TotalEnergies SE (TotalEnergies SE) Days Payable

: 86.50 (As of Dec. 2023)

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TotalEnergies SE's average Accounts Payable for the three months ended in Dec. 2023 was $39,302 Mil. TotalEnergies SE's Cost of Goods Sold for the three months ended in Dec. 2023 was $41,458 Mil. Hence, TotalEnergies SE's Days Payable for the three months ended in Dec. 2023 was 86.50.

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

TTE' s Days Payable Range Over the Past 10 Years
Min: 54.27 Med: 78.44 Max: 99.67
Current: 88.38

During the past 13 years, TotalEnergies SE's highest Days Payable was 99.67. The lowest was 54.27. And the median was 78.44.

TTE's Days Payable is ranked better than
63.18% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs TTE: 88.38

TotalEnergies SE's Days Payable declined from Dec. 2022 (93.50) to Dec. 2023 (86.50). It may suggest that TotalEnergies SE accelerated paying its suppliers.

TotalEnergies SE Days Payable Historical Data

The historical data trend for TotalEnergies SE'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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TotalEnergies SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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75.26

94.75

83.13

78.36

96.37

TotalEnergies SE 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															93.50	85.25	85.02	87.10	86.50

Competitive Comparison

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.

TotalEnergies SE Days Payable Distribution

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

* The bar in red indicates where TotalEnergies SE's Days Payable falls into.

TotalEnergies SE 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.

TotalEnergies SE'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
=	( (41346	+	41335)	/	2 )	/	156572	*	365
=	41340.5					/	156572	*	365
=	96.37

TotalEnergies SE'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
=	( (37268	+	41335)	/	2 )	/	41458	*	365 / 4
=	39301.5					/	41458	*	365 / 4
=	86.50

TotalEnergies SE Days Payable Related Terms

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TotalEnergies SE (TotalEnergies SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies SE (NYSE:TTE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

TTFNF:USA TOT N:Mexico 0A30:UK TTEp:UK TTE:UK TTE:France TOTB:Germany TOTB:Germany TOTA:Germany TOTB:Germany TOTB:Germany TOTA:Germany FP:Austria

Address

2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400

Website

https://www.totalenergies.com

TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.