Global Petroleum (ASX:GBP) Days Payable : 1,028.08 (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Global Petroleum Days Payable?

Global Petroleum's average Accounts Payable for the six months ended in Dec. 2023 was A$0.08 Mil. Global Petroleum's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.02 Mil. Hence, Global Petroleum's Days Payable for the six months ended in Dec. 2023 was 1,028.08.

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

ASX:GBP' s Days Payable Range Over the Past 10 Years
Min: 2121.56 Med: 3558.75 Max: 30295
Current: 2121.56

During the past 13 years, Global Petroleum's highest Days Payable was 30295.00. The lowest was 2121.56. And the median was 3558.75.

ASX:GBP's Days Payable is ranked better than
96.77% of 899 companies
in the Oil & Gas industry
Industry Median: 61.13 vs ASX:GBP: 2121.56

Global Petroleum's Days Payable declined from Jun. 2022 (4,562.50) to Dec. 2023 (1,028.08). It may suggest that Global Petroleum accelerated paying its suppliers.

Global Petroleum Days Payable Historical Data

The historical data trend for Global Petroleum'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.

Global Petroleum Days Payable Chart

Global Petroleum Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Days Payable

Get a 7-Day Free Trial

53,290.00

50,370.00

3,954.17

2,828.75

3,193.75

Global Petroleum Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Days Payable	Get a 7-Day Free Trial															5,809.58	5,231.67	4,562.50	4,836.25	1,028.08

Competitive Comparison of Global Petroleum's Days Payable

For the Oil & Gas E&P subindustry, Global Petroleum'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.

Global Petroleum's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Global Petroleum's Days Payable falls into.

Global Petroleum 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.

Global Petroleum's Days Payable for the fiscal year that ended in Jun. 2022 is calculated as

	Days Payable (A: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2021 )	+	Accounts Payable (A: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2022 )	*	Days in Period
=	( (0.046	+	0.024)	/	2 )	/	0.004	*	365
=	0.035					/	0.004	*	365
=	3,193.75

Global Petroleum'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: Dec. 2022 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.135	+	0.034)	/	2 )	/	0.015	*	365 / 2
=	0.0845					/	0.015	*	365 / 2
=	1,028.08

Global Petroleum Days Payable Related Terms

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

Global Petroleum (ASX:GBP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Global Petroleum Ltd (ASX:GBP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GBP:UK

Address

C/- DW Accounting & Advisory Pty Ltd, 91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.globalpetroleum.com.au

Global Petroleum Ltd is an Australia-based oil and gas, upstream exploration company. The principal activities of the company include exploration, development, and production of oil and gas properties. The company's principal assets are two exploration blocks located offshore Namibia. The company mainly focuses on Africa and the Mediterranean. It holds interests in petroleum exploration license number 29, covering offshore blocks 1910B and 2010A in the Walvis Basin, Namibia.

Global Petroleum (ASX:GBP) Headlines

No Headlines