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Mexco Energy (FRA:MZB) Days Payable : 0.00 (As of Dec. 2023)


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What is Mexco Energy Days Payable?

Mexco Energy's average Accounts Payable for the three months ended in Dec. 2023 was €0.00 Mil. Mexco Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was €0.74 Mil. Hence, Mexco Energy's Days Payable for the three months ended in Dec. 2023 was 0.00.

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

During the past 13 years, Mexco Energy's highest Days Payable was 52.77. The lowest was 35.21. And the median was 43.99.

FRA:MZB's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 60.89
* Ranked among companies with meaningful Days Payable only.

Mexco Energy's Days Payable stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00). stayed the same


Mexco Energy Days Payable Historical Data

The historical data trend for Mexco Energy'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.

Mexco Energy Days Payable Chart

Mexco Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Payable
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Mexco Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Mexco Energy's Days Payable

For the Oil & Gas E&P subindustry, Mexco Energy'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.


Mexco Energy's Days Payable Distribution in the Oil & Gas Industry

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

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



Mexco Energy 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.

Mexco Energy's Days Payable for the fiscal year that ended in Mar. 2023 is calculated as

Days Payable (A: Mar. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2022 ) + Accounts Payable (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 3.337*365
=0 / 3.337*365
=0.00

Mexco Energy'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
=( (0 + 0) / 1 ) / 0.735*365 / 4
=0 / 0.735*365 / 4
=0.00

* 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.


Mexco Energy Days Payable Related Terms

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Mexco Energy (FRA:MZB) Business Description

Traded in Other Exchanges
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

Mexco Energy (FRA:MZB) Headlines

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