Northern Drilling (OSL:NODL) Days Payable : 0.00 (As of Jun. 2023)

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What is Northern Drilling Days Payable?

Northern Drilling's average Accounts Payable for the six months ended in Jun. 2023 was kr0.00 Mil. Northern Drilling's Cost of Goods Sold for the six months ended in Jun. 2023 was kr0.00 Mil.

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

OSL:NODL's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.48
* Ranked among companies with meaningful Days Payable only.

Northern Drilling's Days Payable stayed the same from Jun. 2022 (0.00) to Jun. 2023 (0.00).

Northern Drilling Days Payable Historical Data

The historical data trend for Northern Drilling'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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Northern Drilling Days Payable Chart

Northern Drilling Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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Northern Drilling Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Northern Drilling's Days Payable

For the Oil & Gas Drilling subindustry, Northern Drilling'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.

Northern Drilling's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Northern Drilling's Days Payable falls into.

Northern Drilling 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.

Northern Drilling's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Northern Drilling'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: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Northern Drilling Days Payable Related Terms

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Northern Drilling (OSL:NODL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Northern Drilling Ltd (OSL:NODL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NODLo:Sweden

Address

14 Par La Ville Road, Par La Ville Place, Hamilton, BMU, HM08

Website

https://www.northerndrillingltd.com

Northern Drilling Ltd is an international drilling contractor for the oil and gas industry, with the ambition of acquiring and operating modern drilling assets, and is expected to be primarily engaged in offshore contract drilling in ultra-deepwater environments. West Aquila and West Libra are some of its major sophisticated high-end drilling units.

Northern Drilling (OSL:NODL) Headlines

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