Pioneer Natural Resources Co (BSP:P1IO34) Days Payable : 71.20 (As of Dec. 2023)

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What is Pioneer Natural Resources Co Days Payable?

Pioneer Natural Resources Co's average Accounts Payable for the three months ended in Dec. 2023 was R$12,593 Mil. Pioneer Natural Resources Co's Cost of Goods Sold for the three months ended in Dec. 2023 was R$16,140 Mil. Hence, Pioneer Natural Resources Co's Days Payable for the three months ended in Dec. 2023 was 71.20.

The historical rank and industry rank for Pioneer Natural Resources Co's Days Payable or its related term are showing as below:

BSP:P1IO34' s Days Payable Range Over the Past 10 Years
Min: 59.67 Med: 77.97 Max: 163.11
Current: 74.24

During the past 13 years, Pioneer Natural Resources Co's highest Days Payable was 163.11. The lowest was 59.67. And the median was 77.97.

BSP:P1IO34's Days Payable is ranked better than
57.56% of 900 companies
in the Oil & Gas industry
Industry Median: 59.43 vs BSP:P1IO34: 74.24

Pioneer Natural Resources Co's Days Payable declined from Dec. 2022 (76.17) to Dec. 2023 (71.20). It may suggest that Pioneer Natural Resources Co accelerated paying its suppliers.

Pioneer Natural Resources Co Days Payable Historical Data

The historical data trend for Pioneer Natural Resources Co'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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Pioneer Natural Resources Co Days Payable Chart

Pioneer Natural Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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73.13

63.50

58.13

72.13

78.39

Pioneer Natural Resources Co 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															76.17	81.15	74.26	72.34	71.20

Competitive Comparison of Pioneer Natural Resources Co's Days Payable

For the Oil & Gas E&P subindustry, Pioneer Natural Resources Co'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.

Pioneer Natural Resources Co's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Pioneer Natural Resources Co's Days Payable falls into.

Pioneer Natural Resources Co 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.

Pioneer Natural Resources Co'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
=	( (13832.12	+	11999.61)	/	2 )	/	60140.145	*	365
=	12915.865					/	60140.145	*	365
=	78.39

Pioneer Natural Resources Co'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
=	( (13186.329	+	11999.61)	/	2 )	/	16139.941	*	365 / 4
=	12592.9695					/	16139.941	*	365 / 4
=	71.20

Pioneer Natural Resources Co Days Payable Related Terms

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Pioneer Natural Resources Co (BSP:P1IO34) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

PXD:USA PXD:Mexico 1PXD:Italy PNK:Germany

Address

777 Hidden Ridge, Irving, TX, USA, 75038

Website

https://www.pxd.com

Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.

Pioneer Natural Resources Co (BSP:P1IO34) Headlines

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