Prospex Energy (LSE:PXEN) Days Payable : 0.00 (As of Jun. 2024)

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What is Prospex Energy Days Payable?

Prospex Energy's average Accounts Payable for the six months ended in Jun. 2024 was £0.05 Mil. Prospex Energy's Cost of Goods Sold for the six months ended in Jun. 2024 was £0.00 Mil.

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

LSE:PXEN's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 60.58
* Ranked among companies with meaningful Days Payable only.

Prospex Energy's Days Payable stayed the same from Jun. 2023 (0.00) to Jun. 2024 (0.00).

Prospex Energy Days Payable Historical Data

The historical data trend for Prospex 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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Prospex Energy Days Payable Chart

Prospex Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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Prospex Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Prospex Energy's Days Payable

For the Oil & Gas E&P subindustry, Prospex 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.

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

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

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

Prospex 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.

Prospex 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
=	( (0	+	0.029)	/	1 )	/	0	*	365
=	0.029					/	0	*	365
=	N/A

Prospex Energy's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

	Days Payable (Q: Jun. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
=	( (0.029	+	0.073)	/	2 )	/	0	*	365 / 2
=	0.051					/	0	*	365 / 2
=	N/A

Prospex Energy Days Payable Related Terms

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Prospex Energy Business Description

Industry

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PXEN:UK

Address

c/o Shakespeare Martineau LLP, 60 Gracechurch Street, London, GBR, EC3V 0HR

Website

http://www.prospex.energy

Prospex Energy PLC is a British Oil and Gas investment company. The company's investment policy is to acquire and invest in companies and projects within the natural resources and energy sector with potential for growth and income. Its strategy is to acquire a portfolio of investments in oil and gas projects that are at various stages of the development cycle and which represent attractive opportunities on a risk/reward basis.

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