The Energy House Holding Co (KUW:ENERGYH) Days Payable : 13,185.63 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is The Energy House Holding Co Days Payable?

The Energy House Holding Co's average Accounts Payable for the three months ended in Mar. 2024 was KWD1.30 Mil. The Energy House Holding Co's Cost of Goods Sold for the three months ended in Mar. 2024 was KWD0.01 Mil. Hence, The Energy House Holding Co's Days Payable for the three months ended in Mar. 2024 was 13,185.63.

The historical rank and industry rank for The Energy House Holding Co's Days Payable or its related term are showing as below:

KUW:ENERGYH' s Days Payable Range Over the Past 10 Years
Min: 103.84 Med: 229.26 Max: 11778.61
Current: 11778.61

During the past 13 years, The Energy House Holding Co's highest Days Payable was 11778.61. The lowest was 103.84. And the median was 229.26.

KUW:ENERGYH's Days Payable is ranked better than
98.44% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs KUW:ENERGYH: 11778.61

The Energy House Holding Co's Days Payable increased from Mar. 2023 (2,551.74) to Mar. 2024 (13,185.63). It may suggest that The Energy House Holding Co delayed paying its suppliers.

The Energy House Holding Co Days Payable Historical Data

The historical data trend for The Energy House Holding Co'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.

The Energy House Holding Co Days Payable Chart

The Energy House Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

115.26

529.26

726.75

1,633.57

3,572.67

The Energy House Holding Co 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															2,551.74	8,028.37	18,181.56	12,204.69	13,185.63

Competitive Comparison of The Energy House Holding Co's Days Payable

For the Oil & Gas E&P subindustry, The Energy House Holding Co'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.

The Energy House Holding Co's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, The Energy House Holding Co's Days Payable distribution charts can be found below:

* The bar in red indicates where The Energy House Holding Co's Days Payable falls into.

The Energy House Holding Co 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.

The Energy House Holding Co'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
=	( (1.304	+	1.006)	/	2 )	/	0.118	*	365
=	1.155					/	0.118	*	365
=	3,572.67

The Energy House Holding Co'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
=	( (1.006	+	1.595)	/	2 )	/	0.009	*	365 / 4
=	1.3005					/	0.009	*	365 / 4
=	13,185.63

The Energy House Holding Co Days Payable Related Terms

Thank you for viewing the detailed overview of The Energy House Holding Co's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

The Energy House Holding Co (KUW:ENERGYH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » The Energy House Holding Co (KUW:ENERGYH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abdullah Al-Mubarak Street, P.O. Box 21909, Al-Enmaa Tower, 14th Floor, Mirqab, Safat, Kuwait, KWT, 13080

Website

https://www.energyhouse.com.kw

The Energy House Holding Co mainly operates in the energy and investment businesses in Kuwait, the Middle East and North Africa. The company is organized, along with its subsidiaries, into three business segments: Energy segment includes exploration, drilling, development, and production of oil and gas, alternate and renewable sources of energy, licensing, Contracting segment includes general trading and contracting, and others segments include investment and other related services. It generates a majority of its revenue from the Energy segment. Geographically, it derives maximum revenue from the Middle East and North Africa.

The Energy House Holding Co (KUW:ENERGYH) Headlines

No Headlines