Belships ASA (OSL:BELCO) Days Payable : 5.35 (As of Mar. 2024)

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What is Belships ASA Days Payable?

Belships ASA's average Accounts Payable for the three months ended in Mar. 2024 was kr83 Mil. Belships ASA's Cost of Goods Sold for the three months ended in Mar. 2024 was kr1,411 Mil. Hence, Belships ASA's Days Payable for the three months ended in Mar. 2024 was 5.35.

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

OSL:BELCO' s Days Payable Range Over the Past 10 Years
Min: 3.18 Med: 7.24 Max: 12.49
Current: 5.61

During the past 13 years, Belships ASA's highest Days Payable was 12.49. The lowest was 3.18. And the median was 7.24.

OSL:BELCO's Days Payable is ranked worse than
96.79% of 935 companies
in the Transportation industry
Industry Median: 38.5 vs OSL:BELCO: 5.61

Belships ASA's Days Payable increased from Mar. 2023 (5.18) to Mar. 2024 (5.35). It may suggest that Belships ASA delayed paying its suppliers.

Belships ASA Days Payable Historical Data

The historical data trend for Belships ASA'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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Belships ASA Days Payable Chart

Belships ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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6.33

12.02

5.35

3.18

5.92

Belships ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															5.18	-	-	6.14	5.35

Competitive Comparison of Belships ASA's Days Payable

For the Marine Shipping subindustry, Belships ASA'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.

Belships ASA's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Belships ASA's Days Payable distribution charts can be found below:

* The bar in red indicates where Belships ASA's Days Payable falls into.

Belships ASA 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.

Belships ASA'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
=	( (68.262	+	82.76)	/	2 )	/	4658.446	*	365
=	75.511					/	4658.446	*	365
=	5.92

Belships ASA'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
=	( (82.76	+	0)	/	1 )	/	1411.028	*	365 / 4
=	82.76					/	1411.028	*	365 / 4
=	5.35

Belships ASA Days Payable Related Terms

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Belships ASA (OSL:BELCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Belships ASA (OSL:BELCO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

BELO:Sweden NS6:Germany

Address

Lilleakerveien 6D, 7th floor, Oslo, NOR, N-0283

Website

https://www.belships.com

Belships ASA is a fully integrated owner and operator of dry bulk ships. The company also provides commercial and technical ship management services. The Group is divided into the operating segments of dry bulk and technical management. The dry bulk segment is further divided into 2 reportable segments: own ships (owned or leased) and ships operating in the spot market and operation/commercial management. The operating segments have worldwide activities. Shipping, in general, offers a global service covering major global trade routes.

Belships ASA (OSL:BELCO) Headlines

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