Halliburton Co (LTS:0R23) Days Payable : 60.28 (As of Mar. 2024)

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What is Halliburton Co Days Payable?

Halliburton Co's average Accounts Payable for the three months ended in Mar. 2024 was $3,120 Mil. Halliburton Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $4,722 Mil. Hence, Halliburton Co's Days Payable for the three months ended in Mar. 2024 was 60.28.

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

LTS:0R23' s Days Payable Range Over the Past 10 Years
Min: 34.58 Med: 48.92 Max: 62.11
Current: 62.11

During the past 13 years, Halliburton Co's highest Days Payable was 62.11. The lowest was 34.58. And the median was 48.92.

LTS:0R23's Days Payable is ranked better than
51.22% of 900 companies
in the Oil & Gas industry
Industry Median: 59.43 vs LTS:0R23: 62.11

Halliburton Co's Days Payable declined from Mar. 2023 (61.88) to Mar. 2024 (60.28). It may suggest that Halliburton Co accelerated paying its suppliers.

Halliburton Co Days Payable Historical Data

The historical data trend for Halliburton 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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Halliburton Co Days Payable Chart

Halliburton Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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49.43

56.66

53.96

58.82

61.31

Halliburton Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															61.88	61.56	62.57	63.25	60.28

Competitive Comparison of Halliburton Co's Days Payable

For the Oil & Gas Equipment & Services subindustry, Halliburton 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.

Halliburton Co's Days Payable Distribution in the Oil & Gas Industry

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

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

Halliburton 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.

Halliburton 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
=	( (3121	+	3147)	/	2 )	/	18658	*	365
=	3134					/	18658	*	365
=	61.31

Halliburton Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3147	+	3092)	/	2 )	/	4722	*	365 / 4
=	3119.5					/	4722	*	365 / 4
=	60.28

Halliburton Co Days Payable Related Terms

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Halliburton Co (LTS:0R23) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Halliburton Co (LTS:0R23) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HAL:USA HAL:Mexico 1HAL:Italy HALd:UK HAL:Germany HAL:Germany HAL:Germany HAL:Germany HAL:Chile HALI34:Brazil HAL:Austria

Address

3000 North Sam Houston Parkway East, Houston, TX, USA, 77032

Website

https://www.halliburton.com

Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.

Halliburton Co (LTS:0R23) Headlines

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