Bristow Group (FRA:ERG1) Days Payable : 57.52 (As of Mar. 2024)

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What is Bristow Group Days Payable?

Bristow Group's average Accounts Payable for the three months ended in Mar. 2024 was €80 Mil. Bristow Group's Cost of Goods Sold for the three months ended in Mar. 2024 was €127 Mil. Hence, Bristow Group's Days Payable for the three months ended in Mar. 2024 was 57.52.

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

FRA:ERG1' s Days Payable Range Over the Past 10 Years
Min: 23.13 Med: 24.44 Max: 53.03
Current: 53.03

During the past 5 years, Bristow Group's highest Days Payable was 53.03. The lowest was 23.13. And the median was 24.44.

FRA:ERG1's Days Payable is ranked worse than
55.51% of 899 companies
in the Oil & Gas industry
Industry Median: 61.11 vs FRA:ERG1: 53.03

Bristow Group's Days Payable increased from Mar. 2023 (29.88) to Mar. 2024 (57.52). It may suggest that Bristow Group delayed paying its suppliers.

Bristow Group Days Payable Historical Data

The historical data trend for Bristow Group'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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Bristow Group Days Payable Chart

Bristow Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Dec23

Days Payable

23.89

23.48

50.21

Bristow Group Quarterly Data
	Mar19	Jun19	Sep19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial														29.88	52.17	50.76	51.70	57.52

Competitive Comparison of Bristow Group's Days Payable

For the Oil & Gas Equipment & Services subindustry, Bristow Group'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.

Bristow Group's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Bristow Group's Days Payable falls into.

Bristow Group 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.

Bristow Group'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: Mar. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (57.655	+	80.591)	/	2 )	/	502.449	*	365
=	69.123					/	502.449	*	365
=	50.21

Bristow Group'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
=	( (80.591	+	80.003)	/	2 )	/	127.379	*	365 / 4
=	80.297					/	127.379	*	365 / 4
=	57.52

Bristow Group Days Payable Related Terms

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Bristow Group (FRA:ERG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Bristow Group Inc (FRA:ERG1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

VTOL:USA

Address

3151 Briarpark Drive, 7th Floor, Suite 700, Houston, TX, USA, 77042

Website

https://www.bristowgroup.com

Bristow Group Inc is the provider of vertical flight solutions. It provides aviation services to a broad base of major integrated, national and independent energy companies. The company provides commercial search and rescue (SAR) services in multiple countries and public sector SAR services in the United Kingdom on behalf of the Maritime & Coastguard Agency (MCA). Additionally, it offers fixed wing transportation and other aviation related solutions. Its oil and gas customers charter its helicopters to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. It has customers in Australia, Brazil, Canada, Chile, Colombia, Guyana, India, Mexico, Nigeria, Norway, Spain, Suriname, Trinidad, the U.K and the United States.

Bristow Group (FRA:ERG1) Headlines

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