Gazprom PJSC (MIC:GAZP) Days Payable: 364.87 (As of Jun. 2023)


MIC:GAZP Gazprom PJSC MIC:GAZP
17 GF Score
Price ₽98.02
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What is Gazprom PJSC Days Payable?

Gazprom PJSC MIC:GAZP -3.82% 17 Days Payable is 364.87 as of Jun. 2023. GuruFocus rates MIC:GAZP with a GF Score™ of 17/100.

Gazprom PJSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽1,120,284 Mil. Gazprom PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽560,341 Mil. Hence, Gazprom PJSC's Days Payable for the six months ended in Jun. 2023 was 364.87.

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

MIC:GAZP's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

Gazprom PJSC's Days Payable declined from Jun. 2022 (465.70) to Jun. 2023 (364.87). It may suggest that Gazprom PJSC accelerated paying its suppliers.

Gazprom PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Gazprom PJSC'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.

Gazprom PJSC Days Payable Chart

Gazprom PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.00 53.56 60.84 75.97 90.76

Gazprom PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 128.45 131.61 465.70 36.49 364.87

MIC:GAZP vs XOM, CVX: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Gazprom PJSC'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.

Gazprom PJSC Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Gazprom PJSC's Days Payable falls into.


MIC:GAZP
17GF Score
Gazprom PJSC MIC:GAZP
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Gazprom PJSC 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.

Gazprom PJSC's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1113471 + 602589) / 2 ) / 3450505*365
=858030 / 3450505*365
=90.76

Gazprom PJSC's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

Days Payable (Q: Jun. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (602589 + 1637979) / 2 ) / 560341*365 / 2
=1120284 / 560341*365 / 2
=364.87

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 364.87 mean?
Gazprom PJSC (MIC:GAZP) has a Days Payable of 364.87 as of Jun. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gazprom PJSC and its competitors.
Is Gazprom PJSC's Days Payable too high?
Gazprom PJSC's current Days Payable is 364.87. The Oil & Gas industry median Days Payable is 57.95. Gazprom PJSC's value of 364.87 is 529.6% above this industry median. Overall, Gazprom PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom PJSC's Days Payable compare to XOM and CVX?
Gazprom PJSC's Days Payable of 364.87 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Gazprom PJSC's value of 364.87 is 529.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gazprom PJSC's current Days Payable of 364.87 is 529.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Gazprom PJSC and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gazprom PJSC's current Days Payable is 364.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom PJSC stock overvalued right now?
Gazprom PJSC (MIC:GAZP) has a current Days Payable of 364.87. The current Days Payable is 364.87 and 529.6% above the Oil & Gas industry median of 57.95. Gazprom PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Gazprom PJSC (MIC:GAZP), the current Days Payable is 364.87 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gazprom PJSC Business Description

Industry EnergyOil & Gas
Address St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.
17GF Score

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