Cnergyico Pk (KAR:CNERGY) Days Payable : 114.59 (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Cnergyico Pk Days Payable?

Cnergyico Pk's average Accounts Payable for the three months ended in Mar. 2024 was ₨63,817 Mil. Cnergyico Pk's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨50,820 Mil. Hence, Cnergyico Pk's Days Payable for the three months ended in Mar. 2024 was 114.59.

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

KAR:CNERGY' s Days Payable Range Over the Past 10 Years
Min: 62.32 Med: 97.8 Max: 131.67
Current: 109.85

During the past 13 years, Cnergyico Pk's highest Days Payable was 131.67. The lowest was 62.32. And the median was 97.80.

KAR:CNERGY's Days Payable is ranked better than
68.41% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs KAR:CNERGY: 109.85

Cnergyico Pk's Days Payable increased from Mar. 2023 (88.52) to Mar. 2024 (114.59). It may suggest that Cnergyico Pk delayed paying its suppliers.

Cnergyico Pk Days Payable Historical Data

The historical data trend for Cnergyico Pk'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.

Cnergyico Pk Days Payable Chart

Cnergyico Pk Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

Get a 7-Day Free Trial

83.65

80.40

104.55

120.24

100.59

Cnergyico Pk 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															88.52	112.91	142.14	77.47	114.59

Competitive Comparison of Cnergyico Pk's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Cnergyico Pk'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.

Cnergyico Pk's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cnergyico Pk's Days Payable falls into.

Cnergyico Pk 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.

Cnergyico Pk's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

	Days Payable (A: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jun. 2022 )	+	Accounts Payable (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (61391.441	+	51356.823)	/	2 )	/	204550.626	*	365
=	56374.132					/	204550.626	*	365
=	100.59

Cnergyico Pk'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
=	( (53562.95	+	74071.333)	/	2 )	/	50819.68	*	365 / 4
=	63817.1415					/	50819.68	*	365 / 4
=	114.59

Cnergyico Pk Days Payable Related Terms

Thank you for viewing the detailed overview of Cnergyico Pk's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Cnergyico Pk (KAR:CNERGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cnergyico Pk Ltd (KAR:CNERGY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marine Drive, The Harbour Front, 9th Floor, HC-3, Block 4, Dolmen City, Clifton, Karachi, SD, PAK, 75600

Website

http://www.byco.com.pk

Cnergyico Pk Ltd formerly Byco Petroleum Pakistan Ltd is engaged in the production, marketing, and sale of petroleum products. It operates in two business segments namely the Oil Refinery business and the Petroleum marketing business. It generates maximum revenue from the Petroleum marketing business segment. The company refines crude oil into various saleable components including liquefied petroleum gas, light naphtha, heavy naphtha, high octane blending component, motor gasoline, kerosene, jet fuels, high-speed diesel, and furnace oil.

Cnergyico Pk (KAR:CNERGY) Headlines

No Headlines