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WPX Energy (WPX Energy) Days Payable : 128.93 (As of Sep. 2020)


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What is WPX Energy Days Payable?

WPX Energy's average Accounts Payable for the three months ended in Sep. 2020 was $471 Mil. WPX Energy's Cost of Goods Sold for the three months ended in Sep. 2020 was $333 Mil. Hence, WPX Energy's Days Payable for the three months ended in Sep. 2020 was 128.93.

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

WPX' s Days Payable Range Over the Past 10 Years
Min: 41.14   Med: 53.52   Max: 151.11
Current: 151.11

During the past 11 years, WPX Energy's highest Days Payable was 151.11. The lowest was 41.14. And the median was 53.52.

WPX's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 59.19 vs WPX: 151.11

WPX Energy's Days Payable declined from Sep. 2019 (231.75) to Sep. 2020 (128.93). It may suggest that WPX Energy accelerated paying its suppliers.


WPX Energy Days Payable Historical Data

The historical data trend for WPX 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.

WPX Energy Days Payable Chart

WPX Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.39 41.90 59.02 47.58 48.85

WPX Energy Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 231.75 136.23 121.46 180.05 128.93

Competitive Comparison of WPX Energy's Days Payable

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


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

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

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



WPX 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.

WPX Energy's Days Payable for the fiscal year that ended in Dec. 2019 is calculated as

Days Payable (A: Dec. 2019 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2018 ) + Accounts Payable (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (130 + 162) / 2 ) / 1091*365
=146 / 1091*365
=48.85

WPX Energy's Days Payable for the quarter that ended in Sep. 2020 is calculated as:

Days Payable (Q: Sep. 2020 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2020 ) + Accounts Payable (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (412 + 529) / 2 ) / 333*365 / 4
=470.5 / 333*365 / 4
=128.93

* 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.


WPX Energy Days Payable Related Terms

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WPX Energy (WPX Energy) Business Description

Traded in Other Exchanges
N/A
Address
3500 One Williams Center, Tulsa, OK, USA, 74172-0172
WPX Energy, based in Tulsa, Oklahoma, is an unconventional oil and gas producer with acreage in the Williston Basin (Bakken), the Permian Basin, and the Rockies. At the end of 2019, the company reported net proven reserves of 528 million barrels of oil equivalent. Net production averaged 167 thousand barrels of oil equivalent per day in 2019, at a ratio of 79% liquids and 21% natural gas.
Executives
Bryan K Guderian officer: EVP Business Development ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
J Kevin Vann officer: EVP CFO ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Faulkner Stephen L Jr officer: VP Controller and CAO 3500 ONE WILLIAMS CENTER, TULSA OK 74172
Encap Energy Capital Fund X, L.p. director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Encap Partners Gp, Llc director, 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Felix Energy Investments Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Felix Investments Holdings Ii, Llc director, 10 percent owner 1530 16TH STREET, SUITE 500, DENVER CO 80202
Karl F Kurz director DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Swanson Douglas E Jr director 1100 LOUISIANA, SUITE 4900, HOUSTON TX 77002
D Martin Phillips director 1100 LOUISIANA STREET, SUITE 4900, HOUSTON TX 77002
Kimberly S Lubel director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
Kelt Kindick director DEVON ENERGY CORP, 333 W SHERIDAN AVE, OKLAHOMA CITY OK 73102
Valerie Williams director C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
John A Carrig director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Robert Herdman director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172