Australis Oil & Gas (ASX:ATS) Days Payable : 156.84 (As of Dec. 2023)

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What is Australis Oil & Gas Days Payable?

Australis Oil & Gas's average Accounts Payable for the six months ended in Dec. 2023 was A$8.34 Mil. Australis Oil & Gas's Cost of Goods Sold for the six months ended in Dec. 2023 was A$9.70 Mil. Hence, Australis Oil & Gas's Days Payable for the six months ended in Dec. 2023 was 156.84.

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

ASX:ATS' s Days Payable Range Over the Past 10 Years
Min: 69 Med: 195.73 Max: 261.82
Current: 154.66

During the past 8 years, Australis Oil & Gas's highest Days Payable was 261.82. The lowest was 69.00. And the median was 195.73.

ASX:ATS's Days Payable is ranked better than
77.86% of 899 companies
in the Oil & Gas industry
Industry Median: 61.11 vs ASX:ATS: 154.66

Australis Oil & Gas's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (156.84). It may suggest that Australis Oil & Gas delayed paying its suppliers.

Australis Oil & Gas Days Payable Historical Data

The historical data trend for Australis 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.

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Australis Oil & Gas Days Payable Chart

Australis Oil & Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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239.59

252.50

124.90

151.86

Australis Oil & Gas Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial										132.48	135.64	-	155.12	156.84

Competitive Comparison of Australis Oil & Gas's Days Payable

For the Oil & Gas E&P subindustry, Australis 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.

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

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

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

Australis 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.

Australis Oil & Gas'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
=	( (0	+	8.199)	/	1 )	/	19.707	*	365
=	8.199					/	19.707	*	365
=	151.86

Australis Oil & Gas'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
=	( (8.48	+	8.199)	/	2 )	/	9.704	*	365 / 2
=	8.3395					/	9.704	*	365 / 2
=	156.84

Australis Oil & Gas Days Payable Related Terms

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Australis Oil & Gas (ASX:ATS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Australis Oil & Gas Ltd (ASX:ATS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

215 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008

Website

https://www.australisoil.com

Australis Oil & Gas Ltd engages in oil and gas exploration, development, and production activities. The company operates through Oil & Gas Production, Exploration, and Other segments. The Oil & Gas Production segment earns the majority of revenue.