Crown Energy AB (NGM:CRWN) Days Payable : 17.69 (As of Dec. 2023)

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What is Crown Energy AB Days Payable?

Crown Energy AB's average Accounts Payable for the three months ended in Dec. 2023 was kr10.97 Mil. Crown Energy AB's Cost of Goods Sold for the three months ended in Dec. 2023 was kr56.60 Mil. Hence, Crown Energy AB's Days Payable for the three months ended in Dec. 2023 was 17.69.

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

NGM:CRWN' s Days Payable Range Over the Past 10 Years
Min: 13.71 Med: 125.77 Max: 24206.14
Current: 45.18

During the past 13 years, Crown Energy AB's highest Days Payable was 24206.14. The lowest was 13.71. And the median was 125.77.

NGM:CRWN's Days Payable is ranked worse than
72.59% of 1580 companies
in the Real Estate industry
Industry Median: 98.245 vs NGM:CRWN: 45.18

Crown Energy AB's Days Payable declined from Dec. 2022 (74.27) to Dec. 2023 (17.69). It may suggest that Crown Energy AB accelerated paying its suppliers.

Crown Energy AB Days Payable Historical Data

The historical data trend for Crown Energy AB'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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Crown Energy AB Days Payable Chart

Crown Energy AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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162.92

238.39

204.33

83.56

39.50

Crown Energy AB 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															74.27	128.68	126.92	183.71	17.69

Competitive Comparison of Crown Energy AB's Days Payable

For the Real Estate Services subindustry, Crown Energy AB'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.

Crown Energy AB's Days Payable Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crown Energy AB's Days Payable distribution charts can be found below:

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

Crown Energy AB 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.

Crown Energy AB'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
=	( (4.741	+	11.329)	/	2 )	/	74.248	*	365
=	8.035					/	74.248	*	365
=	39.50

Crown Energy AB'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
=	( (10.616	+	11.329)	/	2 )	/	56.597	*	365 / 4
=	10.9725					/	56.597	*	365 / 4
=	17.69

Crown Energy AB Days Payable Related Terms

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Crown Energy AB (NGM:CRWN) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

CWE:Germany

Address

Skeppargatan 27, Stockholm, SWE, SE-114 52

Website

http://www.crownenergy.se

Crown Energy AB is a Sweden based oil and gas company. It is principally engaged in the business activity of exploration and production in underexplored areas, initially in Africa and the Middle East. The firm creates value by finding and developing assets in early stages and then introducing oil and gas industry participants to the projects for further development and production. The group has operations in Equatorial Guinea, South Africa, Madagascar, and Iraq.