GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Expro Group Holdings NV (NYSE:XPRO) » Definitions » Days Payable

Expro Group Holdings NV (Expro Group Holdings NV) Days Payable

: 33.20 (As of Dec. 2023)
View and export this data going back to 2021. Start your Free Trial

Expro Group Holdings NV's average Accounts Payable for the three months ended in Dec. 2023 was $138 Mil. Expro Group Holdings NV's Cost of Goods Sold for the three months ended in Dec. 2023 was $380 Mil. Hence, Expro Group Holdings NV's Days Payable for the three months ended in Dec. 2023 was 33.20.

The historical rank and industry rank for Expro Group Holdings NV's Days Payable or its related term are showing as below:

XPRO' s Days Payable Range Over the Past 10 Years
Min: 28.34   Med: 32.45   Max: 34.25
Current: 32.26

During the past 5 years, Expro Group Holdings NV's highest Days Payable was 34.25. The lowest was 28.34. And the median was 32.45.

XPRO's Days Payable is ranked worse than
73.67% of 900 companies
in the Oil & Gas industry
Industry Median: 59.865 vs XPRO: 32.26

Expro Group Holdings NV's Days Payable increased from Dec. 2022 (26.05) to Dec. 2023 (33.20). It may suggest that Expro Group Holdings NV delayed paying its suppliers.


Expro Group Holdings NV Days Payable Historical Data

The historical data trend for Expro Group Holdings NV'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.

Expro Group Holdings NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
- 34.25 32.92 28.34 31.98

Expro Group Holdings NV Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26.05 31.28 31.69 33.01 33.20

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Expro Group Holdings NV'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.


Expro Group Holdings NV Days Payable Distribution

For the Oil & Gas industry and Energy sector, Expro Group Holdings NV's Days Payable distribution charts can be found below:

* The bar in red indicates where Expro Group Holdings NV's Days Payable falls into.



Expro Group Holdings NV 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.

Expro Group Holdings NV'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
=( (100.951 + 146.759) / 2 ) / 1413.555*365
=123.855 / 1413.555*365
=31.98

Expro Group Holdings NV's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (129.552 + 146.759) / 2 ) / 379.749*365 / 4
=138.1555 / 379.749*365 / 4
=33.20

* 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.


Expro Group Holdings NV Days Payable Related Terms

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


Expro Group Holdings NV (Expro Group Holdings NV) Business Description

Traded in Other Exchanges
Address
1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084
Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.
Executives
Michael C Kearney director 3300 NORTH SAM HOUSTON PKWY EAST, HOUSTON TX 77032-3411
Drummond Robert Wayne Jr director 1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Oak Hill Advisors Lp 10 percent owner 1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Frances M Vallejo director 1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Brian D. Truelove director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Eileen Goss Whelley director ONE HARTFORD PLAZA, HARTFORD CT 06155
Lisa L Troe director 12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
D. Keith Mosing director, 10 percent owner, officer: See Remarks 10260 WESTHEIMER ROAD, HOUSTON TX 77042
Oak Hill Advisors Genpar, L.p. 10 percent owner 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
John Lewis Mcalister officer: General Counsel & Secretary DAVIDSON HOUSE, 2ND FLOOR, READING BERKSHIRE X0 RG1 3EU
Michael Bentham officer: Principal Accounting Officer 1311 BROADFIELD BLVD, SUITE 400, HOUSTON TX 77084
Michael Jardon director, officer: President & CEO 1311 BROADFIELD BLVD, SUITE 400, HOUSTON TX 77084
Alistair Geddes officer: Chief Operating Officer LION HOUSE, DYCE AVENUE, DYCE, ABERDEEN X0 AB21 0LQ
Quinn P Fanning officer: Chief Financial Officer C/O TIDEWATER INC, 601 POYDRAS ST, STE 1900, NEW ORLEANS LA 70130
Glenn R August 10 percent owner C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036