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Occidental Petroleum Days Payable

: 90.65 (As of Jun. 2022)
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Occidental Petroleum's average Accounts Payable for the three months ended in Jun. 2022 was $4,930.50 Mil. Occidental Petroleum's Cost of Goods Sold for the three months ended in Jun. 2022 was $4,963.00 Mil. Hence, Occidental Petroleum's Days Payable for the three months ended in Jun. 2022 was 90.65.

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

OXY.WS' s Days Payable Range Over the Past 10 Years
Min: 69.41   Med: 152.43   Max: 180.64
Current: 82.97

During the past 13 years, Occidental Petroleum's highest Days Payable was 180.64. The lowest was 69.41. And the median was 152.43.

OXY.WS's Days Payable is ranked better than
60.67% of 900 companies
in the Oil & Gas industry
Industry Median: 57.34 vs OXY.WS: 82.97

Occidental Petroleum's Days Payable increased from Jun. 2021 (68.88) to Jun. 2022 (90.65). It may suggest that Occidental Petroleum delayed paying its suppliers.


Occidental Petroleum Days Payable Historical Data

The historical data trend for Occidental Petroleum'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.

Occidental Petroleum 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 158.50 160.83 123.05 87.00 69.41

Occidental Petroleum 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 68.88 74.84 75.16 87.15 90.65

Competitive Comparison

For the Oil & Gas E&P subindustry, Occidental Petroleum'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.

   

Occidental Petroleum Days Payable Distribution

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

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



Occidental Petroleum 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.

Occidental Petroleum'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
=( (2987 + 3899) / 2 ) / 18106*365
=3443 / 18106*365
=69.41

Occidental Petroleum'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
=( (4664 + 5197) / 2 ) / 4963*365 / 4
=4930.5 / 4963*365 / 4
=90.65

* 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.


Occidental Petroleum Days Payable Related Terms

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Occidental Petroleum Business Description

Occidental Petroleum logo
Address
5 Greenway Plaza, Suite 110, Houston, TX, USA, 77046
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2021, the company reported net proved reserves of 3.5 billion barrels of oil equivalent. Net production averaged 1,174 thousand barrels of oil equivalent per day in 2021 at a ratio of 75% oil and natural gas liquids and 25% natural gas.
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