Petrolia SE (OSL:PSE) Days Payable : 0.00 (As of Dec. 2023)

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What is Petrolia SE Days Payable?

Petrolia SE's average Accounts Payable for the six months ended in Dec. 2023 was kr47.7 Mil. Petrolia SE's Cost of Goods Sold for the six months ended in Dec. 2023 was kr0.0 Mil.

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

OSL:PSE' s Days Payable Range Over the Past 10 Years
Min: 62.85 Med: 165.8 Max: 246.86
Current: 62.85

During the past 13 years, Petrolia SE's highest Days Payable was 246.86. The lowest was 62.85. And the median was 165.80.

OSL:PSE's Days Payable is ranked better than
51.39% of 899 companies
in the Oil & Gas industry
Industry Median: 61.13 vs OSL:PSE: 62.85

Petrolia SE's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Petrolia SE Days Payable Historical Data

The historical data trend for Petrolia SE'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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Petrolia SE Days Payable Chart

Petrolia SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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100.69

169.44

118.89

66.96

62.85

Petrolia SE 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															-	-	-	-	-

Competitive Comparison of Petrolia SE's Days Payable

For the Oil & Gas Equipment & Services subindustry, Petrolia SE'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.

Petrolia SE's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Petrolia SE's Days Payable falls into.

Petrolia SE 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.

Petrolia SE'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
=	( (33.405	+	42.377)	/	2 )	/	220.05	*	365
=	37.891					/	220.05	*	365
=	62.85

Petrolia SE'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
=	( (53.064	+	42.377)	/	2 )	/	0	*	365 / 2
=	47.7205					/	0	*	365 / 2
=	N/A

Petrolia SE Days Payable Related Terms

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Petrolia SE (OSL:PSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrolia SE (OSL:PSE) » Definitions » Days Payable

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Traded in Other Exchanges

PSEo:Sweden

Address

205 Christodoulou Chatzipavlou Street, Loulloupis Court, 4th Floor, Office 401, Limassol, CYP, 3036

Website

https://www.petrolia.eu

Petrolia SE is an international oil service company. The main activities of the company are within two segments: The energy division and the Energy Service division. The group operates in Norway, Europe outside Norway, Asia and Australia, and other regions. The company generates maximum revenue from Asia and Australia. It generates revenue by providing drilling equipment, such as drill pipes and test strings to oil companies, drilling contractors, and oil service companies.

Petrolia SE (OSL:PSE) Headlines

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