Empyrean Energy (LSE:EME) Days Payable : 0.00 (As of Sep. 2023)

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What is Empyrean Energy Days Payable?

Empyrean Energy's average Accounts Payable for the six months ended in Sep. 2023 was £1.82 Mil. Empyrean Energy's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.00 Mil.

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

During the past 13 years, Empyrean Energy's highest Days Payable was 64605.00. The lowest was 47.76. And the median was 11018.44.

LSE:EME's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.41
* Ranked among companies with meaningful Days Payable only.

Empyrean Energy's Days Payable stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Empyrean Energy Days Payable Historical Data

The historical data trend for Empyrean 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.

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Empyrean Energy Days Payable Chart

Empyrean Energy Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Payable

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Empyrean Energy Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Payable	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Empyrean Energy's Days Payable

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

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

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

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

Empyrean 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.

Empyrean Energy's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

	Days Payable (A: Mar. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Mar. 2022 )	+	Accounts Payable (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0.222	+	1.85)	/	2 )	/	0	*	365
=	1.036					/	0	*	365
=	N/A

Empyrean Energy's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (1.85	+	1.78)	/	2 )	/	0	*	365 / 2
=	1.815					/	0	*	365 / 2
=	N/A

Empyrean Energy Days Payable Related Terms

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Empyrean Energy (LSE:EME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Empyrean Energy PLC (LSE:EME) » Definitions » Days Payable

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Address

22 Railway Road, Unit 32/33, Level 3, Subiaco, WA, AUS, 6008

Website

https://www.empyreanenergy.com

Empyrean Energy PLC is an oil and gas explorer and producer. The company is engaged in the exploration, evaluation, and development and production of oil and gas properties. Its projects include China Block 29/11 Project, Duyung PSC Project, Sacramento Basin Projects, and Other Projects. Geographically, it generates majority of its revenue from the United States.