Petrel Resources (STU:PQ4) Days Payable : 0.00 (As of Jun. 2023)

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What is Petrel Resources Days Payable?

Petrel Resources's average Accounts Payable for the six months ended in Jun. 2023 was €0.94 Mil. Petrel Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was €0.00 Mil.

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

STU:PQ4's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 60.98
* Ranked among companies with meaningful Days Payable only.

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

Petrel Resources Days Payable Historical Data

The historical data trend for Petrel Resources'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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Petrel Resources Days Payable Chart

Petrel Resources Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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Petrel Resources Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Petrel Resources's Days Payable

For the Oil & Gas E&P subindustry, Petrel Resources'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.

Petrel Resources's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Petrel Resources's Days Payable falls into.

Petrel Resources 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.

Petrel Resources'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

Petrel Resources'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	+	0.935)	/	1 )	/	0	*	365 / 2
=	0.935					/	0	*	365 / 2
=	N/A

Petrel Resources Days Payable Related Terms

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Petrel Resources (STU:PQ4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrel Resources PLC (STU:PQ4) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PET.GB:UK PET:UK

Address

162 Clontarf Road, Dublin, IRL, 3

Website

https://www.petrelresources.com

Petrel Resources PLC is an oil exploration company. The company has a class of business: Oil Exploration and Development. It has operations in Iraq, Africa, and Ireland. It has frontier exploration licenses (FELs), which include FEL 3/14, and FEL 11/18.

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