GURUFOCUS.COM » STOCK LIST » USA » NYSE » EOG Resources Inc (NYSE:EOG) » Definitions » Days Payable
Switch to:

EOG Resources Days Payable

: 182.76 (As of Jun. 2022)
View and export this data going back to 1989. Start your Free Trial

EOG Resources's average Accounts Payable for the three months ended in Jun. 2022 was $2,778 Mil. EOG Resources's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,387 Mil. Hence, EOG Resources's Days Payable for the three months ended in Jun. 2022 was 182.76.

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

EOG' s Days Payable Range Over the Past 10 Years
Min: 118.28   Med: 152.34   Max: 175.87
Current: 152.28

During the past 13 years, EOG Resources's highest Days Payable was 175.87. The lowest was 118.28. And the median was 152.34.

EOG's Days Payable is ranked better than
78.06% of 907 companies
in the Oil & Gas industry
Industry Median: 56.60 vs EOG: 152.28

EOG Resources's Days Payable increased from Jun. 2021 (137.61) to Jun. 2022 (182.76). It may suggest that EOG Resources delayed paying its suppliers.


EOG Resources Days Payable Historical Data

The historical data trend for EOG Resources'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.

EOG Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 133.18 144.69 152.27 152.40 133.95

EOG Resources Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 Premium Member Only Premium Member Only Premium Member Only 137.61 135.45 139.12 145.51 182.76

Competitive Comparison

For the Oil & Gas E&P subindustry, EOG Resources'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.

   

EOG Resources Days Payable Distribution

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

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



EOG Resources 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.

EOG Resources's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

Days Payable (A: Dec. 2021 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2020 ) + Accounts Payable (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1681 + 2242) / 2 ) / 5345*365
=1961.5 / 5345*365
=133.95

EOG Resources's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

Days Payable (Q: Jun. 2022 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2022 ) + Accounts Payable (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (2660 + 2896) / 2 ) / 1387*365 / 4
=2778 / 1387*365 / 4
=182.76

* 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.


EOG Resources Days Payable Related Terms

Thank you for viewing the detailed overview of EOG Resources's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


EOG Resources Business Description

EOG Resources logo
Address
1111 Bagby, Sky Lobby 2, Houston, TX, USA, 77002
EOG Resources is an oil and gas producer with acreage in several U.S. shale plays, including the Permian Basin, the Eagle Ford, and the Bakken. At the end of 2021, it reported net proved reserves of 3.7 billion barrels of oil equivalent. Net production averaged 829 thousand barrels of oil equivalent per day in 2021 at a ratio of 72% oil and natural gas liquids and 28% natural gas.
Executives
Leitzell Jeffrey R. officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Kerr Michael T. director 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Robertson Julie J director 13135 S DAIRY ASHFORD STE 800 SUGAR LAND TX 77478
Boedeker Kenneth W. officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Yacob Ezra Y officer: EVP Exploration and Production 1111 BAGBY SKY LOBBY 2 HOUSTON TX 77002
Gaut C Christopher director 1401 MCKINNEY STREET SUITE 2400 HOUSTON TX 77010
Daniels Robert P director EOG RESOURCES, INC 1111 BAGBY STREET, SKY LOBBY 2 HOUSTON TX 77002
Clark Janet F director
Trice David W officer: EVP, Exploration & Production 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Helms Lloyd W Jr officer: EVP, Operations 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Donaldson Michael P officer: VP, General Counsel & Corp Sec 1111 BAGBY STREET SKY LOBBY 2 HOUSTON TX 77002
Thomas William R. officer: Sr. Executive VP, Exploitation 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Janssen Ann D. officer: VP, Accounting 1111 BAGBY, SKY LOBBY 2 HOUSTON TX 77002
Day James C director CIRCLE ?D? 2277 PLAZA DRIVE, SUITE 630 SUGAR LAND TX 77479
Plaeger Frederick J. Ii officer: Senior VP & General Counsel P.O. BOX 4362 HOUSTON TX 77210-4362

EOG Resources Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)