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Efora Energy (JSE:EEL) Days Payable : 21.41 (As of Aug. 2023)


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What is Efora Energy Days Payable?

Efora Energy's average Accounts Payable for the six months ended in Aug. 2023 was R2.86 Mil. Efora Energy's Cost of Goods Sold for the six months ended in Aug. 2023 was R24.37 Mil. Hence, Efora Energy's Days Payable for the six months ended in Aug. 2023 was 21.41.

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

JSE:EEL' s Days Payable Range Over the Past 10 Years
Min: 4.27   Med: 32.66   Max: 956.25
Current: 38.73

During the past 13 years, Efora Energy's highest Days Payable was 956.25. The lowest was 4.27. And the median was 32.66.

JSE:EEL's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 61.41 vs JSE:EEL: 38.73

Efora Energy's Days Payable increased from Aug. 2022 (0.00) to Aug. 2023 (21.41). It may suggest that Efora Energy delayed paying its suppliers.


Efora Energy Days Payable Historical Data

The historical data trend for Efora 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.

Efora Energy Days Payable Chart

Efora Energy Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.43 21.52 32.66 956.25 34.40

Efora Energy Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 478.11 - - 62.30 21.41

Competitive Comparison of Efora Energy's Days Payable

For the Oil & Gas E&P subindustry, Efora 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.


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

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

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



Efora 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.

Efora Energy's Days Payable for the fiscal year that ended in Feb. 2023 is calculated as

Days Payable (A: Feb. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2022 ) + Accounts Payable (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (0 + 0.711) / 1 ) / 7.545*365
=0.711 / 7.545*365
=34.40

Efora Energy's Days Payable for the quarter that ended in Aug. 2023 is calculated as:

Days Payable (Q: Aug. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2023 ) + Accounts Payable (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*Days in Period
=( (0.711 + 5.006) / 2 ) / 24.366*365 / 2
=2.8585 / 24.366*365 / 2
=21.41

* 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.


Efora Energy Days Payable Related Terms

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Efora Energy (JSE:EEL) Business Description

Traded in Other Exchanges
N/A
Address
Leslie Avenue, 2nd Floor, Building 11, Design Quarter District, Fourways, Johannesburg, GT, ZAF, 2191
Efora Energy Ltd is an African oil and gas company. It has a diverse portfolio of assets spanning production in Egypt; exploration and appraisal in the Democratic Republic of Congo, Malawi and Botswana; and midstream projects including a crude trading allocation in Nigeria and a terminal project in Equatorial Guinea. The operations of the Group comprise oil and gas exploration and production, crude trading, and the sale of petroleum products. It derives majority revenue from the sale of petroleum products.

Efora Energy (JSE:EEL) Headlines

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