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Star Energy Group (LSE:STAR) Days Payable : 53.56 (As of Dec. 2023)


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What is Star Energy Group Days Payable?

Star Energy Group's average Accounts Payable for the six months ended in Dec. 2023 was £4.93 Mil. Star Energy Group's Cost of Goods Sold for the six months ended in Dec. 2023 was £16.80 Mil. Hence, Star Energy Group's Days Payable for the six months ended in Dec. 2023 was 53.56.

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

LSE:STAR' s Days Payable Range Over the Past 10 Years
Min: 18.85   Med: 30   Max: 47.35
Current: 47.35

During the past 13 years, Star Energy Group's highest Days Payable was 47.35. The lowest was 18.85. And the median was 30.00.

LSE:STAR's Days Payable is ranked worse than
59.82% of 901 companies
in the Oil & Gas industry
Industry Median: 60.98 vs LSE:STAR: 47.35

Star Energy Group's Days Payable increased from Dec. 2022 (52.55) to Dec. 2023 (53.56). It may suggest that Star Energy Group delayed paying its suppliers.


Star Energy Group Days Payable Historical Data

The historical data trend for Star Energy Group'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.

Star Energy Group Days Payable Chart

Star Energy Group Annual Data
Trend Mar14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.48 27.19 18.85 23.20 36.57

Star Energy Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 40.32 54.51 52.55 51.84 53.56

Competitive Comparison of Star Energy Group's Days Payable

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


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

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

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



Star Energy Group 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.

Star Energy Group'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
=( (2.738 + 3.75) / 2 ) / 32.376*365
=3.244 / 32.376*365
=36.57

Star Energy Group'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
=( (6.111 + 3.75) / 2 ) / 16.8*365 / 2
=4.9305 / 16.8*365 / 2
=53.56

* 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.


Star Energy Group Days Payable Related Terms

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Star Energy Group (LSE:STAR) Business Description

Traded in Other Exchanges
Address
Barfield Lane off Wragby Road, Sudbrooke, Lincoln, GBR, LN2 2QX
Star Energy Group Plc is an onshore energy business. Its main focus has been on oil and gas extraction. The company is engaged in exploring, appraising, developing, and producing oil and gas properties, and developing geothermal projects.

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