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BW Offshore (LTS:0RKH) Days Payable : 337.86 (As of Dec. 2023)


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What is BW Offshore Days Payable?

BW Offshore's average Accounts Payable for the six months ended in Dec. 2023 was kr1,810 Mil. BW Offshore's Cost of Goods Sold for the six months ended in Dec. 2023 was kr978 Mil. Hence, BW Offshore's Days Payable for the six months ended in Dec. 2023 was 337.86.

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

LTS:0RKH' s Days Payable Range Over the Past 10 Years
Min: 19.99   Med: 45.07   Max: 269.32
Current: 269.32

During the past 13 years, BW Offshore's highest Days Payable was 269.32. The lowest was 19.99. And the median was 45.07.

LTS:0RKH's Days Payable is ranked better than
85.63% of 898 companies
in the Oil & Gas industry
Industry Median: 61.48 vs LTS:0RKH: 269.32

BW Offshore's Days Payable increased from Dec. 2022 (286.49) to Dec. 2023 (337.86). It may suggest that BW Offshore delayed paying its suppliers.


BW Offshore Days Payable Historical Data

The historical data trend for BW Offshore'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.

BW Offshore Days Payable Chart

BW Offshore Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.43 48.71 89.79 157.49 151.64

BW Offshore 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 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 215.21 293.28 286.49 320.59 337.86

Competitive Comparison of BW Offshore's Days Payable

For the Oil & Gas Equipment & Services subindustry, BW Offshore'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.


BW Offshore's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where BW Offshore's Days Payable falls into.



BW Offshore 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.

BW Offshore'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
=( (802.264 + 838.677) / 2 ) / 1974.847*365
=820.4705 / 1974.847*365
=151.64

BW Offshore'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
=( (2782.232 + 838.677) / 2 ) / 977.929*365 / 2
=1810.4545 / 977.929*365 / 2
=337.86

* 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.


BW Offshore Days Payable Related Terms

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BW Offshore (LTS:0RKH) Business Description

Traded in Other Exchanges
Address
22 Church Street, 4th Floor, Suite 400, Washington Mall Phase 2, Hamilton, BMU, HM1189
BW Offshore Ltd is a holding company. It is engaged in developing, owning and operating oil and gas Floating Production, Storage and Offloading vessels (FPSO) and Floating, Storage and Offloading (FSO) vessels. The company's main activities are engineering, procurement, construction and installation, as well as lease and operation services for FPSOs. The operating segment of company FPSO and Floating wind.

BW Offshore (LTS:0RKH) Headlines

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