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Bengal Energy (FRA:8BE) Days Payable : 544.29 (As of Mar. 2024)


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What is Bengal Energy Days Payable?

Bengal Energy's average Accounts Payable for the three months ended in Mar. 2024 was €1.95 Mil. Bengal Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.33 Mil. Hence, Bengal Energy's Days Payable for the three months ended in Mar. 2024 was 544.29.

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

FRA:8BE' s Days Payable Range Over the Past 10 Years
Min: 148.75   Med: 206   Max: 590.23
Current: 590.23

During the past 13 years, Bengal Energy's highest Days Payable was 590.23. The lowest was 148.75. And the median was 206.00.

FRA:8BE's Days Payable is ranked better than
91.66% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs FRA:8BE: 590.23

Bengal Energy's Days Payable increased from Mar. 2023 (532.44) to Mar. 2024 (544.29). It may suggest that Bengal Energy delayed paying its suppliers.


Bengal Energy Days Payable Historical Data

The historical data trend for Bengal Energy'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.

Bengal Energy Days Payable Chart

Bengal Energy Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 210.29 203.55 443.00 534.19 507.04

Bengal Energy 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 532.44 637.80 758.82 544.50 544.29

Competitive Comparison of Bengal Energy's Days Payable

For the Oil & Gas E&P subindustry, Bengal Energy'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.


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

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

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



Bengal Energy 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.

Bengal Energy's Days Payable for the fiscal year that ended in Mar. 2024 is calculated as

Days Payable (A: Mar. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2023 ) + Accounts Payable (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (1.631 + 1.753) / 2 ) / 1.218*365
=1.692 / 1.218*365
=507.04

Bengal Energy'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
=( (2.148 + 1.753) / 2 ) / 0.327*365 / 4
=1.9505 / 0.327*365 / 4
=544.29

* 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.


Bengal Energy Days Payable Related Terms

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Bengal Energy (FRA:8BE) Business Description

Traded in Other Exchanges
Address
715 - 5th Avenue S.W., Suite 1110, Calgary, AB, CAN, T2P 2X6
Bengal Energy Ltd is involved in the exploration, development, and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. Its producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.

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