Saratov Oil Refinery PJSC (MIC:KRKN) Days Payable: 145.48 (As of Sep. 2023)

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MIC:KRKN Saratov Oil Refinery PJSC MIC:KRKN
17 GF Score
Price ₽9,050.00
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What is Saratov Oil Refinery PJSC Days Payable?

Saratov Oil Refinery PJSC MIC:KRKN +3.43% 17 Days Payable is 145.48 as of Sep. 2023. GuruFocus rates MIC:KRKN with a GF Score™ of 17/100.

Saratov Oil Refinery PJSC's average Accounts Payable for the three months ended in Sep. 2023 was ₽4,145 Mil. Saratov Oil Refinery PJSC's Cost of Goods Sold for the three months ended in Sep. 2023 was ₽2,600 Mil. Hence, Saratov Oil Refinery PJSC's Days Payable for the three months ended in Sep. 2023 was 145.48.

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

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

Saratov Oil Refinery PJSC's Days Payable declined from Jun. 2021 (213.13) to Sep. 2023 (145.48). It may suggest that Saratov Oil Refinery PJSC accelerated paying its suppliers.

Saratov Oil Refinery PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Saratov Oil Refinery 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.

Saratov Oil Refinery PJSC Days Payable Chart

Saratov Oil Refinery PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.75 33.19 35.95 55.35 65.70

Saratov Oil Refinery PJSC Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Sep22 Jun23 Sep23
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 213.13 222.31 241.90 0.00 145.48

MIC:KRKN vs MPC, PSX, VLO: Days Payable Comparison

For the Oil & Gas Refining & Marketing subindustry, Saratov Oil Refinery 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.

Saratov Oil Refinery PJSC Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Saratov Oil Refinery PJSC's Days Payable falls into.


MIC:KRKN
17GF Score
Saratov Oil Refinery PJSC MIC:KRKN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Saratov Oil Refinery 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.

Saratov Oil Refinery PJSC's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (1814.932 + 887.4) / 2 ) / 7506.615*365
=1351.166 / 7506.615*365
=65.70

Saratov Oil Refinery PJSC's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

Days Payable (Q: Sep. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2023 ) + Accounts Payable (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (5373.169 + 2916.053) / 2 ) / 2599.723*365 / 4
=4144.611 / 2599.723*365 / 4
=145.48

* 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 145.48 mean?
Saratov Oil Refinery PJSC (MIC:KRKN) has a Days Payable of 145.48 as of Sep. 2023. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Saratov Oil Refinery PJSC and its competitors.
Is Saratov Oil Refinery PJSC's Days Payable too high?
Saratov Oil Refinery PJSC's current Days Payable is 145.48. The Oil & Gas industry median Days Payable is 57.95. Saratov Oil Refinery PJSC's value of 145.48 is 151% above this industry median. Overall, Saratov Oil Refinery PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Saratov Oil Refinery PJSC's Days Payable compare to MPC and PSX?
Saratov Oil Refinery PJSC's Days Payable of 145.48 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Saratov Oil Refinery PJSC's value of 145.48 is 151% 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 851 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. Saratov Oil Refinery PJSC's current Days Payable of 145.48 is 151% 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 Saratov Oil Refinery 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. Saratov Oil Refinery PJSC's current Days Payable is 145.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saratov Oil Refinery PJSC stock overvalued right now?
Saratov Oil Refinery PJSC (MIC:KRKN) has a current Days Payable of 145.48. The current Days Payable is 145.48 and 151% above the Oil & Gas industry median of 57.95. Saratov Oil Refinery 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 Saratov Oil Refinery PJSC (MIC:KRKN), the current Days Payable is 145.48 as of Sep. 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.

Saratov Oil Refinery PJSC Business Description

Industry EnergyOil & Gas
Address Bryanskaya street 1, Saratov, RUS, 410022
Saratov Oil Refinery PJSC is engaged in the refining of crude oil. The company also manufactures petrochemical products in Russia at Angarsk polymer plant, which specializes in the production of ethylene, propylene and polyethylene.
17GF Score

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