Inpex (IPXHY) Days Payable : 12.63 (As of Dec. 2023)

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What is Inpex Days Payable?

Inpex's average Accounts Payable for the three months ended in Dec. 2023 was $230 Mil. Inpex's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,663 Mil. Hence, Inpex's Days Payable for the three months ended in Dec. 2023 was 12.63.

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

IPXHY' s Days Payable Range Over the Past 10 Years
Min: 9.62 Med: 33.61 Max: 39.59
Current: 14.71

During the past 13 years, Inpex's highest Days Payable was 39.59. The lowest was 9.62. And the median was 33.61.

IPXHY's Days Payable is ranked worse than
90.44% of 900 companies
in the Oil & Gas industry
Industry Median: 59.43 vs IPXHY: 14.71

Inpex's Days Payable declined from Dec. 2022 (16.41) to Dec. 2023 (12.63). It may suggest that Inpex accelerated paying its suppliers.

Inpex Days Payable Historical Data

The historical data trend for Inpex'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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Inpex Days Payable Chart

Inpex Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.36

18.74

10.08

12.54

18.05

Inpex 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															16.41	14.98	15.17	13.95	12.63

Competitive Comparison of Inpex's Days Payable

For the Oil & Gas E&P subindustry, Inpex'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.

Inpex's Days Payable Distribution in the Oil & Gas Industry

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

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

Inpex 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.

Inpex'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
=	( (349.724	+	264.367)	/	2 )	/	6208.673	*	365
=	307.0455					/	6208.673	*	365
=	18.05

Inpex'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
=	( (195.698	+	264.367)	/	2 )	/	1662.575	*	365 / 4
=	230.0325					/	1662.575	*	365 / 4
=	12.63

Inpex Days Payable Related Terms

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

Inpex (IPXHY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Inpex Corp (OTCPK:IPXHY) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IPXHF:USA 1605:Japan I8U:Germany

Address

Akasaka Biz Tower, 5-3-1 Akasaka, Minato-ku, Tokyo, JPN, 107-6332

Website

http://www.inpex.co.jp

Inpex Corp engages in research, exploration, development, production, and sale of oil, natural gas, and other mineral resources. The company is engaged in a multitude of projects spanning the globe. Exploration services are carried through terrestrial geological surveys and geophysical surveys conducted through satellite images and seismic waves. Exploration wells are used to confirm the presence of hydrocarbon products; appraisal follows shortly after. In addition to utilizing production wells, Inpex has gas processing facilities and a transport pipeline for production and shipping. The company also conducts refining/treatment to create products from the oil and natural gas. Marketing and sales are an additional function of the activities performed at Inpex.

Inpex (IPXHY) Headlines

From GuruFocus

Inpex Corp Could Trade Higher as Oil Prices Rise

By Alberto Abaterusso • 12-28-2021