Galp Energia SGPS (XLIS:GALP) Days Payable : 22.89 (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is Galp Energia SGPS Days Payable?

Galp Energia SGPS's average Accounts Payable for the three months ended in Dec. 2023 was €1,156 Mil. Galp Energia SGPS's Cost of Goods Sold for the three months ended in Dec. 2023 was €4,608 Mil. Hence, Galp Energia SGPS's Days Payable for the three months ended in Dec. 2023 was 22.89.

The historical rank and industry rank for Galp Energia SGPS's Days Payable or its related term are showing as below:

XLIS:GALP' s Days Payable Range Over the Past 10 Years
Min: 8.87 Med: 17.65 Max: 24.36
Current: 21.45

During the past 13 years, Galp Energia SGPS's highest Days Payable was 24.36. The lowest was 8.87. And the median was 17.65.

XLIS:GALP's Days Payable is ranked worse than
84.67% of 900 companies
in the Oil & Gas industry
Industry Median: 59.43 vs XLIS:GALP: 21.45

Galp Energia SGPS's Days Payable increased from Dec. 2022 (17.29) to Dec. 2023 (22.89). It may suggest that Galp Energia SGPS delayed paying its suppliers.

Galp Energia SGPS Days Payable Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS Days Payable Chart

Galp Energia SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

21.40

24.36

18.68

13.70

23.32

Galp Energia SGPS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															17.29	19.82	20.39	20.74	22.89

Competitive Comparison of Galp Energia SGPS's Days Payable

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.

Galp Energia SGPS's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Galp Energia SGPS's Days Payable falls into.

Galp Energia SGPS 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.

Galp Energia SGPS'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
=	( (1005	+	1268)	/	2 )	/	17791	*	365
=	1136.5					/	17791	*	365
=	23.32

Galp Energia SGPS's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1044	+	1268)	/	2 )	/	4608	*	365 / 4
=	1156					/	4608	*	365 / 4
=	22.89

Galp Energia SGPS Days Payable Related Terms

Thank you for viewing the detailed overview of Galp Energia SGPS's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Galp Energia SGPS (XLIS:GALP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Galp Energia SGPS SA (XLIS:GALP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GLPEY:USA GLPEF:USA GALPu:UK 0B67:UK GZ5:Germany

Address

Rua Tomas da Fonseca, Torre A, Lisboa, PRT, 1600-209

Website

https://www.galp.com

Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.

Galp Energia SGPS (XLIS:GALP) Headlines

No Headlines