Senton Energy Co (SZSE:001331) Days Payable : 2.08 (As of Mar. 2024)

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What is Senton Energy Co Days Payable?

Senton Energy Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥27 Mil. Senton Energy Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥1,173 Mil. Hence, Senton Energy Co's Days Payable for the three months ended in Mar. 2024 was 2.08.

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

SZSE:001331' s Days Payable Range Over the Past 10 Years
Min: 3.57 Med: 22.98 Max: 34.44
Current: 3.57

During the past 6 years, Senton Energy Co's highest Days Payable was 34.44. The lowest was 3.57. And the median was 22.98.

SZSE:001331's Days Payable is ranked worse than
98% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs SZSE:001331: 3.57

Senton Energy Co's Days Payable declined from Mar. 2023 (5.58) to Mar. 2024 (2.08). It may suggest that Senton Energy Co accelerated paying its suppliers.

Senton Energy Co Days Payable Historical Data

The historical data trend for Senton Energy Co'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.

Senton Energy Co Days Payable Chart

Senton Energy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.47

34.44

25.18

10.25

3.77

Senton Energy Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial										5.58	5.06	6.04	2.53	2.08

Competitive Comparison of Senton Energy Co's Days Payable

For the Oil & Gas Midstream subindustry, Senton Energy Co'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.

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

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

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

Senton Energy Co 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.

Senton Energy Co'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
=	( (67.29	+	32.833)	/	2 )	/	4846.57	*	365
=	50.0615					/	4846.57	*	365
=	3.77

Senton Energy Co'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
=	( (32.833	+	20.558)	/	2 )	/	1172.889	*	365 / 4
=	26.6955					/	1172.889	*	365 / 4
=	2.08

Senton Energy Co Days Payable Related Terms

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Senton Energy Co (SZSE:001331) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Senton Energy Co Ltd (SZSE:001331) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5000, Heping Road, Economic Development Zone, Longkou City, Shandong Province, Yantai, CHN, 265700

Website

http://www.senton.cn

Senton Energy Co Ltd main business is LNG procurement, transportation, sales and crude oil, general cargo transportation services.

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