Saturn Oil & Gas (TSX:SOIL) Days Payable : 148.85 (As of Dec. 2024)

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What is Saturn Oil & Gas Days Payable?

Saturn Oil & Gas's average Accounts Payable for the three months ended in Dec. 2024 was C$176.2 Mil. Saturn Oil & Gas's Cost of Goods Sold for the three months ended in Dec. 2024 was C$108.0 Mil. Hence, Saturn Oil & Gas's Days Payable for the three months ended in Dec. 2024 was 148.85.

The historical rank and industry rank for Saturn Oil & Gas's Days Payable or its related term are showing as below:

TSX:SOIL' s Days Payable Range Over the Past 10 Years
Min: 142.09 Med: 319.97 Max: 4091.42
Current: 149.94

During the past 13 years, Saturn Oil & Gas's highest Days Payable was 4091.42. The lowest was 142.09. And the median was 319.97.

TSX:SOIL's Days Payable is ranked better than
76.46% of 871 companies
in the Oil & Gas industry
Industry Median: 59.79 vs TSX:SOIL: 149.94

Saturn Oil & Gas's Days Payable declined from Dec. 2023 (159.60) to Dec. 2024 (148.85). It may suggest that Saturn Oil & Gas accelerated paying its suppliers.

Saturn Oil & Gas Days Payable Historical Data

The historical data trend for Saturn Oil & Gas'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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Saturn Oil & Gas Days Payable Chart

Saturn Oil & Gas Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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507.62

181.01

166.35

142.09

155.98

Saturn Oil & Gas 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															159.60	171.70	141.62	138.02	148.85

Competitive Comparison of Saturn Oil & Gas's Days Payable

For the Oil & Gas E&P subindustry, Saturn Oil & Gas'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.

Saturn Oil & Gas's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Saturn Oil & Gas's Days Payable falls into.

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Saturn Oil & Gas 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.

Saturn Oil & Gas'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
=	( (122.133	+	171.116)	/	2 )	/	343.108	*	365
=	146.6245					/	343.108	*	365
=	155.98

Saturn Oil & Gas'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
=	( (181.327	+	171.116)	/	2 )	/	108.031	*	365 / 4
=	176.2215					/	108.031	*	365 / 4
=	148.85

Saturn Oil & Gas Days Payable Related Terms

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Saturn Oil & Gas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saturn Oil & Gas Inc (TSX:SOIL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OILSF:USA SMKA:Germany SMKA:Germany

Address

525 - 8th Avenue SW, Suite 2800, Calgary, AB, CAN, T2P 1G1

Website

https://www.saturnoil.com

Saturn Oil & Gas Inc is a resource company engaged in the business of acquiring, exploration, and development of petroleum and natural gas resource deposits in Canada. Its focus is to advance the exploration of its oil and gas properties in Alberta and Southeast Saskatchewan. The company generates the majority of its revenue from the sale of oil, natural gas, and NGLs production under variable price contracts.

Executives

Murray Ernest James Payne	Director
John Jeffrey	Director, Senior Officer
Scott Jeffrey Sanborn	Senior Officer
Grant Alexandre Mackenzie	Director
Ivan Ray Bergerman	Director
Justin Joseph Raymond Kaufmann	Senior Officer
Thomas Joerg Gutschlag	Director
Cindy Gray	Senior Officer
Gmt Capital Corp	Director