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Hermitage Offshore Services (FRA:N5OA) Days Payable : 30.72 (As of Mar. 2020)


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What is Hermitage Offshore Services Days Payable?

Hermitage Offshore Services's average Accounts Payable for the three months ended in Mar. 2020 was €4.13 Mil. Hermitage Offshore Services's Cost of Goods Sold for the three months ended in Mar. 2020 was €12.25 Mil. Hence, Hermitage Offshore Services's Days Payable for the three months ended in Mar. 2020 was 30.72.

The historical rank and industry rank for Hermitage Offshore Services's Days Payable or its related term are showing as below:

FRA:N5OA's Days Payable is not ranked *
in the Transportation industry.
Industry Median: 38.97
* Ranked among companies with meaningful Days Payable only.

Hermitage Offshore Services's Days Payable increased from Mar. 2019 (14.54) to Mar. 2020 (30.72). It may suggest that Hermitage Offshore Services delayed paying its suppliers.


Hermitage Offshore Services Days Payable Historical Data

The historical data trend for Hermitage Offshore Services'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.

Hermitage Offshore Services Days Payable Chart

Hermitage Offshore Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial 6.40 6.57 9.34 9.55 -

Hermitage Offshore Services Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 14.54 32.98 27.26 - 30.72

Competitive Comparison of Hermitage Offshore Services's Days Payable

For the Marine Shipping subindustry, Hermitage Offshore Services'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.


Hermitage Offshore Services's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hermitage Offshore Services's Days Payable distribution charts can be found below:

* The bar in red indicates where Hermitage Offshore Services's Days Payable falls into.



Hermitage Offshore Services 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.

Hermitage Offshore Services's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (1.173 + 4.597) / 2 ) / 0*365
=2.885 / 0*365
=N/A

Hermitage Offshore Services's Days Payable for the quarter that ended in Mar. 2020 is calculated as:

Days Payable (Q: Mar. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2019 ) + Accounts Payable (Q: Mar. 2020 )) / count ) / Cost of Goods Sold (Q: Mar. 2020 )*Days in Period
=( (4.597 + 3.653) / 2 ) / 12.252*365 / 4
=4.125 / 12.252*365 / 4
=30.72

* 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.


Hermitage Offshore Services Days Payable Related Terms

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Hermitage Offshore Services (FRA:N5OA) Business Description

Traded in Other Exchanges
N/A
Address
27 Reid Street, LOM Building, Hamilton, BMU, HM 11
Hermitage Offshore Services Ltd is a platform supply vessel company. The company owns and operates platform supply vessels in the North Sea and in West Africa. Its operating segment is the offshore support vessel market. All the company's vessels operate in the North Sea in both the term and spot market. Its vessels are considered homogeneous and interchangeable as it has approximately the same cargo deck area and capacity.

Hermitage Offshore Services (FRA:N5OA) Headlines

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