AVACF (Avance Gas Holding) Days Payable: 0.00 (As of Mar. 2025)

What is Avance Gas Holding Days Payable?

Avance Gas Holding AVACF Days Payable is 0.00 as of Mar. 2025.

Avance Gas Holding's average Accounts Payable for the three months ended in Mar. 2025 was $0.2 Mil. Avance Gas Holding's Cost of Goods Sold for the three months ended in Mar. 2025 was $-0.0 Mil.

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

AVACF's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

Avance Gas Holding's Days Payable declined from Mar. 2024 (12.46) to Mar. 2025 (0.00). It may suggest that Avance Gas Holding accelerated paying its suppliers.

Avance Gas Holding Days Payable Related Terms

Avance Gas Holding Days Payable Historical Data

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The historical data trend for Avance Gas Holding'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.

Avance Gas Holding Days Payable Chart

Avance Gas Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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21.93

12.33

14.00

10.02

6.33

Avance Gas Holding Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															12.46	15.47	19.85	13.73	0.00

AVACF vs FOMI, WMB, EPD: Days Payable Comparison

For the Oil & Gas Midstream subindustry, Avance Gas Holding'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.

Avance Gas Holding Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Avance Gas Holding's Days Payable falls into.

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Avance Gas Holding 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.

Avance Gas Holding's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (4.433	+	0.228)	/	2 )	/	134.481	*	365
=	2.3305					/	134.481	*	365
=	6.33

Avance Gas Holding's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (0.228	+	0.145)	/	2 )	/	-0.008	*	365 / 4
=	0.1865					/	-0.008	*	365 / 4
=	N/A

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 0.00 mean?

Avance Gas Holding (AVACF) has a Days Payable of 0.00 as of Mar. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Avance Gas Holding and its competitors.

Is Avance Gas Holding's Days Payable too high?

Avance Gas Holding's current Days Payable is 0.00.

How does Avance Gas Holding's Days Payable compare to FOMI and WMB?

Avance Gas Holding's Days Payable of 0.00 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Payable for an Oil & Gas company?

The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Payable mean?

A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Avance Gas Holding and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avance Gas Holding's current Days Payable is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Avance Gas Holding stock overvalued right now?

Avance Gas Holding (AVACF) has a current Days Payable of 0.00. The current Days Payable is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Payable calculated?

Days Payable is calculated from a company's financial statements. For Avance Gas Holding (AVACF), the current Days Payable is 0.00 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avance Gas Holding Business Description

Industry Energy Oil & Gas

Comparable Companies FOMI TSX:ENB WMB EPD KMI ET TSX:TRP MPLX OKE LNG TRGP CQP VG TSX:PPL WES PAA SHSE:601872 DTM HKSE:01138 TSX:ALA

Address 14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08

Website https://www.avancegas.com

Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.