BANL (CBL International) Days Payable : 23.65 (As of Jun. 2024)

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What is CBL International Days Payable?

CBL International's average Accounts Payable for the six months ended in Jun. 2024 was $35.6 Mil. CBL International's Cost of Goods Sold for the six months ended in Jun. 2024 was $274.5 Mil. Hence, CBL International's Days Payable for the six months ended in Jun. 2024 was 23.65.

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

BANL' s Days Payable Range Over the Past 10 Years
Min: 12.45 Med: 18.94 Max: 28.92
Current: 23.34

During the past 4 years, CBL International's highest Days Payable was 28.92. The lowest was 12.45. And the median was 18.94.

BANL's Days Payable is ranked worse than
83.96% of 879 companies
in the Oil & Gas industry
Industry Median: 60.34 vs BANL: 23.34

CBL International's Days Payable increased from Jun. 2023 (19.60) to Jun. 2024 (23.65). It may suggest that CBL International delayed paying its suppliers.

CBL International Days Payable Historical Data

The historical data trend for CBL International'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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CBL International Days Payable Chart

CBL International Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

28.92

20.81

12.45

17.07

CBL International Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial			16.13	14.50	19.60	20.91	23.65

Competitive Comparison of CBL International's Days Payable

For the Oil & Gas Midstream subindustry, CBL International'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.

CBL International's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where CBL International's Days Payable falls into.

CBL International 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.

CBL International'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
=	( (12.653	+	27.453)	/	2 )	/	428.687	*	365
=	20.053					/	428.687	*	365
=	17.07

CBL International's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (27.453	+	43.685)	/	2 )	/	274.516	*	365 / 2
=	35.569					/	274.516	*	365 / 2
=	23.65

CBL International Days Payable Related Terms

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CBL International Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CBL International Ltd (NAS:BANL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 23-2 Permata Sapura, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088

Website

https://www.banle-intl.com

CBL International Ltd is a company that provides a complete range of marine fuel logistics services. It sources the highest quality marine fuel from its trusted suppliers and ensures timely delivery to its customers. The company's expertise lies in providing a seamless and efficient one-stop solution for vessel refueling needs, making it a reliable partner for shipping companies. CBL International Ltd has a strong presence in China, Hong Kong, and Malaysia.

Executives

Logeswaran Ramasamy	director	95 JALAN TAMING INDAH 2, TAMAN TAMING INDAH, BANDAR SUNGAI LONG, 43000 KAJANG N8 68100
Kam Choy Ho	director, 10 percent owner	FLAT 2, 22/F, BLOCK 46, HENG FA CHUEN, CHAI WAN K3 0000
Ulf Lothar Naujeck	director	NYSWANDERWEG 13, HAMBURG 2M 22523
Chiu Sing Chung Raymond	officer: Chief Financial Officer	ROOM 2101, 21/F, PRINCESS MANSION, 165 KING'S ROAD, NORTH POINT K3 0000
Cbl (asia) Ltd	10 percent owner	ROOM 1213, 12/F, TOWER A, HUNGHOM COMMERCIAL CENTRE, 39 MA TAU WAI ROAD, HUNGHOM K3 0000
Teck Lim Chia	director, 10 percent owner, officer: Chief Executive Officer	FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000
Straits Energy Resources Berhad	10 percent owner	B-07-06, PLAZA MONT KIARA, 2, JALAN KIARA, MONT KIARA, 50480 KUALA LUMPUR N8 50480
Khai Fei Wong	director	33, LRG 14/2, SEKSYEN 14, PETALING JAYA N8 46100
Koon Liang Ong	director	1-3-6, SEGAR VIEW CONDOMINIUM, JLN 5/100A, TMN SEGAR, WILAYAH PERSEKUTUAN N8 56100
Cheah Karen Yee Lynn	director	17D-1-2, CASAVISTA CONDOMINIUM, JALAN PENAGA, BANGSAR, KUALA LUMPUR N8 59000
Xiaoling Lu	10 percent owner	FLAT B, 16/F, TOWER 3, ULTIMA, 23 FAT KWONG STREET, HO MAN TIN, KOWLOON K3 0000