Seacrest Petroleo Bermuda (OSL:SEAPT) Days Payable : 84.81 (As of Dec. 2023)

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What is Seacrest Petroleo Bermuda Days Payable?

Seacrest Petroleo Bermuda's average Accounts Payable for the three months ended in Dec. 2023 was kr410 Mil. Seacrest Petroleo Bermuda's Cost of Goods Sold for the three months ended in Dec. 2023 was kr442 Mil. Hence, Seacrest Petroleo Bermuda's Days Payable for the three months ended in Dec. 2023 was 84.81.

The historical rank and industry rank for Seacrest Petroleo Bermuda's Days Payable or its related term are showing as below:

OSL:SEAPT' s Days Payable Range Over the Past 10 Years
Min: 75.38 Med: 104.19 Max: 110.11
Current: 75.38

During the past 5 years, Seacrest Petroleo Bermuda's highest Days Payable was 110.11. The lowest was 75.38. And the median was 104.19.

OSL:SEAPT's Days Payable is ranked better than
57.33% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs OSL:SEAPT: 75.38

Seacrest Petroleo Bermuda's Days Payable declined from Dec. 2022 (111.88) to Dec. 2023 (84.81). It may suggest that Seacrest Petroleo Bermuda accelerated paying its suppliers.

Seacrest Petroleo Bermuda Days Payable Historical Data

The historical data trend for Seacrest Petroleo Bermuda'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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Seacrest Petroleo Bermuda Days Payable Chart

Seacrest Petroleo Bermuda Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

110.11

98.26

Seacrest Petroleo Bermuda Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial						111.88	174.27	39.30	68.32	84.81

Competitive Comparison of Seacrest Petroleo Bermuda's Days Payable

For the Oil & Gas E&P subindustry, Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Seacrest Petroleo Bermuda's Days Payable falls into.

Seacrest Petroleo Bermuda 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.

Seacrest Petroleo Bermuda'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
=	( (93.13	+	549.107)	/	2 )	/	1192.789	*	365
=	321.1185					/	1192.789	*	365
=	98.26

Seacrest Petroleo Bermuda'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: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (271.678	+	549.107)	/	2 )	/	441.566	*	365 / 4
=	410.3925					/	441.566	*	365 / 4
=	84.81

Seacrest Petroleo Bermuda Days Payable Related Terms

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Seacrest Petroleo Bermuda (OSL:SEAPT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Seacrest Petroleo Bermuda Ltd (OSL:SEAPT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

Z2UA:Germany

Address

99 Front Street, Hamilton, BMU, HM 12

Website

https://www.seacrestpetroleo.com

Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).

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