EQT's average Accounts Payable for the
three
months ended in Jun. 2022 was $1,558 Mil. EQT's Cost of Goods Sold for the
three
months ended in Jun. 2022 was $1,051 Mil.
Hence, EQT's Days Payable for the
three
months ended in Jun. 2022 was 135.25.
The historical rank and industry rank for EQT's Days Payable or its related term are showing as below:
EQT'
s Days Payable Range Over the Past 10 Years
Min: 57.45 Med: 97.2 Max: 137.98
Current: 113.82
During the past 13 years, EQT's highest Days Payable was 137.98. The lowest was 57.45. And the median was 97.20.
EQT's Days Payable is ranked better than 70.27% of 898
companies
in the Oil & Gas industry
Industry Median: 57.75
vs EQT: 113.82
EQT's Days Payable
increased
from Jun. 2021 (83.51) to Jun. 2022 (135.25).
It may suggest that EQT delayed paying its suppliers.
EQT Days Payable Historical Data
The historical data trend for EQT'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.
EQT Annual Data
Trend
Dec12
Dec13
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Days Payable
81.44
93.06
97.32
83.42
97.07
EQT Quarterly Data
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Days Payable
83.51
91.81
105.92
124.57
135.25
Competitive Comparison
For the Oil & Gas E&P subindustry, EQT'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.
EQT Days Payable Distribution
For the Oil & Gas industry and Energy sector, EQT's Days Payable distribution charts can be found below:
* The bar in red indicates where EQT's Days Payable falls into.
EQT 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.
EQT's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as
* 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.
EQT Days Payable Related Terms
Thank you for viewing the detailed overview of EQT's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.
EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
My Portfolios
Create New Portfolio
Portfolio Contest
My Gurus
Personalize
Premium Gurus 
0.39(0.85%) Volume: 3,619,964 4:00PM EDT
Email Alerts
Stock PDF
RSS
Website
Filings
Download
Manual of Stocks™ Web APP
NYSE:EQT has been successfully added to your 
