GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Exxon Mobil Corp (NYSE:XOM) » Definitions » Days Payable

Exxon Mobil (Exxon Mobil) Days Payable

: 66.68 (As of Dec. 2023)
View and export this data going back to 1920. Start your Free Trial

Exxon Mobil's average Accounts Payable for the three months ended in Dec. 2023 was $46,753 Mil. Exxon Mobil's Cost of Goods Sold for the three months ended in Dec. 2023 was $63,985 Mil. Hence, Exxon Mobil's Days Payable for the three months ended in Dec. 2023 was 66.68.

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

XOM' s Days Payable Range Over the Past 10 Years
Min: 32.72   Med: 40.8   Max: 70.22
Current: 70.22

During the past 13 years, Exxon Mobil's highest Days Payable was 70.22. The lowest was 32.72. And the median was 40.80.

XOM's Days Payable is ranked better than
55.38% of 901 companies
in the Oil & Gas industry
Industry Median: 60.33 vs XOM: 70.22

Exxon Mobil's Days Payable increased from Dec. 2022 (65.98) to Dec. 2023 (66.68). It may suggest that Exxon Mobil delayed paying its suppliers.


Exxon Mobil Days Payable Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.83 45.18 38.02 36.91 46.92

Exxon Mobil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 65.98 71.17 85.94 80.42 66.68

Competitive Comparison

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


Exxon Mobil Days Payable Distribution

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

* The bar in red indicates where Exxon Mobil's Days Payable falls into.



Exxon Mobil 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.

Exxon Mobil'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
=( (33169 + 31249) / 2 ) / 250555*365
=32209 / 250555*365
=46.92

Exxon Mobil'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: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (62257 + 31249) / 2 ) / 63985*365 / 4
=46753 / 63985*365 / 4
=66.68

* 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.


Exxon Mobil Days Payable Related Terms

Thank you for viewing the detailed overview of Exxon Mobil's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Exxon Mobil (Exxon Mobil) Business Description

Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.
Executives
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Darrin L Talley officer: Vice President 22777 SPRINGWOODS VILLAGE PKWY, C/O EXXON MOBIL CORPORATION, SPRING TX 77389
John D Harris director C/O FLEXTRONICS INTERNATIONAL USA, INC., 6201 AMERICA CENTER DRIVE, SAN JOSE CA 95002
Lawrence W Kellner director 1600 SMITH ST., HQSEO, HOUSTON TX 77002
Leonard M. Fox officer: Vice President and Controller 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, IRVING TX 75039-2298
James R. Chapman officer: VP, Tax and Treasurer 120 TREDEGAR STREET, RICHMOND VA 23219
Stephen A Littleton officer: Vice President and Secretary 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Wojnar Theodore J Jr officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Spellings James M Jr officer: Vice Pres. & Gen. Tax Counsel C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Linda D Ducharme officer: Executive Officer 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Darren W Woods officer: Vice President C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD, IRVING TX 75039-2298
Michael J Angelakis director 40 MORRIS AVENUE, BRYN MAWR PA 19010
Kathryn A Mikells officer: Senior Vice President 77 W. WACKER DRIVE, CHICAGO IL 60601
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Kaisa Hietala director 5959 LAS COLINAS BOULEVARD, C/O EXXON MOBIL CORPORATION, 5959 LAS COLINAS BOULEVARD TX 75039-2298

Exxon Mobil (Exxon Mobil) Headlines

From GuruFocus

Q2 2022 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2023 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q3 2022 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Exxon Mobil Corp Investor Day Transcript

By GuruFocus Research 01-23-2024

Q3 2023 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Exxon Mobil Corp Low Carbon Solutions Spotlight Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Exxon Mobil Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024