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King Stone Energy Group (King Stone Energy Group) Days Payable : 68.79 (As of Jun. 2023)


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What is King Stone Energy Group Days Payable?

King Stone Energy Group's average Accounts Payable for the six months ended in Jun. 2023 was $2.42 Mil. King Stone Energy Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $6.41 Mil. Hence, King Stone Energy Group's Days Payable for the six months ended in Jun. 2023 was 68.79.

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

YNSKF' s Days Payable Range Over the Past 10 Years
Min: 9.77   Med: 30.98   Max: 142.29
Current: 33.86

During the past 13 years, King Stone Energy Group's highest Days Payable was 142.29. The lowest was 9.77. And the median was 30.98.

YNSKF's Days Payable is not ranked
in the Conglomerates industry.
Industry Median: 59.465 vs YNSKF: 33.86

King Stone Energy Group's Days Payable increased from Jun. 2022 (18.44) to Jun. 2023 (68.79). It may suggest that King Stone Energy Group delayed paying its suppliers.


King Stone Energy Group Days Payable Historical Data

The historical data trend for King Stone Energy Group'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.

King Stone Energy Group Days Payable Chart

King Stone Energy Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.48 27.66 9.75 24.68 30.45

King Stone Energy Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.83 14.35 18.44 17.23 68.79

Competitive Comparison of King Stone Energy Group's Days Payable

For the Conglomerates subindustry, King Stone Energy Group'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.


King Stone Energy Group's Days Payable Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, King Stone Energy Group's Days Payable distribution charts can be found below:

* The bar in red indicates where King Stone Energy Group's Days Payable falls into.



King Stone Energy Group 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.

King Stone Energy Group's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

Days Payable (A: Dec. 2022 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2021 ) + Accounts Payable (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.935 + 2) / 2 ) / 17.591*365
=1.4675 / 17.591*365
=30.45

King Stone Energy Group'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. 2022 ) + Accounts Payable (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (2 + 2.831) / 2 ) / 6.408*365 / 2
=2.4155 / 6.408*365 / 2
=68.79

* 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.


King Stone Energy Group Days Payable Related Terms

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King Stone Energy Group (King Stone Energy Group) Business Description

Traded in Other Exchanges
Address
138 Queen’s Road Central, 17th Floor, V Heun Building, Central, Hong Kong, HKG
King Stone Energy Group Ltd is an Investment Holding company. The company operates through seven segments namely silver mining, Oil and gas, Asset financing, Photovoltaic, Trading, and Tourism. It operates in Mainland China and the United States. The company's majorityt of the revenue comes from Mainland China.

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