Valaris (Valaris) Days Payable : 82.49 (As of Dec. 2023)

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What is Valaris Days Payable?

Valaris's average Accounts Payable for the three months ended in Dec. 2023 was $388 Mil. Valaris's Cost of Goods Sold for the three months ended in Dec. 2023 was $430 Mil. Hence, Valaris's Days Payable for the three months ended in Dec. 2023 was 82.49.

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

VAL' s Days Payable Range Over the Past 10 Years
Min: 32.01 Med: 59.7 Max: 76.4
Current: 76.4

During the past 5 years, Valaris's highest Days Payable was 76.40. The lowest was 32.01. And the median was 59.70.

VAL's Days Payable is ranked better than
58.89% of 900 companies
in the Oil & Gas industry
Industry Median: 59.43 vs VAL: 76.40

Valaris's Days Payable increased from Dec. 2022 (62.06) to Dec. 2023 (82.49). It may suggest that Valaris delayed paying its suppliers.

Valaris Days Payable Historical Data

The historical data trend for Valaris'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.

Valaris Days Payable Chart

Valaris Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

32.01

59.70

72.86

Valaris Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial											62.06	66.14	78.90	81.09	82.49

Competitive Comparison of Valaris's Days Payable

For the Oil & Gas Equipment & Services subindustry, Valaris'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.

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

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

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

Valaris 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.

Valaris'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
=	( (256.5	+	400.1)	/	2 )	/	1644.7	*	365
=	328.3					/	1644.7	*	365
=	72.86

Valaris'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
=	( (376.4	+	400.1)	/	2 )	/	429.5	*	365 / 4
=	388.25					/	429.5	*	365 / 4
=	82.49

Valaris Days Payable Related Terms

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

Valaris (Valaris) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Valaris Ltd (NYSE:VAL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Church Street, Claredon House, Hamilton, BMU, HM 11

Website

https://www.valaris.com

Valaris Ltd is the industry leader in offshore drilling services across all water depths and geographies. It is a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups.

Executives

Grable Colleen	officer: Controller	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Oak Hill Advisors Lp	10 percent owner	1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Kristian Johansen	director	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77024
Catherine Hughes	director	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Matthew Lyne	officer: SVP - CCO	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Christopher T Weber	officer: SVP - CFO	5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Gunnar W. Eliassen	director	C/O QUINTANA MINERALS CORPORATION, 1415 LOUISIANA STREET, SUITE 2400, HOUSTON TX 77002
Davor Vudakin	officer: SVP & General Counsel	C/O VALARIS LIMITED, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Darin Gibbins	officer: Interim CFO and VP	5847 SAN FELIPE, SUITE 3300, HOUSTON TX 77057
Anton Dibowitz	director	C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11
Joseph Goldschmid	director, other: See Remarks	C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Elizabeth Leykum	director	C/O 5500 TRILLIUM BOULEVARD, SUITE 501, HOFFMAN ESTATES IL 60192
Deepak Munganahalli	director	C/O VALARIS, CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 00000
Dick Fagerstal	director	C/O SEACOR HOLDINGS INC., 460 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10022
Oak Hill Advisors Genpar, L.p.	10 percent owner	1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036