Odfjell Technology (LTS:0ABV) Days Payable : 393.98 (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Odfjell Technology Days Payable?

Odfjell Technology's average Accounts Payable for the three months ended in Dec. 2024 was kr351 Mil. Odfjell Technology's Cost of Goods Sold for the three months ended in Dec. 2024 was kr81 Mil. Hence, Odfjell Technology's Days Payable for the three months ended in Dec. 2024 was 393.98.

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

LTS:0ABV' s Days Payable Range Over the Past 10 Years
Min: 202.32 Med: 244.86 Max: 382.31
Current: 363.08

During the past 7 years, Odfjell Technology's highest Days Payable was 382.31. The lowest was 202.32. And the median was 244.86.

LTS:0ABV's Days Payable is ranked better than
88.62% of 870 companies
in the Oil & Gas industry
Industry Median: 59.815 vs LTS:0ABV: 363.08

Odfjell Technology's Days Payable increased from Dec. 2023 (320.06) to Dec. 2024 (393.98). It may suggest that Odfjell Technology delayed paying its suppliers.

Odfjell Technology Days Payable Historical Data

The historical data trend for Odfjell Technology'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.

Odfjell Technology Days Payable Chart

Odfjell Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

202.32

244.86

303.37

316.23

382.31

Odfjell Technology Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial														320.06	320.61	347.02	374.91	393.98

Competitive Comparison of Odfjell Technology's Days Payable

For the Oil & Gas Drilling subindustry, Odfjell Technology'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.

Odfjell Technology's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Odfjell Technology's Days Payable falls into.

Save Embed

;

Save Embed

;

Odfjell Technology 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.

Odfjell Technology's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (338.9	+	361.4)	/	2 )	/	334.3	*	365
=	350.15					/	334.3	*	365
=	382.31

Odfjell Technology's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (341.5	+	361.4)	/	2 )	/	81.4	*	365 / 4
=	351.45					/	81.4	*	365 / 4
=	393.98

Odfjell Technology Days Payable Related Terms

Thank you for viewing the detailed overview of Odfjell Technology's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Odfjell Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Technology Ltd (LTS:0ABV) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OTLo:Sweden OTL:Norway ND4:Germany

Address

Prime View, Prime Four Business Park, Lower Ground Floor, Kingswells, Aberdeen, GBR, AB15 8PU

Website

https://www.odfjelltechnology.com

Odfjell Technology Ltd is a well services, drilling operations, engineering, and sustainable energy solutions provider, offering engineering services, well services, and drilling operation services to both onshore and offshore drilling operations, with an offshore focus.

Odfjell Technology Headlines

No Headlines