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VAALCO Energy Inc (NYSE:EGY)
Days Payable
293.09 (As of Jun. 2016)

VAALCO Energy Inc's payable for the three months ended in Jun. 2016 was $23.58 Mil. VAALCO Energy Inc's cost of goods sold for the three months ended in Jun. 2016 was $7.34 Mil. Hence, VAALCO Energy Inc's days payable for the three months ended in Jun. 2016 was 293.09.

EGY' s Days Payable Range Over the Past 10 Years
Min: 4.65   Max: 654.2
Current: 99.65

4.65
654.2

During the past 13 years, VAALCO Energy Inc's highest Days Payable was 654.20. The lowest was 4.65. And the median was 90.49.

EGY's Days Payable is ranked higher than
60% of the 231 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 73.48 vs. EGY: 99.65 )

VAALCO Energy Inc's days payable increased from Jun. 2015 (0.00) to Jun. 2016 (293.09). It may suggest that VAALCO Energy Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

VAALCO Energy Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=46.848/86.549*365
=197.57

VAALCO Energy Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=23.579/7.341*365 / 4
=293.09

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

VAALCO Energy Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 654.20286.8259.050.000.004.6579.380.0090.49197.57

VAALCO Energy Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 7.540.000.0041.870.000.000.0071.35354.09293.09
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