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Byron Energy (ASX:BYE) Days Payable : 208.96 (As of Dec. 2023)


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What is Byron Energy Days Payable?

Byron Energy's average Accounts Payable for the six months ended in Dec. 2023 was A$8.45 Mil. Byron Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was A$7.38 Mil. Hence, Byron Energy's Days Payable for the six months ended in Dec. 2023 was 208.96.

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

ASX:BYE' s Days Payable Range Over the Past 10 Years
Min: 52.09   Med: 205.65   Max: 517.6
Current: 87.96

During the past 13 years, Byron Energy's highest Days Payable was 517.60. The lowest was 52.09. And the median was 205.65.

ASX:BYE's Days Payable is ranked better than
62.03% of 898 companies
in the Oil & Gas industry
Industry Median: 61.48 vs ASX:BYE: 87.96

Byron Energy's Days Payable declined from Dec. 2022 (378.96) to Dec. 2023 (208.96). It may suggest that Byron Energy accelerated paying its suppliers.


Byron Energy Days Payable Historical Data

The historical data trend for Byron Energy'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.

Byron Energy Days Payable Chart

Byron Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 279.44 253.10 52.09 158.19 146.08

Byron Energy 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 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 206.39 130.86 378.96 31.96 208.96

Competitive Comparison of Byron Energy's Days Payable

For the Oil & Gas E&P subindustry, Byron Energy'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.


Byron Energy's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Byron Energy's Days Payable falls into.



Byron Energy 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.

Byron Energy's Days Payable for the fiscal year that ended in Jun. 2023 is calculated as

Days Payable (A: Jun. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2022 ) + Accounts Payable (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (21.89 + 2.637) / 2 ) / 30.642*365
=12.2635 / 30.642*365
=146.08

Byron Energy'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
=( (2.637 + 14.263) / 2 ) / 7.38*365 / 2
=8.45 / 7.38*365 / 2
=208.96

* 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.


Byron Energy Days Payable Related Terms

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Byron Energy (ASX:BYE) Business Description

Traded in Other Exchanges
Address
480 Collins Street, Level 4, Melbourne, VIC, AUS, 3000
Byron Energy Ltd engages in the exploration and development of oil and gas properties in the United States. It holds 50-100% working interests in the shallow waters of the Gulf of Mexico and transition zone, including the State Waters and adjacent coastline in the United States.

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