VAALCO Energy (VAALCO Energy) Days Payable

: 70.53 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

VAALCO Energy's average Accounts Payable for the three months ended in Dec. 2023 was $33.0 Mil. VAALCO Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $42.7 Mil. Hence, VAALCO Energy's Days Payable for the three months ended in Dec. 2023 was 70.53.

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

EGY' s Days Payable Range Over the Past 10 Years
Min: 49.33 Med: 90.83 Max: 214.61
Current: 49.33

During the past 13 years, VAALCO Energy's highest Days Payable was 214.61. The lowest was 49.33. And the median was 90.83.

EGY's Days Payable is ranked worse than
57.22% of 900 companies
in the Oil & Gas industry
Industry Median: 59.865 vs EGY: 49.33

VAALCO Energy's Days Payable declined from Dec. 2022 (119.46) to Dec. 2023 (70.53). It may suggest that VAALCO Energy accelerated paying its suppliers.

VAALCO Energy Days Payable Historical Data

The historical data trend for VAALCO 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 76.75 [6] => 104.46 [7] => 63.30 [8] => 84.63 [9] => 54.26 )

VAALCO Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

76.75

104.46

63.30

84.63

54.26

VAALCO Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																119.46	63.44	35.02	47.85	70.53

Competitive Comparison

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

VAALCO Energy Days Payable Distribution

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

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

VAALCO 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.

VAALCO 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
=	( (59.886	+	22.152)	/	2 )	/	275.943	*	365
=	41.019					/	275.943	*	365
=	54.26

VAALCO Energy'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
=	( (43.924	+	22.152)	/	2 )	/	42.745	*	365 / 4
=	33.038					/	42.745	*	365 / 4
=	70.53

VAALCO Energy Days Payable Related Terms

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

VAALCO Energy (VAALCO Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » VAALCO Energy Inc (NYSE:EGY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

EGY:UK VAW:Germany VAW:Germany

Address

9800 Richmond Avenue, Suite 700, Houston, TX, USA, 77042

Website

https://www.vaalco.com

VAALCO Energy Inc is an independent energy company operating in the United States. It is principally engaged in the acquisition, exploration, development, and production of crude oil and natural gas. The company operates through geographical segments namely Gabon, Egypt, Canada, Equatorial Guinea and Corporate and Other. The company generates maximum revenue from the Gabon segment.

Executives

Andrew Lawrence Fawthrop	director	9800 RICHMOND AVE., SUITE 700, HOUSTON TX 77042
Maxwell George W.m.	director, officer: Chief Executive Officer	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Ronald Y Bain	officer: Chief Financial Officer	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Catherine L Stubbs	director	522 HUNTERS PARK, HOUSTON TX 77024
Edward David Lafehr	director	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Thor Pruckl	officer: Chief Operating Officer	9800 RICHMOND AVE STE 700, HOUSTON TX 77042-4685
Matthew R Powers	officer: EVP, Gen. Counsel & Corp. Sect	4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77042
Timothy Robertson Marchant	director	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
David Bruce Cook	director	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Fabrice Nze-bekale	director	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Bradley Louis Radoff	10 percent owner, other: See Explanation of Responses	2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Jason Doornik	officer: CAO & Controller	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
David Desautels	officer: Vice President	9800 RICHMOND AVENUE, STE 700, HOUSTON TX 77042
William R Thomas	director	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042
Cary M Bounds	officer: Chief Operating Officer	9800 RICHMOND AVENUE, SUITE 700, HOUSTON TX 77042