Efora Energy (JSE:EEL) Days Payable: 89.71 (As of Aug. 2024)

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JSE:EEL Efora Energy Ltd JSE:EEL
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What is Efora Energy Days Payable?

Efora Energy JSE:EEL 11 Days Payable is 89.71 as of Aug. 2024. GuruFocus rates JSE:EEL with a GF Score™ of 11/100.

Efora Energy's average Accounts Payable for the six months ended in Aug. 2024 was R1.31 Mil. Efora Energy's Cost of Goods Sold for the six months ended in Aug. 2024 was R2.66 Mil. Hence, Efora Energy's Days Payable for the six months ended in Aug. 2024 was 89.71.

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 is not ranked *
in the Oil & Gas industry.
Industry Median: 58.035
* Ranked among companies with meaningful Days Payable only.

Efora Energy's Days Payable increased from Aug. 2023 (21.41) to Aug. 2024 (89.71). It may suggest that Efora Energy delayed paying its suppliers.


Efora Energy Days Payable Historical Data

* Premium members only.

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.

Efora Energy Days Payable Chart

Efora Energy Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.52 32.66 956.25 34.40 13.03

Efora Energy Semi-Annual Data
Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.00 62.30 21.41 40.01 89.71

JSE:EEL vs COP, EOG, OXY: Days Payable Comparison

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 Days Payable vs 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.


JSE:EEL
11GF Score
Efora Energy Ltd JSE:EEL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2024 is calculated as

Days Payable (A: Feb. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2023 ) + Accounts Payable (A: Feb. 2024 )) / count ) / Cost of Goods Sold (A: Feb. 2024 )*Days in Period
=( (0.711 + 2.203) / 2 ) / 40.806*365
=1.457 / 40.806*365
=13.03

Efora Energy's Days Payable for the quarter that ended in Aug. 2024 is calculated as:

Days Payable (Q: Aug. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Feb. 2024 ) + Accounts Payable (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (2.203 + 0.414) / 2 ) / 2.662*365 / 2
=1.3085 / 2.662*365 / 2
=89.71

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 89.71 mean?
Efora Energy (JSE:EEL) has a Days Payable of 89.71 as of Aug. 2024. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Efora Energy and its competitors.
Is Efora Energy's Days Payable too high?
Efora Energy's current Days Payable is 89.71. The Oil & Gas industry median Days Payable is 58.04. Efora Energy's value of 89.71 is 54.6% above this industry median. Overall, Efora Energy has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Efora Energy's Days Payable compare to COP and EOG?
Efora Energy's Days Payable of 89.71 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 58.04. Efora Energy's value of 89.71 is 54.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 58.04, based on 850 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Efora Energy's current Days Payable of 89.71 is 54.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Efora Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 58.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Efora Energy's current Days Payable is 89.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Efora Energy stock overvalued right now?
Efora Energy (JSE:EEL) has a current Days Payable of 89.71. The current Days Payable is 89.71 and 54.6% above the Oil & Gas industry median of 58.04. Efora Energy's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Efora Energy (JSE:EEL), the current Days Payable is 89.71 as of Aug. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Efora Energy Business Description

Industry EnergyOil & Gas
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 the majority of its revenue from the sale of petroleum products.
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