Serinus Energy (Serinus Energy) Days Payable : 236.28 (As of Mar. 2024)

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What is Serinus Energy Days Payable?

Serinus Energy's average Accounts Payable for the three months ended in Mar. 2024 was $9.28 Mil. Serinus Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $3.58 Mil. Hence, Serinus Energy's Days Payable for the three months ended in Mar. 2024 was 236.28.

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

SNUYF' s Days Payable Range Over the Past 10 Years
Min: 91.34 Med: 300.63 Max: 982.26
Current: 279.85

During the past 13 years, Serinus Energy's highest Days Payable was 982.26. The lowest was 91.34. And the median was 300.63.

SNUYF's Days Payable is ranked better than
86.43% of 899 companies
in the Oil & Gas industry
Industry Median: 61.11 vs SNUYF: 279.85

Serinus Energy's Days Payable declined from Mar. 2023 (242.76) to Mar. 2024 (236.28). It may suggest that Serinus Energy accelerated paying its suppliers.

Serinus Energy Days Payable Historical Data

The historical data trend for Serinus 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.

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Serinus Energy Days Payable Chart

Serinus Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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248.00

207.53

133.90

95.45

220.29

Serinus 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															242.76	283.82	357.81	256.67	236.28

Competitive Comparison of Serinus Energy's Days Payable

For the Oil & Gas E&P subindustry, Serinus 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.

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

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

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

Serinus 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.

Serinus 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
=	( (9.295	+	9.32)	/	2 )	/	15.422	*	365
=	9.3075					/	15.422	*	365
=	220.29

Serinus 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
=	( (9.32	+	9.23)	/	2 )	/	3.582	*	365 / 4
=	9.275					/	3.582	*	365 / 4
=	236.28

Serinus Energy Days Payable Related Terms

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Serinus Energy (Serinus Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Serinus Energy PLC (OTCPK:SNUYF) » Definitions » Days Payable

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Traded in Other Exchanges

SEN:Poland SENX:UK

Address

54 Bath Street, 2nd Floor, The Le Gallais Building, St Helier, JEY, JE1 1FW

Website

https://www.serinusenergy.com

Serinus Energy PLC operates as an oil exploration and development company. The company offers oil and gas production services and it has operations in Romania and Tunisia. The company currently holds three Tunisia concessions: the Sabria concession, the Chouech Es Saida concession, and the Ech Chouech concession. In Romania, it has one of the largest exploration blocks which is the Satu Mare concession.

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