GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valeura Energy Inc (OTCPK:VLERF) » Definitions » Days Payable

Valeura Energy (Valeura Energy) Days Payable : 27.42 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Valeura Energy Days Payable?

Valeura Energy's average Accounts Payable for the three months ended in Mar. 2024 was $19.9 Mil. Valeura Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $66.2 Mil. Hence, Valeura Energy's Days Payable for the three months ended in Mar. 2024 was 27.42.

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

VLERF' s Days Payable Range Over the Past 10 Years
Min: 21.34   Med: 130.88   Max: 6155.87
Current: 61.55

During the past 13 years, Valeura Energy's highest Days Payable was 6155.87. The lowest was 21.34. And the median was 130.88.

VLERF's Days Payable is ranked better than
50.33% of 900 companies
in the Oil & Gas industry
Industry Median: 61.045 vs VLERF: 61.55

Valeura Energy's Days Payable declined from Mar. 2023 (70,051.33) to Mar. 2024 (27.42). It may suggest that Valeura Energy accelerated paying its suppliers.


Valeura Energy Days Payable Historical Data

The historical data trend for Valeura 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.

* Premium members only.

Valeura Energy Days Payable Chart

Valeura Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 218.16 132.19 79.35 6,296.25 21.33

Valeura Energy 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 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 70,051.33 61.80 43.01 53.13 27.42

Competitive Comparison of Valeura Energy's Days Payable

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


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

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

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



Valeura 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.

Valeura Energy'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
=( (0.97 + 21.868) / 2 ) / 195.383*365
=11.419 / 195.383*365
=21.33

Valeura Energy'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
=( (21.868 + 17.935) / 2 ) / 66.235*365 / 4
=19.9015 / 66.235*365 / 4
=27.42

* 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.


Valeura Energy Days Payable Related Terms

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


Valeura Energy (Valeura Energy) Business Description

Traded in Other Exchanges
Address
202 6th Avenue SW, Suite 1200, Bow Valley Square 1, Calgary, AB, CAN, T2P 2R9
Valeura Energy Inc is engaged in the exploration, development, and production of petroleum and natural gas in Turkey and Thailand.

Valeura Energy (Valeura Energy) Headlines