Padma Oil Co (DHA:PADMAOIL) Days Payable

: 62,764.20 (As of Dec. 2023)

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Padma Oil Co's average Accounts Payable for the three months ended in Dec. 2023 was BDT42,424 Mil. Padma Oil Co's Cost of Goods Sold for the three months ended in Dec. 2023 was BDT62 Mil. Hence, Padma Oil Co's Days Payable for the three months ended in Dec. 2023 was 62,764.20.

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

DHA:PADMAOIL' s Days Payable Range Over the Past 10 Years
Min: 17.16 Med: 70.26 Max: 17285.37
Current: 38.3

During the past 13 years, Padma Oil Co's highest Days Payable was 17285.37. The lowest was 17.16. And the median was 70.26.

DHA:PADMAOIL's Days Payable is ranked worse than
68.41% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs DHA:PADMAOIL: 38.30

Padma Oil Co's Days Payable increased from Dec. 2022 (33,914.42) to Dec. 2023 (62,764.20). It may suggest that Padma Oil Co delayed paying its suppliers.

Padma Oil Co Days Payable Historical Data

The historical data trend for Padma Oil Co'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.

Padma Oil Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

75.17

Padma Oil Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																33,914.42	32,738.56	9.09	57,003.00	62,764.20

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Padma Oil Co'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.

Padma Oil Co Days Payable Distribution

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

* The bar in red indicates where Padma Oil Co's Days Payable falls into.

Padma Oil Co 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.

Padma Oil Co's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	330394.451	*	365
=	0					/	330394.451	*	365
=	0.00

Padma Oil Co'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
=	( (42338.394	+	42509.176)	/	2 )	/	61.678	*	365 / 4
=	42423.785					/	61.678	*	365 / 4
=	62,764.20

Padma Oil Co Days Payable Related Terms

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Padma Oil Co (DHA:PADMAOIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Padma Oil Co Ltd (DHA:PADMAOIL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Strand Road, Padma Bhaban, Sadarghat, Chattogram, BGD, 4000

Website

http://www.pocl.gov.bd

Padma Oil Co Ltd is engaged in the procurement, storage, and marketing of petroleum products, lubricants, greases, bitumen, and LPG. The company operates in five segments namely Petroleum products: Includes the company's earnings from marketing of Petroleum products; Lubricating Oil & Grease: Includes the company's income from treading lubricating oil & grease; Bitumen: Includes the company's earnings from marketing of bitumen; LPG: Includes the company's earnings from marketing of LPG; and Agro-Chemicals products: Includes the company's income from trading imported Agro-Chemicals products. The company derives maximum revenue from Petroleum Products segment. It is also engaged in the production and marketing of agrochemical segment.

Padma Oil Co (DHA:PADMAOIL) Headlines

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