PJSC RussNeft (MIC:RNFT) Days Payable : 50.07 (As of Dec. 2023)

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What is PJSC RussNeft Days Payable?

PJSC RussNeft's average Accounts Payable for the six months ended in Dec. 2023 was ₽27,864 Mil. PJSC RussNeft's Cost of Goods Sold for the six months ended in Dec. 2023 was ₽101,561 Mil. Hence, PJSC RussNeft's Days Payable for the six months ended in Dec. 2023 was 50.07.

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

MIC:RNFT' s Days Payable Range Over the Past 10 Years
Min: 24.12 Med: 37.69 Max: 129.84
Current: 59.06

During the past 11 years, PJSC RussNeft's highest Days Payable was 129.84. The lowest was 24.12. And the median was 37.69.

MIC:RNFT's Days Payable is ranked worse than
51.06% of 899 companies
in the Oil & Gas industry
Industry Median: 61.11 vs MIC:RNFT: 59.06

PJSC RussNeft's Days Payable increased from Dec. 2022 (0.00) to Dec. 2023 (50.07). It may suggest that PJSC RussNeft delayed paying its suppliers.

PJSC RussNeft Days Payable Historical Data

The historical data trend for PJSC RussNeft'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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PJSC RussNeft Days Payable Chart

PJSC RussNeft Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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30.40

32.29

24.12

29.78

53.30

PJSC RussNeft Semi-Annual Data
	Dec13	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															34.46	24.62	-	79.00	50.07

Competitive Comparison of PJSC RussNeft's Days Payable

For the Oil & Gas E&P subindustry, PJSC RussNeft'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 RussNeft's Days Payable Distribution in the Oil & Gas Industry

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

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

PJSC RussNeft 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 RussNeft'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
=	( (0	+	25147)	/	1 )	/	172205	*	365
=	25147					/	172205	*	365
=	53.30

PJSC RussNeft'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
=	( (30581	+	25147)	/	2 )	/	101561	*	365 / 2
=	27864					/	101561	*	365 / 2
=	50.07

PJSC RussNeft Days Payable Related Terms

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PJSC RussNeft (MIC:RNFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PJSC RussNeft (MIC:RNFT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Pyatnitskaya Street, Moscow, RUS, 115054

Website

https://www.russneft.ru

PJSC RussNeft is engaged in the exploration, development, production, and marketing of oil and gas. Its operations include oil production, gas production, exploration and reserves, and technological development. The company has activities in Moscow, Raduzhny, Tomsk, Saratov, Bryansk, Ulyanovsk, Khanty-Mansiysk, and Nizhnevartovsk. The company operates in three principal geographical areas: Europe and other export, the Commonwealth of Independent States (the "CIS") and the Russian Federation (Russia).

PJSC RussNeft (MIC:RNFT) Headlines

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