Etablissements Maurel & Prom (XPAR:MAU) Days Payable : 52.58 (As of Dec. 2023)

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What is Etablissements Maurel & Prom Days Payable?

Etablissements Maurel & Prom's average Accounts Payable for the six months ended in Dec. 2023 was €58.0 Mil. Etablissements Maurel & Prom's Cost of Goods Sold for the six months ended in Dec. 2023 was €201.2 Mil. Hence, Etablissements Maurel & Prom's Days Payable for the six months ended in Dec. 2023 was 52.58.

The historical rank and industry rank for Etablissements Maurel & Prom's Days Payable or its related term are showing as below:

XPAR:MAU' s Days Payable Range Over the Past 10 Years
Min: 84.79 Med: 109.03 Max: 205.7
Current: 84.79

During the past 13 years, Etablissements Maurel & Prom's highest Days Payable was 205.70. The lowest was 84.79. And the median was 109.03.

XPAR:MAU's Days Payable is ranked better than
61.78% of 900 companies
in the Oil & Gas industry
Industry Median: 61.27 vs XPAR:MAU: 84.79

Etablissements Maurel & Prom's Days Payable declined from Dec. 2022 (68.18) to Dec. 2023 (52.58). It may suggest that Etablissements Maurel & Prom accelerated paying its suppliers.

Etablissements Maurel & Prom Days Payable Historical Data

The historical data trend for Etablissements Maurel & Prom'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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Etablissements Maurel & Prom Days Payable Chart

Etablissements Maurel & Prom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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102.80

163.92

205.70

124.00

94.56

Etablissements Maurel & Prom Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															90.75	574.50	68.18	174.28	52.58

Competitive Comparison of Etablissements Maurel & Prom's Days Payable

For the Oil & Gas E&P subindustry, Etablissements Maurel & Prom'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.

Etablissements Maurel & Prom's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Etablissements Maurel & Prom's Days Payable falls into.

Etablissements Maurel & Prom 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.

Etablissements Maurel & Prom'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
=	( (64.987	+	69.323)	/	2 )	/	259.209	*	365
=	67.155					/	259.209	*	365
=	94.56

Etablissements Maurel & Prom'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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (46.596	+	69.323)	/	2 )	/	201.166	*	365 / 2
=	57.9595					/	201.166	*	365 / 2
=	52.58

Etablissements Maurel & Prom Days Payable Related Terms

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Etablissements Maurel & Prom (XPAR:MAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Etablissements Maurel & Prom (XPAR:MAU) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ETX:Germany

Address

51, rue d'Anjou, Paris, FRA, 75008

Website

http://www.maureletprom.fr

Etablissements Maurel & Prom is a part of the oil & gas industry in France. It specializes in the extraction and production of hydrocarbons. Its activities are split into three segments, namely Exploration, Production, and Drilling. The production of hydrocarbons being its primary activity generates the bulk of the company's revenues. The Production segment focuses on the production of hydrocarbons in Gabon (oil) and Tanzania. The Drilling segment is known for its ownership of a fleet of drilling rigs. The company's revenue is generated through its activities in Africa.

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