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Centennial Resource Development Days Payable

: 19.69 (As of Sep. 2019)
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Centennial Resource Development's payable for the three months ended in Sep. 2019 was $33.5 Mil. Centennial Resource Development's Cost of Goods Sold for the three months ended in Sep. 2019 was $155.1 Mil. Hence, Centennial Resource Development's days payable for the three months ended in Sep. 2019 was 19.69.

NAS:CDEV' s Days Payable Range Over the Past 10 Years
Min: 5.99   Max: 115.1
Current: 22.01

5.99
115.1

During the past 5 years, Centennial Resource Development's highest Days Payable was 115.10. The lowest was 5.99. And the median was 47.07.

NAS:CDEV's Days Payable is ranked lower than
82% of the 1012 Companies
in the Oil & Gas industry.

( Industry Median: 59.28 vs. NAS:CDEV: 22.01 )

Centennial Resource Development's days payable declined from Sep. 2018 (23.21) to Sep. 2019 (19.69). It may suggest that Centennial Resource Development accelerated paying its suppliers.


Centennial Resource Development Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Centennial Resource Development Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable 0.00 5.99 44.27 115.10 49.87

Centennial Resource Development Quarterly Data
Dec14 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Days Payable 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 23.21 40.47 39.04 33.93 19.69

Competitive Comparison
* 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.


Centennial Resource Development Days Payable Distribution

* The bar in red indicates where Centennial Resource Development's Days Payable falls into.



Centennial Resource Development Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Centennial Resource Development's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=55.984/409.775*365
=49.87

Centennial Resource Development's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=33.455/155.05*365 / 4
=19.69

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Centennial Resource Development Days Payable Related Terms


Centennial Resource Development Days Payable Headlines

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