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NOVATEK PJSC (MIC:NVTK) Days Payable : 1,259.79 (As of Dec. 2024)


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What is NOVATEK PJSC Days Payable?

NOVATEK PJSC's average Accounts Payable for the six months ended in Dec. 2024 was ₽254,691 Mil. NOVATEK PJSC's Cost of Goods Sold for the six months ended in Dec. 2024 was ₽36,896 Mil. Hence, NOVATEK PJSC's Days Payable for the six months ended in Dec. 2024 was 1,259.79.

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

MIC:NVTK' s Days Payable Range Over the Past 10 Years
Min: 43.99   Med: 63.93   Max: 218.72
Current: 218.72

During the past 13 years, NOVATEK PJSC's highest Days Payable was 218.72. The lowest was 43.99. And the median was 63.93.

MIC:NVTK's Days Payable is ranked better than
84.71% of 870 companies
in the Oil & Gas industry
Industry Median: 59.815 vs MIC:NVTK: 218.72

NOVATEK PJSC's Days Payable increased from Dec. 2023 (0.00) to Dec. 2024 (1,259.79). It may suggest that NOVATEK PJSC delayed paying its suppliers.


NOVATEK PJSC Days Payable Historical Data

The historical data trend for NOVATEK 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.

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NOVATEK PJSC Days Payable Chart

NOVATEK PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.99 65.06 46.26 210.96 218.26

NOVATEK PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun23 Dec23 Jun24 Dec24
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 46.34 79.38 - 131.86 1,259.79

Competitive Comparison of NOVATEK PJSC's Days Payable

For the Oil & Gas E&P subindustry, NOVATEK 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.


NOVATEK PJSC's Days Payable Distribution in the Oil & Gas Industry

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

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


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NOVATEK 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.

NOVATEK PJSC'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
=( (217423 + 0) / 1 ) / 363607*365
=217423 / 363607*365
=218.26

NOVATEK PJSC'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: Jun. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (254691 + 0) / 1 ) / 36896*365 / 2
=254691 / 36896*365 / 2
=1,259.79

* 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.


NOVATEK PJSC Days Payable Related Terms

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NOVATEK PJSC Business Description

Traded in Other Exchanges
N/A
Address
2, Udaltsova Street, Moscow, RUS, 119415
NOVATEK PJSC, or simply Novatek, is a Russian-based exploration and production company that acquires, explores for, produces, processes, and markets oil and gas. While the company is mostly focused on natural gas production, it also has exposure to oil. Its exploration and production take place in a variety of fields in central Russia. The natural gas is then processed and sold. Novatek also sells liquid hydrocarbons such as petroleum products, light hydrocarbons, LPG, and crude oil. The majority of its natural gas is sold in Russia, while the liquid hydrocarbons are sold in Russia and internationally, including China, Europe, and the United States.

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