Thalassa Holdings (LSE:THAL) Days Payable : 15,071.46 (As of Jun. 2024)

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What is Thalassa Holdings Days Payable?

Thalassa Holdings's average Accounts Payable for the six months ended in Jun. 2024 was £0.50 Mil. Thalassa Holdings's Cost of Goods Sold for the six months ended in Jun. 2024 was £0.01 Mil. Hence, Thalassa Holdings's Days Payable for the six months ended in Jun. 2024 was 15,071.46.

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

LSE:THAL' s Days Payable Range Over the Past 10 Years
Min: 42.37 Med: 2555 Max: 67312.08
Current: 67312.08

During the past 13 years, Thalassa Holdings's highest Days Payable was 67312.08. The lowest was 42.37. And the median was 2555.00.

LSE:THAL's Days Payable is ranked better than
99.31% of 870 companies
in the Oil & Gas industry
Industry Median: 59.815 vs LSE:THAL: 67312.08

Thalassa Holdings's Days Payable increased from Jun. 2023 (11,552.25) to Jun. 2024 (15,071.46). It may suggest that Thalassa Holdings delayed paying its suppliers.

Thalassa Holdings Days Payable Historical Data

The historical data trend for Thalassa Holdings'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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Thalassa Holdings Days Payable Chart

Thalassa Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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639.18

3,440.95

2,555.00

13,041.73

Thalassa Holdings 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															1,769.67	83,630.62	11,552.25	-	15,071.46

Competitive Comparison of Thalassa Holdings's Days Payable

For the Oil & Gas Equipment & Services subindustry, Thalassa Holdings'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.

Thalassa Holdings's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Thalassa Holdings's Days Payable falls into.

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Thalassa Holdings 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.

Thalassa Holdings'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
=	( (0.677	+	0.252)	/	2 )	/	0.013	*	365
=	0.4645					/	0.013	*	365
=	13,041.73

Thalassa Holdings'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
=	( (0.252	+	0.739)	/	2 )	/	0.006	*	365 / 2
=	0.4955					/	0.006	*	365 / 2
=	15,071.46

Thalassa Holdings Days Payable Related Terms

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Thalassa Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Thalassa Holdings Ltd (LSE:THAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Folio Chambers, P.O. Box 800, Tortola, Road Town, VGB, VG1110

Website

https://www.thalassaholdingsltd.com

Thalassa Holdings Ltd is an international business company. It is a holding company with interests in property, and marine seismic/defense R&D. The company has two operating segments comprised of rental income through the Aperion Group and Product Development through the rest of the Group.

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