PJSC Slavneft Megionneftegas (MIC:MFGS) Days Payable: 27.13 (As of Sep. 2023)

What is PJSC Slavneft Megionneftegas Days Payable?

PJSC Slavneft Megionneftegas MIC:MFGS -4.35% 17 Days Payable is 27.13 as of Sep. 2023. GuruFocus rates MIC:MFGS with a GF Score™ of 17/100.

PJSC Slavneft Megionneftegas's average Accounts Payable for the three months ended in Sep. 2023 was ₽29,529 Mil. PJSC Slavneft Megionneftegas's Cost of Goods Sold for the three months ended in Sep. 2023 was ₽99,333 Mil. Hence, PJSC Slavneft Megionneftegas's Days Payable for the three months ended in Sep. 2023 was 27.13.

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

MIC:MFGS's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 57.145
* Ranked among companies with meaningful Days Payable only.

PJSC Slavneft Megionneftegas's Days Payable declined from Jun. 2021 (46.54) to Sep. 2023 (27.13). It may suggest that PJSC Slavneft Megionneftegas accelerated paying its suppliers.

PJSC Slavneft Megionneftegas Days Payable Related Terms

PJSC Slavneft Megionneftegas Days Payable Historical Data

* Premium members only.

The historical data trend for PJSC Slavneft Megionneftegas'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.

PJSC Slavneft Megionneftegas Days Payable Chart

PJSC Slavneft Megionneftegas Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

Get a 7-Day Free Trial

41.15

37.65

35.17

54.20

34.73

PJSC Slavneft Megionneftegas Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															46.54	44.63	22.44	0.00	27.13

MIC:MFGS vs COP, EOG, PXD: Days Payable Comparison

For the Oil & Gas E&P subindustry, PJSC Slavneft Megionneftegas'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.

PJSC Slavneft Megionneftegas Days Payable vs Oil & Gas Industry

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

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

Save Embed

17GF Score

PJSC Slavneft Megionneftegas MIC:MFGS

Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

PJSC Slavneft Megionneftegas 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.

PJSC Slavneft Megionneftegas's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (12362.845	+	13651.075)	/	2 )	/	136682.882	*	365
=	13006.96					/	136682.882	*	365
=	34.73

PJSC Slavneft Megionneftegas'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
=	( (20824	+	38234.859)	/	2 )	/	99332.819	*	365 / 4
=	29529.4295					/	99332.819	*	365 / 4
=	27.13

Frequently Asked Questions Learn more about Days Payable →

What does a Days Payable of 27.13 mean?

PJSC Slavneft Megionneftegas (MIC:MFGS) has a Days Payable of 27.13 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 PJSC Slavneft Megionneftegas and its competitors.

Is PJSC Slavneft Megionneftegas' Days Payable too high?

PJSC Slavneft Megionneftegas' current Days Payable is 27.13. The Oil & Gas industry median Days Payable is 57.15. PJSC Slavneft Megionneftegas' value of 27.13 is 52.5% below this industry median. Overall, PJSC Slavneft Megionneftegas has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does PJSC Slavneft Megionneftegas' Days Payable compare to COP and EOG?

PJSC Slavneft Megionneftegas' Days Payable of 27.13 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.15. PJSC Slavneft Megionneftegas' value of 27.13 is 52.5% below 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 57.15, based on 854 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. PJSC Slavneft Megionneftegas's current Days Payable of 27.13 is 52.5% below 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 PJSC Slavneft Megionneftegas and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC Slavneft Megionneftegas's current Days Payable is 27.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is PJSC Slavneft Megionneftegas stock overvalued right now?

PJSC Slavneft Megionneftegas (MIC:MFGS) has a current Days Payable of 27.13. The current Days Payable is 27.13 and 52.5% below the Oil & Gas industry median of 57.15. PJSC Slavneft Megionneftegas' 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 PJSC Slavneft Megionneftegas (MIC:MFGS), the current Days Payable is 27.13 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.

PJSC Slavneft Megionneftegas Business Description

Industry Energy Oil & Gas

Comparable Companies MIC:RNFT MIC:VJGZ MIC:CHGZ COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN FANG CTRA BKK:PTTEP TSE:1605 TSX:TOU OSL:AKRBP EQT

Address 4, 4th Lesnoy side-street, Moscow, RUS, 125047

Website http://www.sn-mng.ru

PJSC Slavneft Megionneftegas is engaged in the oil and gas production activities in Russia. The company through its subsidiaries operates at the Megionskoye, Aganskoye, Vatinskoye, Tailakovskoye and other fields located in the Nizhnevartovsk, Surgut, Nefteyugansk regions of the Khanty-Mansi Autonomous Area - Yugra.

17GF Score

Get the complete analysis for MIC:MFGS

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽242.00

Price

View MIC:MFGS Analysis

See Days Payable data for all stocks →