Kunlun Energy Co (Kunlun Energy Co) Days Payable : 6.16 (As of Dec. 2023)

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

What is Kunlun Energy Co Days Payable?

Kunlun Energy Co's average Accounts Payable for the six months ended in Dec. 2023 was $375 Mil. Kunlun Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was $11,097 Mil. Hence, Kunlun Energy Co's Days Payable for the six months ended in Dec. 2023 was 6.16.

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

KUNUF' s Days Payable Range Over the Past 10 Years
Min: 6.65 Med: 11.31 Max: 20.67
Current: 6.65

During the past 13 years, Kunlun Energy Co's highest Days Payable was 20.67. The lowest was 6.65. And the median was 11.31.

KUNUF's Days Payable is ranked worse than
96.11% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs KUNUF: 6.65

Kunlun Energy Co's Days Payable declined from Dec. 2022 (7.63) to Dec. 2023 (6.16). It may suggest that Kunlun Energy Co accelerated paying its suppliers.

Kunlun Energy Co Days Payable Historical Data

The historical data trend for Kunlun Energy 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.

Kunlun Energy Co Days Payable Chart

Kunlun Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

10.62

10.44

9.80

8.00

6.99

Kunlun Energy Co 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															9.04	8.26	7.63	6.85	6.16

Competitive Comparison of Kunlun Energy Co's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Kunlun Energy 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.

Kunlun Energy Co's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Kunlun Energy Co's Days Payable falls into.

Kunlun Energy 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.

Kunlun Energy Co'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
=	( (446.376	+	390.745)	/	2 )	/	21859.752	*	365
=	418.5605					/	21859.752	*	365
=	6.99

Kunlun Energy 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (358.589	+	390.745)	/	2 )	/	11097.449	*	365 / 2
=	374.667					/	11097.449	*	365 / 2
=	6.16

Kunlun Energy Co Days Payable Related Terms

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

Kunlun Energy Co (Kunlun Energy Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kunlun Energy Co Ltd (OTCPK:KUNUF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

KLYCY:USA 00135:Hong Kong CTJ1:Germany

Address

118 Connaught Road West, 39th Floor, Hong Kong, HKG

Website

https://www.kunlun.com.hk

Kunlun Energy Co Ltd is an integrated oil and gas service company. The firm is engaged in multiple activities which include exploration and production operations at its oils fields located internationally, operating natural gas pipeline mainly providing support services to the oil and gas industry, and offers processing and storage facilities of liquified natural gas(LNG), and sale of sale of LNG and liquified petroleum gas across China. The Group is engaged in a broad range of oil and gas related activities and derives its revenue from its four operating segments: Natural Gas Sales, Sales of LPG, LNG Processing and Terminal and Exploration and Production.

Kunlun Energy Co (Kunlun Energy Co) Headlines

From GuruFocus

Matthews China Fund Comments on Kunlun Energy Co Ltd

By Vera Yuan Vera Yuan • 04-29-2015

Matthews China Fund Q1 2015 Commentary

By Vera Yuan Vera Yuan • 04-29-2015