Deep Energy Resources (BOM:532760) Days Payable : 31,778.16 (As of Dec. 2023)

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What is Deep Energy Resources Days Payable?

Deep Energy Resources's average Accounts Payable for the three months ended in Dec. 2023 was ₹1,359.6 Mil. Deep Energy Resources's Cost of Goods Sold for the three months ended in Dec. 2023 was ₹3.9 Mil. Hence, Deep Energy Resources's Days Payable for the three months ended in Dec. 2023 was 31,778.16.

The historical rank and industry rank for Deep Energy Resources's Days Payable or its related term are showing as below:

BOM:532760' s Days Payable Range Over the Past 10 Years
Min: 43.63 Med: 9463.44 Max: 125313.86
Current: 2187.95

During the past 13 years, Deep Energy Resources's highest Days Payable was 125313.86. The lowest was 43.63. And the median was 9463.44.

BOM:532760's Days Payable is ranked better than
96.77% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs BOM:532760: 2187.95

Deep Energy Resources's Days Payable increased from Dec. 2022 (1,256.70) to Dec. 2023 (31,778.16). It may suggest that Deep Energy Resources delayed paying its suppliers.

Deep Energy Resources Days Payable Historical Data

The historical data trend for Deep Energy Resources'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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Deep Energy Resources Days Payable Chart

Deep Energy Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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125,313.86

75,968.70

17,376.27

48,612.59

1,550.61

Deep Energy Resources 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															1,256.70	609.33	45,012.37	38,137.70	31,778.16

Competitive Comparison of Deep Energy Resources's Days Payable

For the Oil & Gas Equipment & Services subindustry, Deep Energy Resources'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.

Deep Energy Resources's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Deep Energy Resources's Days Payable falls into.

Deep Energy Resources 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.

Deep Energy Resources's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (1112.081	+	1259.853)	/	2 )	/	279.167	*	365
=	1185.967					/	279.167	*	365
=	1,550.61

Deep Energy Resources'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
=	( (1359.583	+	0)	/	1 )	/	3.904	*	365 / 4
=	1359.583					/	3.904	*	365 / 4
=	31,778.16

Deep Energy Resources Days Payable Related Terms

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Deep Energy Resources (BOM:532760) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Deep Energy Resources Ltd (BOM:532760) » Definitions » Days Payable

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DEEPENR:India

Address

Ambli Bopal Road, 12A and 14, Abhishree Corporate Park, Ambli, Ahmedabad, GJ, IND, 380058

Website

https://www.deepindustries.com

Deep Energy Resources Ltd is a diversified oil and gas company with business interest in air and gas compression, workover, drilling, gas dehydration and oil, and gas exploration and production. It is involved in providing support activities for petroleum and natural gas mining. It is also involved in the exploration and production of coal bed methane. The company also provides high-pressure air and gas compression and gas dehydration services on a charter hire basis.

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