Surgutneftegas PJSC (MIC:SNGS) Days Payable: 32.05 (As of Jun. 2023)

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MIC:SNGS Surgutneftegas PJSC MIC:SNGS
17 GF Score
Price ₽15.50
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What is Surgutneftegas PJSC Days Payable?

Surgutneftegas PJSC MIC:SNGS +1.94% 17 Days Payable is 32.05 as of Jun. 2023. GuruFocus rates MIC:SNGS with a GF Score™ of 17/100.

Surgutneftegas PJSC's average Accounts Payable for the six months ended in Jun. 2023 was ₽19,129 Mil. Surgutneftegas PJSC's Cost of Goods Sold for the six months ended in Jun. 2023 was ₽108,935 Mil. Hence, Surgutneftegas PJSC's Days Payable for the six months ended in Jun. 2023 was 32.05.

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

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

Surgutneftegas PJSC's Days Payable declined from Dec. 2020 (33.72) to Jun. 2023 (32.05). It may suggest that Surgutneftegas PJSC accelerated paying its suppliers.

Surgutneftegas PJSC Days Payable Historical Data

* Premium members only.

The historical data trend for Surgutneftegas 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.

Surgutneftegas PJSC Days Payable Chart

Surgutneftegas 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 58.79 25.53 29.94 23.88 27.94

Surgutneftegas PJSC Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 25.19 25.92 33.72 32.60 32.05

MIC:SNGS vs XOM, CVX: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Surgutneftegas 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.

Surgutneftegas PJSC Days Payable vs Oil & Gas Industry

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

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


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

Surgutneftegas 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
=( (13636 + 16395) / 2 ) / 196145*365
=15015.5 / 196145*365
=27.94

Surgutneftegas 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: Jun. 2021 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (17648 + 20609) / 2 ) / 108935*365 / 2
=19128.5 / 108935*365 / 2
=32.05

* 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 32.05 mean?
Surgutneftegas PJSC (MIC:SNGS) has a Days Payable of 32.05 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 Surgutneftegas PJSC and its competitors.
Is Surgutneftegas PJSC's Days Payable too high?
Surgutneftegas PJSC's current Days Payable is 32.05. The Oil & Gas industry median Days Payable is 57.95. Surgutneftegas PJSC's value of 32.05 is 44.7% below this industry median. Overall, Surgutneftegas PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Surgutneftegas PJSC's Days Payable compare to XOM and CVX?
Surgutneftegas PJSC's Days Payable of 32.05 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. Surgutneftegas PJSC's value of 32.05 is 44.7% 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 57.95, 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. Surgutneftegas PJSC's current Days Payable of 32.05 is 44.7% 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 Surgutneftegas 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. Surgutneftegas PJSC's current Days Payable is 32.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surgutneftegas PJSC stock overvalued right now?
Surgutneftegas PJSC (MIC:SNGS) has a current Days Payable of 32.05. The current Days Payable is 32.05 and 44.7% below the Oil & Gas industry median of 57.95. Surgutneftegas 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 Surgutneftegas PJSC (MIC:SNGS), the current Days Payable is 32.05 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.

Surgutneftegas PJSC Business Description

Industry EnergyOil & Gas
Address ul. Grigoriya Kukuyevitskogo 1, Building No. 1, Khanty-Mansiysky Autonomous Okrug - Yugra, Tyumenskaya Oblast, Surgut, RUS, 628415
Surgutneftegas PJSC or simply Surgutneftegas, is a Russian-based integrated oil and gas company. The company's operations include exploration, production, refinement, and sales of oil and gas. Upstream, it produces oil and gas from fields concentrated in Eastern and Western Serbia. Much of its upstream revenue comes from exporting crude oil. Downstream, Surgutneftegas refines, markets, distributes and sells refined oil products such as gasoline and diesel fuels. Included in its distribution network are oil storage depots, tanker trucks, and filling stations. Similar to its upstream operations, the majority of downstream revenue comes from exporting refined oil products.
17GF Score

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