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Tidewater (FRA:TD9) Days Payable : 24.38 (As of Mar. 2025)


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What is Tidewater Days Payable?

Tidewater's average Accounts Payable for the three months ended in Mar. 2025 was €57 Mil. Tidewater's Cost of Goods Sold for the three months ended in Mar. 2025 was €214 Mil. Hence, Tidewater's Days Payable for the three months ended in Mar. 2025 was 24.38.

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

FRA:TD9' s Days Payable Range Over the Past 10 Years
Min: 18.21   Med: 22.62   Max: 34.78
Current: 23

During the past 13 years, Tidewater's highest Days Payable was 34.78. The lowest was 18.21. And the median was 22.62.

FRA:TD9's Days Payable is ranked worse than
83.92% of 883 companies
in the Oil & Gas industry
Industry Median: 60.05 vs FRA:TD9: 23.00

Tidewater's Days Payable increased from Mar. 2024 (19.58) to Mar. 2025 (24.38). It may suggest that Tidewater delayed paying its suppliers.


Tidewater Days Payable Historical Data

The historical data trend for Tidewater'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.

Tidewater Days Payable Chart

Tidewater Annual Data
Trend Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.10 17.62 20.56 20.94 22.25

Tidewater Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 19.58 21.58 23.89 25.52 24.38

Competitive Comparison of Tidewater's Days Payable

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


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

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

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


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Tidewater 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.

Tidewater's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (41.202 + 68.173) / 2 ) / 897.157*365
=54.6875 / 897.157*365
=22.25

Tidewater's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

Days Payable (Q: Mar. 2025 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2024 ) + Accounts Payable (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (68.173 + 46.438) / 2 ) / 214.453*365 / 4
=57.3055 / 214.453*365 / 4
=24.38

* 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.


Tidewater Days Payable Related Terms

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Tidewater Business Description

Traded in Other Exchanges
Address
842 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77024
Tidewater Inc provides marine and transportation services to the offshore energy industry. The company's vessels and associated services support all phases of offshore crude oil and natural gas (also referred to as oil and gas) exploration activities, field development, production, and maintenance, as well as windfarm development and maintenance. Its services include towing and anchor handling for mobile offshore drilling units; transporting supplies and personnel necessary to sustain drilling, workovers, production activities, field abandonment, dismantlement, and restoration activities; and Others. The group manages its business through five segments including the Americas, Asia Pacific, Middle East, Europe/Mediterranean, and West Africa.

Tidewater Headlines

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