Beach Energy (ASX:BPT) Days Payable : 104.73 (As of Dec. 2023)

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What is Beach Energy Days Payable?

Beach Energy's average Accounts Payable for the six months ended in Dec. 2023 was A$393 Mil. Beach Energy's Cost of Goods Sold for the six months ended in Dec. 2023 was A$685 Mil. Hence, Beach Energy's Days Payable for the six months ended in Dec. 2023 was 104.73.

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

ASX:BPT' s Days Payable Range Over the Past 10 Years
Min: 70.06 Med: 100.61 Max: 130.92
Current: 114.95

During the past 13 years, Beach Energy's highest Days Payable was 130.92. The lowest was 70.06. And the median was 100.61.

ASX:BPT's Days Payable is ranked better than
70.78% of 900 companies
in the Oil & Gas industry
Industry Median: 61.27 vs ASX:BPT: 114.95

Beach Energy's Days Payable declined from Dec. 2022 (118.41) to Dec. 2023 (104.73). It may suggest that Beach Energy accelerated paying its suppliers.

Beach Energy Days Payable Historical Data

The historical data trend for Beach 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.

Beach Energy Days Payable Chart

Beach Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Payable

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93.37

105.54

103.17

110.48

115.79

Beach Energy 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															100.59	107.06	118.41	119.81	104.73

Competitive Comparison of Beach Energy's Days Payable

For the Oil & Gas E&P subindustry, Beach 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.

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

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

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

Beach 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.

Beach Energy'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
=	( (334.9	+	329.9)	/	2 )	/	1047.8	*	365
=	332.4					/	1047.8	*	365
=	115.79

Beach Energy'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
=	( (329.9	+	455.8)	/	2 )	/	684.6	*	365 / 2
=	392.85					/	684.6	*	365 / 2
=	104.73

Beach Energy Days Payable Related Terms

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Beach Energy (ASX:BPT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

BEPTF:USA BPS:Germany

Address

80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000

Website

https://www.beachenergy.com.au

Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.