Magnus Energy Group (HAM:SHH1) Days Payable : 58.96 (As of Dec. 2021)

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What is Magnus Energy Group Days Payable?

Magnus Energy Group's average Accounts Payable for the three months ended in Dec. 2021 was €1.30 Mil. Magnus Energy Group's Cost of Goods Sold for the three months ended in Dec. 2021 was €2.01 Mil. Hence, Magnus Energy Group's Days Payable for the three months ended in Dec. 2021 was 58.96.

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

HAM:SHH1' s Days Payable Range Over the Past 10 Years
Min: 31.01 Med: 71.65 Max: 87.51
Current: 100.95

During the past 13 years, Magnus Energy Group's highest Days Payable was 87.51. The lowest was 31.01. And the median was 71.65.

HAM:SHH1's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 61.41 vs HAM:SHH1: 100.95

Magnus Energy Group's Days Payable increased from Sep. 2020 (53.65) to Dec. 2021 (58.96). It may suggest that Magnus Energy Group delayed paying its suppliers.

Magnus Energy Group Days Payable Historical Data

The historical data trend for Magnus Energy Group'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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Magnus Energy Group Days Payable Chart

Magnus Energy Group Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Days Payable

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67.56

76.10

32.32

30.70

25.21

Magnus Energy Group Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21
Days Payable	Get a 7-Day Free Trial															53.65	103.70	100.95	99.18	58.96

Competitive Comparison of Magnus Energy Group's Days Payable

For the Oil & Gas Equipment & Services subindustry, Magnus Energy Group'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.

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

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

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

Magnus Energy Group 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.

Magnus Energy Group's Days Payable for the fiscal year that ended in Jun. 2020 is calculated as

	Days Payable (A: Jun. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2019 )	+	Accounts Payable (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (0.952	+	0.241)	/	2 )	/	8.635	*	365
=	0.5965					/	8.635	*	365
=	25.21

Magnus Energy Group's Days Payable for the quarter that ended in Dec. 2021 is calculated as:

	Days Payable (Q: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2021 )	+	Accounts Payable (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (1.938	+	0.658)	/	2 )	/	2.009	*	365 / 4
=	1.298					/	2.009	*	365 / 4
=	58.96

Magnus Energy Group Days Payable Related Terms

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Magnus Energy Group (HAM:SHH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magnus Energy Group Ltd (HAM:SHH1) » Definitions » Days Payable

Comparable Companies

SGX:EB7 SGX:5OR SGX:42D SGX:557 SGX:578 SGX:5PL SGX:BLZ SGX:RF7 SGX:5G2 SGX:BDU SGX:M05 SGX:5NF SGX:5QT SGX:BLH SGX:BTP SGX:IX2 SGX:C13 SGX:5ME

Traded in Other Exchanges

N/A

Address

30 Cecil Street, No 19-08, Prudential Tower, Singapore, SGP, 049712

Website

https://www.magnusenergy.com.sg

Magnus Energy Group Ltd through its subsidiaries is engaged in the distribution of oil and gas equipment and trades renewable energy and natural resources. The company reportable segments are Oilfield equipment supply and services, Waste water treatment, Renewable energy, Drilling services, EPCC services and Investment holding.. It generates maximum revenue from Oilfield equipment supply and services segment. The company operates in Singapore, Australia, Malaysia, Indonesia, United States of America, United Arab Emirates and others.

Magnus Energy Group (HAM:SHH1) Headlines

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