Brooge Energy (Brooge Energy) Days Payable : 161.39 (As of Jun. 2023)

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What is Brooge Energy Days Payable?

Brooge Energy's average Accounts Payable for the six months ended in Jun. 2023 was $9.9 Mil. Brooge Energy's Cost of Goods Sold for the six months ended in Jun. 2023 was $11.1 Mil. Hence, Brooge Energy's Days Payable for the six months ended in Jun. 2023 was 161.39.

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

BROG' s Days Payable Range Over the Past 10 Years
Min: 59.46 Med: 156.4 Max: 492.92
Current: 137.36

During the past 6 years, Brooge Energy's highest Days Payable was 492.92. The lowest was 59.46. And the median was 156.40.

BROG's Days Payable is ranked better than
74.67% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs BROG: 137.36

Brooge Energy's Days Payable increased from Jun. 2022 (156.40) to Jun. 2023 (161.39). It may suggest that Brooge Energy delayed paying its suppliers.

Brooge Energy Days Payable Historical Data

The historical data trend for Brooge 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.

Brooge Energy Days Payable Chart

Brooge Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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59.46

492.92

418.97

156.40

140.18

Brooge Energy Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Payable	Get a 7-Day Free Trial						94.46	213.71	156.40	127.93	161.39

Competitive Comparison of Brooge Energy's Days Payable

For the Oil & Gas Midstream subindustry, Brooge 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.

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

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

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

Brooge 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.

Brooge Energy's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (9.113	+	9.853)	/	2 )	/	24.692	*	365
=	9.483					/	24.692	*	365
=	140.18

Brooge Energy's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2022 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (9.853	+	0)	/	1 )	/	11.142	*	365 / 2
=	9.853					/	11.142	*	365 / 2
=	161.39

Brooge Energy Days Payable Related Terms

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Brooge Energy (Brooge Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Brooge Energy Ltd (NAS:BROG) » Definitions » Days Payable

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Traded in Other Exchanges

3SF:Germany

Address

c/o Brooge Petroleum and Gas Investment Company FZE, P.O. Box 50170, Fujairah, ARE

Website

https://www.broogeenergy.com

Brooge Energy Ltd is an Oil Refinery & Storage Company in the United Arab Emirates. The company generates revenue from the leasing of storage capacity of tanks and other ancillary services.