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
63.3% of 891 companies
in the Oil & Gas industry
Industry Median: 60.88 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

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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															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

Hascol Petroleum Days Payable Related Terms

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Hascol Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hascol Petroleum Ltd (KAR:HASCOL) » Definitions » Days Payable

Comparable Companies

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

Website

https://www.hascol.com

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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