BW LPG (BW LPG) Days Payable : 22.81 (As of Dec. 2023)

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What is BW LPG Days Payable?

BW LPG's average Accounts Payable for the three months ended in Dec. 2023 was $177 Mil. BW LPG's Cost of Goods Sold for the three months ended in Dec. 2023 was $706 Mil. Hence, BW LPG's Days Payable for the three months ended in Dec. 2023 was 22.81.

The historical rank and industry rank for BW LPG's Days Payable or its related term are showing as below:

BWLLY' s Days Payable Range Over the Past 10 Years
Min: 3.97 Med: 18.2 Max: 28.31
Current: 25.86

During the past 13 years, BW LPG's highest Days Payable was 28.31. The lowest was 3.97. And the median was 18.20.

BWLLY's Days Payable is ranked worse than
71.78% of 932 companies
in the Transportation industry
Industry Median: 39.565 vs BWLLY: 25.86

BW LPG's Days Payable increased from Dec. 2022 (21.88) to Dec. 2023 (22.81). It may suggest that BW LPG delayed paying its suppliers.

BW LPG Days Payable Historical Data

The historical data trend for BW LPG'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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BW LPG Days Payable Chart

BW LPG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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4.71

4.61

7.64

28.80

29.10

BW LPG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															21.88	25.85	41.34	17.67	22.81

Competitive Comparison of BW LPG's Days Payable

For the Marine Shipping subindustry, BW LPG'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.

BW LPG's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, BW LPG's Days Payable distribution charts can be found below:

* The bar in red indicates where BW LPG's Days Payable falls into.

BW LPG 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.

BW LPG'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
=	( (165.859	+	222.005)	/	2 )	/	2432.446	*	365
=	193.932					/	2432.446	*	365
=	29.10

BW LPG'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
=	( (131.21	+	222.005)	/	2 )	/	706.353	*	365 / 4
=	176.6075					/	706.353	*	365 / 4
=	22.81

BW LPG Days Payable Related Terms

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BW LPG (BW LPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » BW LPG Ltd (OTCPK:BWLLY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BWLLF:USA BWLPGo:Sweden BWLPG:Norway BWLPGo:UK 0QIX:UK BW9:Germany

Address

10 Pasir Panjang Road, Mapletree Business City, No.17-02, Singapore, SGP, 117438

Website

https://www.bwlpg.com

BW LPG Ltd is a transportation and logistics company that ships liquified petroleum gas through its fleet of maritime vessels. Liquified petroleum gas is used in homes, agriculture, transportation, and chemical production. The company is organized into two main segments: The shipping segment and the product services segment which buy and sell liquid petroleum gas and deliver it to customers.

BW LPG (BW LPG) Headlines

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