Ascent Resources (LSE:AST) Days Payable: 252.95 (As of Jun. 2025) — Near Median


What is Ascent Resources Days Payable?

Ascent Resources LSE:AST -2.41% Days Payable is 252.95 as of Jun. 2025, which is 4% below its 10-year median of 264.14. The stock has 4 warning signs investors should review. Among 849 Oil & Gas companies, Ascent Resources ranks better than 93.05% on this metric.

Ascent Resources's average Accounts Payable for the six months ended in Jun. 2025 was £0.60 Mil. Ascent Resources's Cost of Goods Sold for the six months ended in Jun. 2025 was £0.43 Mil. Hence, Ascent Resources's Days Payable for the six months ended in Jun. 2025 was 252.95.

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

LSE:AST' s Days Payable Range Over the Past 10 Years
Min: 83.08   Med: 264.14   Max: 6094.2
Current: 483.56

During the past 13 years, Ascent Resources's highest Days Payable was 6094.20. The lowest was 83.08. And the median was 264.14.

LSE:AST's Days Payable is ranked better than
93.05% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs LSE:AST: 483.56

Ascent Resources's Days Payable declined from Jun. 2024 (3,413.43) to Jun. 2025 (252.95). It may suggest that Ascent Resources accelerated paying its suppliers.


Ascent Resources Days Payable Historical Data

* Premium members only.

The historical data trend for Ascent Resources'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.

Ascent Resources Days Payable Chart

Ascent Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 340.64 606.93 258.75 269.53 6,094.20

Ascent Resources Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 164.53 470.21 3,413.43 88,238.75 252.95

LSE:AST vs COP, EOG, OXY: Days Payable Comparison

For the Oil & Gas E&P subindustry, Ascent Resources'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.


Ascent Resources Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Ascent Resources's Days Payable falls into.



Ascent Resources 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.

Ascent Resources's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.489 + 0.446) / 2 ) / 0.028*365
=0.4675 / 0.028*365
=6,094.20

Ascent Resources's Days Payable for the quarter that ended in Jun. 2025 is calculated as:

Days Payable (Q: Jun. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Jun. 2025 )) / count ) / Cost of Goods Sold (Q: Jun. 2025 )*Days in Period
=( (0.446 + 0.746) / 2 ) / 0.43*365 / 2
=0.596 / 0.43*365 / 2
=252.95

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 252.95 mean?
Ascent Resources (LSE:AST) has a Days Payable of 252.95 as of Jun. 2025. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ascent Resources and its competitors. This is near median its historical median of 264.14. Over the past decade, Ascent Resources' Days Payable has ranged from 83.08 to 6,094.20. According to the industry distribution chart, Ascent Resources ranks #59 out of 849 companies in the Oil & Gas industry, placing it in the top 6.9%.
Is Ascent Resources' Days Payable too high?
Ascent Resources' current Days Payable of 252.95 is near median its 10-year median of 264.14. Over the past 10 years, this metric has ranged from a low of 83.08 to a high of 6,094.20. The Oil & Gas industry median Days Payable is 57.95. Ascent Resources' value of 252.95 is 336.5% above this industry median. Based on the distribution chart, Ascent Resources ranks #59 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does Ascent Resources' Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Ascent Resources ranks #59 out of 849 companies for Days Payable. This places Ascent Resources in the top 7% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Ascent Resources' value of 252.95 is 336.5% above this benchmark. Historically, Ascent Resources' own Days Payable has ranged from 83.08 to 6,094.20 over the past decade. While the company's 10-year median is 264.14 vs. the industry median of 57.95, Ascent Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ascent Resources's current Days Payable of 252.95 is 336.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Ascent Resources and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascent Resources's current Days Payable is 252.95, which is near median its own 10-year median of 264.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascent Resources stock overvalued right now?
Ascent Resources (LSE:AST) has a current Days Payable of 252.95. The current Days Payable is 252.95, which is near median its 10-year median of 264.14 and 336.5% above the Oil & Gas industry median of 57.95. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Ascent Resources (LSE:AST), the current Days Payable is 252.95 as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ascent Resources Business Description

Industry EnergyOil & Gas
Other Exchanges A2N:Germany
Address 5 New Street Square, London, GBR, EC4A 3TW
Ascent Resources PLC is engaged in exploring, developing, and producing oil and gas reserves. It contributes responsibly towards meeting the USA energy needs through the safe and efficient production of hydrocarbons with a preference for natural gas as the transitional fuel of choice. Its segments include Slovenia engaged in exploration, development and production; USA which has American Helium Oil and gas leases; and UK which has its head office.