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Hascol Petroleum (KAR:HASCOL) Days Payable : 83.24 (As of Sep. 2024)


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What is Hascol Petroleum Days Payable?

Hascol Petroleum's average Accounts Payable for the three months ended in Sep. 2024 was ₨35,133 Mil. Hascol Petroleum's Cost of Goods Sold for the three months ended in Sep. 2024 was ₨38,513 Mil. Hence, Hascol Petroleum's Days Payable for the three months ended in Sep. 2024 was 83.24.

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

KAR:HASCOL' s Days Payable Range Over the Past 10 Years
Min: 31.95   Med: 78.01   Max: 114.96
Current: 89.86

During the past 11 years, Hascol Petroleum's highest Days Payable was 114.96. The lowest was 31.95. And the median was 78.01.

KAR:HASCOL's Days Payable is ranked better than
63.19% of 891 companies
in the Oil & Gas industry
Industry Median: 60.94 vs KAR:HASCOL: 89.86

Hascol Petroleum's Days Payable declined from Sep. 2023 (132.10) to Sep. 2024 (83.24). It may suggest that Hascol Petroleum accelerated paying its suppliers.


Hascol Petroleum Days Payable Historical Data

The historical data trend for Hascol Petroleum'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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Hascol Petroleum Days Payable Chart

Hascol Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.90 114.96 97.61 85.37 50.48

Hascol Petroleum Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 132.10 91.07 90.67 89.32 83.24

Competitive Comparison of Hascol Petroleum's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Hascol Petroleum'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.


Hascol Petroleum's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Hascol Petroleum's Days Payable falls into.



Hascol Petroleum 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.

Hascol Petroleum's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (15684.605 + 28568.752) / 2 ) / 159992.701*365
=22126.6785 / 159992.701*365
=50.48

Hascol Petroleum's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

Days Payable (Q: Sep. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2024 ) + Accounts Payable (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (46556.197 + 23709.485) / 2 ) / 38512.96*365 / 4
=35132.841 / 38512.96*365 / 4
=83.24

* 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.


Hascol Petroleum Days Payable Related Terms

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Hascol Petroleum Business Description

Traded in Other Exchanges
N/A
Address
Abdul Sattar Edhi Avenue, Block 4, Office No. 29, 29th floor, Sky Tower, West Wing (Tower A), Clifton, Dolmen City, Karachi, SD, PAK
Hascol Petroleum Ltd is engaged in the business of procurement, storage, and marketing of petroleum and related products such as high-speed diesel, gasoline, fuel oil, FUCHS lubricants.

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