PAO Sovcomflot (MIC:FLOT) Days Payable : 37.26 (As of Jun. 2023)

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What is PAO Sovcomflot Days Payable?

PAO Sovcomflot's average Accounts Payable for the three months ended in Jun. 2023 was ₽4,871 Mil. PAO Sovcomflot's Cost of Goods Sold for the three months ended in Jun. 2023 was ₽11,931 Mil. Hence, PAO Sovcomflot's Days Payable for the three months ended in Jun. 2023 was 37.26.

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

MIC:FLOT' s Days Payable Range Over the Past 10 Years
Min: 15.64 Med: 18.86 Max: 128.54
Current: 128.54

During the past 9 years, PAO Sovcomflot's highest Days Payable was 128.54. The lowest was 15.64. And the median was 18.86.

MIC:FLOT's Days Payable is ranked better than
73.44% of 900 companies
in the Oil & Gas industry
Industry Median: 61.27 vs MIC:FLOT: 128.54

PAO Sovcomflot's Days Payable increased from Mar. 2021 (29.14) to Jun. 2023 (37.26). It may suggest that PAO Sovcomflot delayed paying its suppliers.

PAO Sovcomflot Days Payable Historical Data

The historical data trend for PAO Sovcomflot'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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PAO Sovcomflot Days Payable Chart

PAO Sovcomflot Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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20.47

19.06

18.57

15.64

19.75

PAO Sovcomflot Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun23
Days Payable	Get a 7-Day Free Trial															29.14	30.02	34.92	13.61	37.26

Competitive Comparison of PAO Sovcomflot's Days Payable

For the Oil & Gas Midstream subindustry, PAO Sovcomflot'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.

PAO Sovcomflot's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where PAO Sovcomflot's Days Payable falls into.

PAO Sovcomflot 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.

PAO Sovcomflot's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (3846.602	+	5540.763)	/	2 )	/	86724.791	*	365
=	4693.6825					/	86724.791	*	365
=	19.75

PAO Sovcomflot's Days Payable for the quarter that ended in Jun. 2023 is calculated as:

	Days Payable (Q: Jun. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2021 )	+	Accounts Payable (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (5540.763	+	4201.439)	/	2 )	/	11930.535	*	365 / 4
=	4871.101					/	11930.535	*	365 / 4
=	37.26

PAO Sovcomflot Days Payable Related Terms

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PAO Sovcomflot (MIC:FLOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PAO Sovcomflot (MIC:FLOT) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Gasheka Street, Moscow, RUS, 125047

Website

https://www.scf-group.ru

PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.