Gaztransport et technigaz (XPAR:GTT) Days Payable : 276.43 (As of Dec. 2023)

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What is Gaztransport et technigaz Days Payable?

Gaztransport et technigaz's average Accounts Payable for the six months ended in Dec. 2023 was €27.6 Mil. Gaztransport et technigaz's Cost of Goods Sold for the six months ended in Dec. 2023 was €18.3 Mil. Hence, Gaztransport et technigaz's Days Payable for the six months ended in Dec. 2023 was 276.43.

The historical rank and industry rank for Gaztransport et technigaz's Days Payable or its related term are showing as below:

XPAR:GTT' s Days Payable Range Over the Past 10 Years
Min: 338.82 Med: 903.56 Max: 2640.54
Current: 338.82

During the past 13 years, Gaztransport et technigaz's highest Days Payable was 2640.54. The lowest was 338.82. And the median was 903.56.

XPAR:GTT's Days Payable is ranked better than
87.89% of 900 companies
in the Oil & Gas industry
Industry Median: 60.215 vs XPAR:GTT: 338.82

Gaztransport et technigaz's Days Payable declined from Dec. 2022 (310.51) to Dec. 2023 (276.43). It may suggest that Gaztransport et technigaz accelerated paying its suppliers.

Gaztransport et technigaz Days Payable Historical Data

The historical data trend for Gaztransport et technigaz'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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Gaztransport et technigaz Days Payable Chart

Gaztransport et technigaz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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464.41

438.36

357.44

369.24

360.89

Gaztransport et technigaz Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															279.31	383.86	310.51	420.28	276.43

Competitive Comparison of Gaztransport et technigaz's Days Payable

For the Oil & Gas Equipment & Services subindustry, Gaztransport et technigaz'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.

Gaztransport et technigaz's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gaztransport et technigaz's Days Payable falls into.

Gaztransport et technigaz 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.

Gaztransport et technigaz'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
=	( (23.765	+	32.367)	/	2 )	/	28.386	*	365
=	28.066					/	28.386	*	365
=	360.89

Gaztransport et technigaz'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (22.919	+	32.367)	/	2 )	/	18.25	*	365 / 2
=	27.643					/	18.25	*	365 / 2
=	276.43

Gaztransport et technigaz Days Payable Related Terms

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Gaztransport et technigaz (XPAR:GTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gaztransport et technigaz SA (XPAR:GTT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

GZPZY:USA GZPZF:USA GTTp:UK 0QT5:UK 9TG:Germany

Address

1, Route de Versailles, Saint-Remy-les-Chevreuse, FRA, 78470

Website

https://www.gtt.fr

Gaztransport et technigaz SA is a France-based company that provides services relating to the building of liquefied natural gas storage and transport facilities. The company owns its proprietary testing laboratories and conducts research through its partnerships with research institutions, engineering companies, laboratories and universities. The company's clients mainly comprise liquefied natural gas carriers. The company generated almost all its revenue from South Korea and China.

Gaztransport et technigaz (XPAR:GTT) Headlines

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