Harbour Energy (LSE:HBR) Days Payable : 74.55 (As of Dec. 2023)

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What is Harbour Energy Days Payable?

Harbour Energy's average Accounts Payable for the six months ended in Dec. 2023 was £366 Mil. Harbour Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was £895 Mil. Hence, Harbour Energy's Days Payable for the six months ended in Dec. 2023 was 74.55.

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

LSE:HBR' s Days Payable Range Over the Past 10 Years
Min: 7.81 Med: 13.55 Max: 50.22
Current: 50.22

During the past 4 years, Harbour Energy's highest Days Payable was 50.22. The lowest was 7.81. And the median was 13.55.

LSE:HBR's Days Payable is ranked worse than
57.16% of 901 companies
in the Oil & Gas industry
Industry Median: 61.11 vs LSE:HBR: 50.22

Harbour Energy's Days Payable increased from Dec. 2022 (56.39) to Dec. 2023 (74.55). It may suggest that Harbour Energy delayed paying its suppliers.

Harbour Energy Days Payable Historical Data

The historical data trend for Harbour Energy'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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Harbour Energy Days Payable Chart

Harbour Energy Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

21.44

16.98

10.12

7.81

Harbour Energy Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial			71.71	66.18	56.39	68.56	74.55

Competitive Comparison of Harbour Energy's Days Payable

For the Oil & Gas E&P subindustry, Harbour Energy'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.

Harbour Energy's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Harbour Energy's Days Payable falls into.

Harbour Energy 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.

Harbour Energy'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
=	( (38.587	+	41.08)	/	2 )	/	1862.03	*	365
=	39.8335					/	1862.03	*	365
=	7.81

Harbour Energy's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (689.99	+	41.08)	/	2 )	/	894.833	*	365 / 2
=	365.535					/	894.833	*	365 / 2
=	74.55

Harbour Energy Days Payable Related Terms

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Harbour Energy (LSE:HBR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Harbour Energy PLC (LSE:HBR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PMOIF:USA HBRIY:USA HBRl:UK PQQ0:Germany

Address

23 Lower Belgrave Street, London, GBR, SW1W ONR

Website

https://www.harbourenergy.com

Harbour Energy PLC is an independent oil and gas company, producing over 200,000 barrels of oil equivalent per day from the North Sea and South East Asia. It has a lower carbon intensity than the average UK oil and gas producer.

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