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Energy XXI (LSE:EXXI) Days Payable : 55.84 (As of Sep. 2016)


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What is Energy XXI Days Payable?

Energy XXI's average Accounts Payable for the three months ended in Sep. 2016 was $50.8 Mil. Energy XXI's Cost of Goods Sold for the three months ended in Sep. 2016 was $83.1 Mil. Hence, Energy XXI's Days Payable for the three months ended in Sep. 2016 was 55.84.

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

LSE:EXXI' s Days Payable Range Over the Past 10 Years
Min: 39.97   Med: 230.06   Max: 400.12
Current: 55.8

During the past 11 years, Energy XXI's highest Days Payable was 400.12. The lowest was 39.97. And the median was 230.06.

LSE:EXXI's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 60.89 vs LSE:EXXI: 55.80

Energy XXI's Days Payable declined from Sep. 2015 (137.40) to Sep. 2016 (55.84). It may suggest that Energy XXI accelerated paying its suppliers.


Energy XXI Days Payable Historical Data

The historical data trend for Energy XXI'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.

Energy XXI Days Payable Chart

Energy XXI Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.88 187.47 294.71 212.50 90.71

Energy XXI Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 137.40 145.68 111.49 59.57 55.84

Competitive Comparison of Energy XXI's Days Payable

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


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

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

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



Energy XXI 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.

Energy XXI's Days Payable for the fiscal year that ended in Jun. 2016 is calculated as

Days Payable (A: Jun. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2015 ) + Accounts Payable (A: Jun. 2016 )) / count ) / Cost of Goods Sold (A: Jun. 2016 )*Days in Period
=( (156.339 + 44.184) / 2 ) / 403.44*365
=100.2615 / 403.44*365
=90.71

Energy XXI's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable (Q: Sep. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Jun. 2016 ) + Accounts Payable (Q: Sep. 2016 )) / count ) / Cost of Goods Sold (Q: Sep. 2016 )*Days in Period
=( (44.184 + 57.502) / 2 ) / 83.083*365 / 4
=50.843 / 83.083*365 / 4
=55.84

* 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.


Energy XXI Days Payable Related Terms

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Energy XXI (LSE:EXXI) Business Description

Traded in Other Exchanges
N/A
Address
Energy XXI Ltd, formerly Energy XXI (Bermuda) Ltd was incorporated in Bermuda on July 25, 2005. The Company's properties are located onshore in Louisiana and Texas and in the Gulf of Mexico Shelf.

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