Oceaneering International (Oceaneering International) Days Payable

: 25.83 (As of Dec. 2023)

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Oceaneering International's average Accounts Payable for the three months ended in Dec. 2023 was $155 Mil. Oceaneering International's Cost of Goods Sold for the three months ended in Dec. 2023 was $549 Mil. Hence, Oceaneering International's Days Payable for the three months ended in Dec. 2023 was 25.83.

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

OII' s Days Payable Range Over the Past 10 Years
Min: 16.51 Med: 21.28 Max: 28.05
Current: 27.12

During the past 13 years, Oceaneering International's highest Days Payable was 28.05. The lowest was 16.51. And the median was 21.28.

OII's Days Payable is ranked worse than
78.87% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs OII: 27.12

Oceaneering International's Days Payable declined from Dec. 2022 (29.03) to Dec. 2023 (25.83). It may suggest that Oceaneering International accelerated paying its suppliers.

Oceaneering International Days Payable Historical Data

The historical data trend for Oceaneering International'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.

Oceaneering International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.26

26.34

24.62

28.05

27.39

Oceaneering International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															29.03	28.88	26.98	26.81	25.83

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Oceaneering International'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.

Oceaneering International Days Payable Distribution

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

* The bar in red indicates where Oceaneering International's Days Payable falls into.

Oceaneering International 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.

Oceaneering International'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
=	( (148.018	+	156.064)	/	2 )	/	2025.735	*	365
=	152.041					/	2025.735	*	365
=	27.39

Oceaneering International'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
=	( (154.797	+	156.064)	/	2 )	/	549	*	365 / 4
=	155.4305					/	549	*	365 / 4
=	25.83

Oceaneering International Days Payable Related Terms

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Oceaneering International (Oceaneering International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oceaneering International Inc (NYSE:OII) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

OII:Germany

Address

5875 North Sam Houston Parkway, Suite 400, Houston, TX, USA, 77086

Website

https://www.oceaneering.com

Oceaneering International Inc is a global provider of engineered services and products robotic solutions to the offshore energy, defense, aerospace, manufacturing and entertainment industries. Most of Oceaneering's products are produced for the offshore oil and gas market. It had a 2020 segment realignment to promote synergies and cost efficiency. The five segments are subsea robotics; manufactured products; offshore projects group; integrity management and digital solutions; and aerospace and defense technologies. Within the segments are two businesses - services and products provided primarily to the oil and gas industry. The firm is also involved in the offshore renewables and mobility solutions industries.

Executives

Shaun Roedel	officer: SVP, Mfd. Prods.	11911 FM 529, HOUSTON TX 77041
Alan R Curtis	officer: SVP and CFO	11911 FM 529, HOUSTON TX 77041
Earl Childress	officer: SVP, Chief Commercial Ofc.	11911 FM 529, HOUSTON TX 77041
Christopher J Dyer	officer: SVP, OPGroup	5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Deanna L Goodwin	director	11911 FM 529, HOUSTON TX 77041
Karen H Beachy	director	PO BOX 1400, RAPID CITY SD 57709
Martin J Mcdonald	officer: SVP, Subsea Robotics	11911 FM 529, HOUSTON TX 77041
Murphy Paul B Jr	director	OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
Leonardo P Granato	officer: SVP, IMDS	5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Jennifer Fremont Simons	officer: SVP, CLO and Secretary	5875 N. SAM HOUSTON PKWY. W., SUITE 400, HOUSTON TX 77086
M Kevin Mcevoy	director	C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Jon Erik Reinhardsen	director	1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
William B Berry	director	C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Steven A Webster	director	500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Leblanc Witland J Jr.	officer: VP & CAO	11911 FM 529, HOUSTON TX 77041