GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Attock Petroleum Ltd (KAR:APL) » Definitions » Days Payable

Attock Petroleum (KAR:APL) Days Payable : 6.87 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Attock Petroleum Days Payable?

Attock Petroleum's average Accounts Payable for the three months ended in Mar. 2024 was ₨8,972 Mil. Attock Petroleum's Cost of Goods Sold for the three months ended in Mar. 2024 was ₨119,176 Mil. Hence, Attock Petroleum's Days Payable for the three months ended in Mar. 2024 was 6.87.

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

KAR:APL' s Days Payable Range Over the Past 10 Years
Min: 5.84   Med: 6.4   Max: 10.97
Current: 6.55

During the past 13 years, Attock Petroleum's highest Days Payable was 10.97. The lowest was 5.84. And the median was 6.40.

KAR:APL's Days Payable is ranked worse than
96.34% of 901 companies
in the Oil & Gas industry
Industry Median: 60.98 vs KAR:APL: 6.55

Attock Petroleum's Days Payable increased from Mar. 2023 (6.40) to Mar. 2024 (6.87). It may suggest that Attock Petroleum delayed paying its suppliers.


Attock Petroleum Days Payable Historical Data

The historical data trend for Attock Petroleum'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.

Attock Petroleum Days Payable Chart

Attock Petroleum 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 5.84 6.02 10.57 10.97 6.40

Attock Petroleum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.40 6.09 5.25 5.77 6.87

Competitive Comparison of Attock Petroleum's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Attock Petroleum'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.


Attock Petroleum's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Attock Petroleum's Days Payable falls into.



Attock Petroleum 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.

Attock Petroleum'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
=( (12048.238 + 3666.859) / 2 ) / 447867.661*365
=7857.5485 / 447867.661*365
=6.40

Attock Petroleum'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
=( (5915.713 + 12028.901) / 2 ) / 119175.589*365 / 4
=8972.307 / 119175.589*365 / 4
=6.87

* 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.


Attock Petroleum Days Payable Related Terms

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


Attock Petroleum (KAR:APL) Business Description

Traded in Other Exchanges
N/A
Address
Attock House, 2nd, 7th and 8th Floor, Morgah, Rawalpindi, PB, PAK
Attock Petroleum Ltd is a Pakistan-based company engaged in the procurement, storage, and marketing of petroleum and related products including High-Speed Diesel, Premier Motor Gasoline, Furnace Oil, Bitumen, Kerosene, and Lubricants. Its products include diesel engine grades, gasoline engine grades, industrial grades, and gear oils. The company markets and supplies fuels to retail outlets, industries, armed forces, power producers, government/semi-government entities, the developmental sector, and agricultural customers. The company generates the majority of its revenue from the sale of Premier Motor Gasoline product.

Attock Petroleum (KAR:APL) Headlines

No Headlines