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UJOGF (Union Jack Oil) Days Payable : 70.52 (As of Jun. 2024)


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What is Union Jack Oil Days Payable?

Union Jack Oil's average Accounts Payable for the six months ended in Jun. 2024 was $0.49 Mil. Union Jack Oil's Cost of Goods Sold for the six months ended in Jun. 2024 was $1.27 Mil. Hence, Union Jack Oil's Days Payable for the six months ended in Jun. 2024 was 70.52.

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

UJOGF' s Days Payable Range Over the Past 10 Years
Min: 25.02   Med: 295.8   Max: 928.37
Current: 289.02

During the past 12 years, Union Jack Oil's highest Days Payable was 928.37. The lowest was 25.02. And the median was 295.80.

UJOGF's Days Payable is ranked better than
86.92% of 879 companies
in the Oil & Gas industry
Industry Median: 60.34 vs UJOGF: 289.02

Union Jack Oil's Days Payable increased from Jun. 2023 (61.00) to Jun. 2024 (70.52). It may suggest that Union Jack Oil delayed paying its suppliers.


Union Jack Oil Days Payable Historical Data

The historical data trend for Union Jack Oil'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.

Union Jack Oil Days Payable Chart

Union Jack Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 403.92 175.80 71.57 26.21 51.72

Union Jack Oil Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 38.05 30.11 61.00 - 70.52

Competitive Comparison of Union Jack Oil's Days Payable

For the Oil & Gas E&P subindustry, Union Jack Oil'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.


Union Jack Oil's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Union Jack Oil's Days Payable falls into.



Union Jack Oil 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.

Union Jack Oil'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
=( (0.273 + 0.361) / 2 ) / 2.237*365
=0.317 / 2.237*365
=51.72

Union Jack Oil's Days Payable for the quarter that ended in Jun. 2024 is calculated as:

Days Payable (Q: Jun. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0.361 + 0.622) / 2 ) / 1.272*365 / 2
=0.4915 / 1.272*365 / 2
=70.52

* 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.


Union Jack Oil Days Payable Related Terms

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Union Jack Oil Business Description

Comparable Companies
Traded in Other Exchanges
Address
6 Charlotte Street, Bath, GBR, BA1 2NE
Union Jack Oil PLC is an onshore oil and gas exploration and production company. The company mainly focuses on segment Exploration & Evaluation and Development & Production. Its principal projects consist of Biscathorpe, Burton on the Wolds, Wressle, Fiskerton Airfield, and Keddington.

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