Nostra Terra Oil & Gas Co (LSE:NTOG) Days Payable : 129.84 (As of Dec. 2023)

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What is Nostra Terra Oil & Gas Co Days Payable?

Nostra Terra Oil & Gas Co's average Accounts Payable for the six months ended in Dec. 2023 was £0.61 Mil. Nostra Terra Oil & Gas Co's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.86 Mil. Hence, Nostra Terra Oil & Gas Co's Days Payable for the six months ended in Dec. 2023 was 129.84.

The historical rank and industry rank for Nostra Terra Oil & Gas Co's Days Payable or its related term are showing as below:

LSE:NTOG' s Days Payable Range Over the Past 10 Years
Min: 39.8 Med: 103.47 Max: 195.71
Current: 140.96

During the past 13 years, Nostra Terra Oil & Gas Co's highest Days Payable was 195.71. The lowest was 39.80. And the median was 103.47.

LSE:NTOG's Days Payable is ranked better than
75.36% of 897 companies
in the Oil & Gas industry
Industry Median: 61.41 vs LSE:NTOG: 140.96

Nostra Terra Oil & Gas Co's Days Payable increased from Dec. 2022 (72.43) to Dec. 2023 (129.84). It may suggest that Nostra Terra Oil & Gas Co delayed paying its suppliers.

Nostra Terra Oil & Gas Co Days Payable Historical Data

The historical data trend for Nostra Terra Oil & Gas 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.

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Nostra Terra Oil & Gas Co Days Payable Chart

Nostra Terra Oil & Gas Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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123.89

131.22

106.16

84.85

142.92

Nostra Terra Oil & Gas Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															89.77	214.42	72.43	151.80	129.84

Competitive Comparison of Nostra Terra Oil & Gas Co's Days Payable

For the Oil & Gas E&P subindustry, Nostra Terra Oil & Gas 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.

Nostra Terra Oil & Gas Co's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Nostra Terra Oil & Gas Co's Days Payable falls into.

Nostra Terra Oil & Gas 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.

Nostra Terra Oil & Gas 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
=	( (0.638	+	0.615)	/	2 )	/	1.6	*	365
=	0.6265					/	1.6	*	365
=	142.92

Nostra Terra Oil & Gas Co'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
=	( (0.603	+	0.615)	/	2 )	/	0.856	*	365 / 2
=	0.609					/	0.856	*	365 / 2
=	129.84

Nostra Terra Oil & Gas Co Days Payable Related Terms

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Nostra Terra Oil & Gas Co (LSE:NTOG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Nostra Terra Oil & Gas Co PLC (LSE:NTOG) » Definitions » Days Payable

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LMU1:Germany

Address

London Wall, Salisbury House, London, GBR, EC2M 5PS

Website

http://www.ntog.co.uk

Nostra Terra Oil & Gas Co PLC is a London-based oil and gas exploration and production company. The principal activities of the company comprise the exploration of oil and gas, development, production, and sale of hydrocarbon resources. The company presently focuses on the U.S mid-continent and Egypt. It owns and operates producing assets in East Texas and West Texas (Permian Basin) and has operations in the Western Desert of Egypt.

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