Shell Oman Marketing CoOG (MUS:SOMS) Days Payable : 29.94 (As of Sep. 2024)

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What is Shell Oman Marketing CoOG Days Payable?

Shell Oman Marketing CoOG's average Accounts Payable for the three months ended in Sep. 2024 was ر.ع39.8 Mil. Shell Oman Marketing CoOG's Cost of Goods Sold for the three months ended in Sep. 2024 was ر.ع121.3 Mil. Hence, Shell Oman Marketing CoOG's Days Payable for the three months ended in Sep. 2024 was 29.94.

The historical rank and industry rank for Shell Oman Marketing CoOG's Days Payable or its related term are showing as below:

MUS:SOMS' s Days Payable Range Over the Past 10 Years
Min: 32.22 Med: 34.14 Max: 42.41
Current: 32.73

During the past 13 years, Shell Oman Marketing CoOG's highest Days Payable was 42.41. The lowest was 32.22. And the median was 34.14.

MUS:SOMS's Days Payable is ranked worse than
73.15% of 879 companies
in the Oil & Gas industry
Industry Median: 60.34 vs MUS:SOMS: 32.73

Shell Oman Marketing CoOG's Days Payable declined from Sep. 2023 (31.99) to Sep. 2024 (29.94). It may suggest that Shell Oman Marketing CoOG accelerated paying its suppliers.

Shell Oman Marketing CoOG Days Payable Historical Data

The historical data trend for Shell Oman Marketing CoOG'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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Shell Oman Marketing CoOG Days Payable Chart

Shell Oman Marketing CoOG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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33.71

42.41

35.42

32.22

32.27

Shell Oman Marketing CoOG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															31.99	33.92	33.51	31.85	29.94

Competitive Comparison of Shell Oman Marketing CoOG's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Shell Oman Marketing CoOG'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.

Shell Oman Marketing CoOG's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shell Oman Marketing CoOG's Days Payable distribution charts can be found below:

* The bar in red indicates where Shell Oman Marketing CoOG's Days Payable falls into.

Shell Oman Marketing CoOG 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.

Shell Oman Marketing CoOG'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
=	( (42.589	+	42.985)	/	2 )	/	483.995	*	365
=	42.787					/	483.995	*	365
=	32.27

Shell Oman Marketing CoOG's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (38.656	+	40.901)	/	2 )	/	121.25	*	365 / 4
=	39.7785					/	121.25	*	365 / 4
=	29.94

Shell Oman Marketing CoOG Days Payable Related Terms

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Shell Oman Marketing CoOG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shell Oman Marketing Co SAOG (MUS:SOMS) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mina Al-Fahal, P.O. Box 38, Muscat, OMN, 116

Website

https://www.shelloman.com.om

Shell Oman Marketing Co SAOG is engaged in the marketing and distribution of petroleum products and blending of lubricants. The company provides services and sells a wide range of Shell automotive, aviation and marine products, including fuels, lubricants, and greases. The company derives its revenue largely from the sale of refined petroleum products in the Sultanate of Oman.

Shell Oman Marketing CoOG Headlines

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