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Technip Energies NV (CHIX:TEP) Days Payable : 95.55 (As of Dec. 2023)


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What is Technip Energies NV Days Payable?

Technip Energies NV's average Accounts Payable for the six months ended in Dec. 2023 was €1,396 Mil. Technip Energies NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €2,667 Mil. Hence, Technip Energies NV's Days Payable for the six months ended in Dec. 2023 was 95.55.

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

CHIX:TEp' s Days Payable Range Over the Past 10 Years
Min: 91.11   Med: 106.83   Max: 124.55
Current: 106.7

During the past 7 years, Technip Energies NV's highest Days Payable was 124.55. The lowest was 91.11. And the median was 106.83.

CHIX:TEp's Days Payable is ranked better than
68.22% of 900 companies
in the Oil & Gas industry
Industry Median: 61.27 vs CHIX:TEp: 106.70

Technip Energies NV's Days Payable declined from Dec. 2022 (115.22) to Dec. 2023 (95.55). It may suggest that Technip Energies NV accelerated paying its suppliers.

Technip Energies NV Days Payable Historical Data

The historical data trend for Technip Energies NV'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.

Technip Energies NV Days Payable Chart

Technip Energies NV Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial 94.18 94.78 91.11 106.83 113.85

Technip Energies NV Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 94.41 103.53 115.22 111.49 95.55

Competitive Comparison of Technip Energies NV's Days Payable

For the Oil & Gas Equipment & Services subindustry, Technip Energies NV'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.

Technip Energies NV's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Technip Energies NV's Days Payable falls into.


Technip Energies NV 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.

Technip Energies NV'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
=( (1662.7 + 1506.7) / 2 ) / 5080.4*365
=1584.7 / 5080.4*365
=113.85

Technip Energies NV'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: Jun. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1286 + 1506.7) / 2 ) / 2667.1*365 / 2
=1396.35 / 2667.1*365 / 2
=95.55

* 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.

Technip Energies NV Days Payable Related Terms

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Technip Energies NV (CHIX:TEP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Technip Energies NV (CHIX:TEp) » Definitions » Days Payable
Comparable Companies
XPAR:GTT XPAR:CGG XPAR:ALDOL SLB HAL BKR MIL:TEN FTI SHSE:601808 NOV WFRD CHX ASX:WOR VAL SHSE:600968 SZSE:002353 OSL:SUBC SHSE:600583 TDW LBRT
Traded in Other Exchanges
THNPY:USA THNPF:USA TE:France 68F:Germany
Address
2126 boulevard de la Defense, CS 10266, Nanterre, Cedex, FRA, 92741
Website
https://www.technipenergies.com
Technip Energies NV is an engineering and technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore. Substantial revenue is derived from the Project Delivery segment.