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Chevron Lubricants Lanka (COL:LLUB.N0000) Days Payable : 43.02 (As of Mar. 2024)


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What is Chevron Lubricants Lanka Days Payable?

Chevron Lubricants Lanka's average Accounts Payable for the three months ended in Mar. 2024 was රු2,108 Mil. Chevron Lubricants Lanka's Cost of Goods Sold for the three months ended in Mar. 2024 was රු4,470 Mil. Hence, Chevron Lubricants Lanka's Days Payable for the three months ended in Mar. 2024 was 43.02.

The historical rank and industry rank for Chevron Lubricants Lanka's Days Payable or its related term are showing as below:

COL:LLUB.N0000' s Days Payable Range Over the Past 10 Years
Min: 39.67   Med: 60.32   Max: 109.58
Current: 60.8

During the past 13 years, Chevron Lubricants Lanka's highest Days Payable was 109.58. The lowest was 39.67. And the median was 60.32.

COL:LLUB.N0000's Days Payable is ranked worse than
50.61% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs COL:LLUB.N0000: 60.80

Chevron Lubricants Lanka's Days Payable declined from Mar. 2023 (79.66) to Mar. 2024 (43.02). It may suggest that Chevron Lubricants Lanka accelerated paying its suppliers.


Chevron Lubricants Lanka Days Payable Historical Data

The historical data trend for Chevron Lubricants Lanka'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.

Chevron Lubricants Lanka Days Payable Chart

Chevron Lubricants Lanka Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.67 50.20 95.65 109.58 61.20

Chevron Lubricants Lanka Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 79.66 75.28 68.78 48.92 43.02

Competitive Comparison of Chevron Lubricants Lanka's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Chevron Lubricants Lanka'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.


Chevron Lubricants Lanka's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Chevron Lubricants Lanka's Days Payable falls into.



Chevron Lubricants Lanka 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.

Chevron Lubricants Lanka'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
=( (4357.928 + 950.531) / 2 ) / 15829.15*365
=2654.2295 / 15829.15*365
=61.20

Chevron Lubricants Lanka's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (950.531 + 3264.889) / 2 ) / 4470.199*365 / 4
=2107.71 / 4470.199*365 / 4
=43.02

* 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.


Chevron Lubricants Lanka Days Payable Related Terms

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Chevron Lubricants Lanka (COL:LLUB.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 200, Nawala Road, Level 16, MAGA ONE, Narahenpita, Colombo, LKA, 05
Chevron Lubricants Lanka PLC is engaged in the business of importing, blending, distributing and marketing lubricant oils and greases. It offers passenger vehicle engine oils, over four-stroke motorcycle engine oils, two-stroke and outboard engine oil, general-purpose automotive gear oils, automatic transmission oils and others under the Havoline brand. The company offers various services, such as in-service oil monitoring, drain interval optimization, lube specialist course, systematic failure analysis expertise, endoscope inspections and lubrication surveys.

Chevron Lubricants Lanka (COL:LLUB.N0000) Headlines

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