Pason Systems (TSX:PSI) Days Payable : 0.00 (As of Dec. 2024)

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What is Pason Systems Days Payable?

Pason Systems's average Accounts Payable for the three months ended in Dec. 2024 was C$34.2 Mil. Pason Systems's Cost of Goods Sold for the three months ended in Dec. 2024 was C$-104.2 Mil.

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

TSX:PSI' s Days Payable Range Over the Past 10 Years
Min: 13.07 Med: 21.56 Max: 252.78
Current: 252.78

During the past 13 years, Pason Systems's highest Days Payable was 252.78. The lowest was 13.07. And the median was 21.56.

TSX:PSI's Days Payable is ranked better than
85.51% of 890 companies
in the Oil & Gas industry
Industry Median: 61.345 vs TSX:PSI: 252.78

Pason Systems's Days Payable stayed the same from Dec. 2023 (0.00) to Dec. 2024 (0.00). stayed the same

Pason Systems Days Payable Historical Data

The historical data trend for Pason Systems'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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Pason Systems Days Payable Chart

Pason Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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19.78

19.68

37.36

234.50

117.37

Pason Systems Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															-	57.80	84.34	84.57	-

Competitive Comparison of Pason Systems's Days Payable

For the Oil & Gas Equipment & Services subindustry, Pason Systems'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.

Pason Systems's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pason Systems's Days Payable falls into.

Pason Systems 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.

Pason Systems's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (14.246	+	19.311)	/	2 )	/	52.179	*	365
=	16.7785					/	52.179	*	365
=	117.37

Pason Systems's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (49.045	+	19.311)	/	2 )	/	-104.158	*	365 / 4
=	34.178					/	-104.158	*	365 / 4
=	N/A

Pason Systems Days Payable Related Terms

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Pason Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (TSX:PSI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PSYTF:USA 3PS:Germany

Address

6130 Third Street South East, Calgary, AB, CAN, T2H 1K4

Website

https://www.pason.com

Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's primary product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on three strategic business units: The North American (Canada and the United States) and International (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.

Executives

James Lee Bowzer	Director
Kevin Boston	Senior Officer
Russell Smith	Senior Officer
Bryce Mclean	Senior Officer
Jonathan Faber	Senior Officer
Lars Olesen	Senior Officer
Natalie Fenez	Senior Officer
Ryan Van Beurden	Senior Officer
Marcel Kessler	Director
Celine Boston	Senior Officer
Kenneth Brandon Mullen	Director
James Douglas Hill	10% Security Holder, Director, Senior Officer
Timur Kuru	Senior Officer