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Avila Energy (Avila Energy) Days Payable : 934.71 (As of Mar. 2024)


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What is Avila Energy Days Payable?

Avila Energy's average Accounts Payable for the three months ended in Mar. 2024 was $3.89 Mil. Avila Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.38 Mil. Hence, Avila Energy's Days Payable for the three months ended in Mar. 2024 was 934.71.

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

PTRVF' s Days Payable Range Over the Past 10 Years
Min: 160.43   Med: 358.7   Max: 1563.96
Current: 870.43

During the past 9 years, Avila Energy's highest Days Payable was 1563.96. The lowest was 160.43. And the median was 358.70.

PTRVF's Days Payable is ranked better than
94.33% of 899 companies
in the Oil & Gas industry
Industry Median: 61.41 vs PTRVF: 870.43

Avila Energy's Days Payable increased from Mar. 2023 (485.96) to Mar. 2024 (934.71). It may suggest that Avila Energy delayed paying its suppliers.


Avila Energy Days Payable Historical Data

The historical data trend for Avila Energy'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.

* Premium members only.

Avila Energy Days Payable Chart

Avila Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only - - 1,557.14 209.23 441.47

Avila Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 485.96 627.21 751.66 1,625.15 934.71

Competitive Comparison of Avila Energy's Days Payable

For the Oil & Gas E&P subindustry, Avila Energy'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.


Avila Energy's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Avila Energy's Days Payable falls into.



Avila Energy 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.

Avila Energy'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
=( (1.264 + 3.799) / 2 ) / 2.093*365
=2.5315 / 2.093*365
=441.47

Avila Energy's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (3.799 + 3.986) / 2 ) / 0.38*365 / 4
=3.8925 / 0.38*365 / 4
=934.71

* 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.


Avila Energy Days Payable Related Terms

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Avila Energy (Avila Energy) Business Description

Traded in Other Exchanges
Address
1439 17th Avenue SE, Suite 201, Calgary, AB, CAN, T2G 1J9
Avila Energy Corp is a producer, explorer, and developer of energy in Canada. The company generates revenue from the sale of commodities, which primarily consist of natural gas.

Avila Energy (Avila Energy) Headlines

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