Pakistan Refinery (KAR:PRL) Days Payable : 84.12 (As of Mar. 2024)

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What is Pakistan Refinery Days Payable?

Pakistan Refinery's average Accounts Payable for the three months ended in Mar. 2024 was ₨46,108 Mil. Pakistan Refinery's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨50,015 Mil. Hence, Pakistan Refinery's Days Payable for the three months ended in Mar. 2024 was 84.12.

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

KAR:PRL' s Days Payable Range Over the Past 10 Years
Min: 31.91 Med: 48.92 Max: 83.69
Current: 54.79

During the past 13 years, Pakistan Refinery's highest Days Payable was 83.69. The lowest was 31.91. And the median was 48.92.

KAR:PRL's Days Payable is ranked worse than
54.28% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs KAR:PRL: 54.79

Pakistan Refinery's Days Payable increased from Mar. 2023 (51.05) to Mar. 2024 (84.12). It may suggest that Pakistan Refinery delayed paying its suppliers.

Pakistan Refinery Days Payable Historical Data

The historical data trend for Pakistan Refinery'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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Pakistan Refinery Days Payable Chart

Pakistan Refinery Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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31.91

41.22

50.17

49.36

48.47

Pakistan Refinery 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															51.05	50.36	44.50	46.44	84.12

Competitive Comparison of Pakistan Refinery's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Pakistan Refinery'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.

Pakistan Refinery's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pakistan Refinery's Days Payable falls into.

Pakistan Refinery 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.

Pakistan Refinery'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
=	( (32170.602	+	35444.21)	/	2 )	/	254559.762	*	365
=	33807.406					/	254559.762	*	365
=	48.47

Pakistan Refinery'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
=	( (38827.466	+	53388.475)	/	2 )	/	50014.825	*	365 / 4
=	46107.9705					/	50014.825	*	365 / 4
=	84.12

Pakistan Refinery Days Payable Related Terms

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Pakistan Refinery (KAR:PRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pakistan Refinery Ltd (KAR:PRL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Korangi Creek Road, P.O. Box 4612, Karachi, PAK, 75190

Website

https://www.prl.com.pk

Pakistan Refinery Ltd is a manufacturer and supplier of petroleum products to the domestic market and Pakistan defence forces. Its products include liquefied petroleum gas, motor gasoline, kerosene oil, jet fuels, high-speed diesel and furnace oil. Its refinery operates at two locations; the main processing facility is located at Korangi Creek with supporting crude berthing and storage facility at Keamari.

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