar in red indicates where Bulgarian River Shipping AD's Days Payable falls into.

Bulgarian River Shipping AD 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.

Bulgarian River Shipping AD's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.496	+	0.432)	/	2 )	/	17.39	*	365
=	0.464					/	17.39	*	365
=	9.74

Bulgarian River Shipping AD's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.864	+	0.558)	/	2 )	/	3.515	*	365 / 4
=	0.711					/	3.515	*	365 / 4
=	18.46

Bulgarian River Shipping AD Days Payable Related Terms

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Bulgarian River Shipping AD (XBUL:BRP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bulgarian River Shipping AD (XBUL:BRP) » Definitions » Days Payable

Traded in Other Exchanges

N/A

Address

Otetz Paisii Square 2, Ruse, BGR, 7000

Website

http://www.brp.bg

Bulgarian River Shipping AD operates in the transportation industry. The company provides ferry services for passengers, transport of mass and general cargos, transport non-dangerous goods and fuels, and transport of large-scale and concentrated loads.