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Valaris (STU:E65F) Days Payable : 42.59 (As of Mar. 2021)


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What is Valaris Days Payable?

Valaris's average Accounts Payable for the three months ended in Mar. 2021 was €147 Mil. Valaris's Cost of Goods Sold for the three months ended in Mar. 2021 was €314 Mil. Hence, Valaris's Days Payable for the three months ended in Mar. 2021 was 42.59.

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

STU:E65F's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 59.45
* Ranked among companies with meaningful Days Payable only.

Valaris's Days Payable increased from Mar. 2020 (38.82) to Mar. 2021 (42.59). It may suggest that Valaris delayed paying its suppliers.


Valaris Days Payable Historical Data

The historical data trend for Valaris'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.

Valaris Days Payable Chart

Valaris Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.98 66.59 63.57 37.30 44.90

Valaris Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Days Payable Get a 7-Day Free Trial 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 38.82 37.73 36.06 38.78 42.59

Competitive Comparison of Valaris's Days Payable

For the Oil & Gas Drilling subindustry, Valaris'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.


Valaris's Days Payable Distribution in the Oil & Gas Industry

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

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



Valaris 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.

Valaris's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

Days Payable (A: Dec. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2019 ) + Accounts Payable (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (259.38 + 145.001) / 2 ) / 1643.506*365
=202.1905 / 1643.506*365
=44.90

Valaris's Days Payable for the quarter that ended in Mar. 2021 is calculated as:

Days Payable (Q: Mar. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2020 ) + Accounts Payable (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (145.001 + 148.512) / 2 ) / 314.412*365 / 4
=146.7565 / 314.412*365 / 4
=42.59

* 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.


Valaris Days Payable Related Terms

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Valaris (STU:E65F) Business Description

Traded in Other Exchanges
N/A
Address
78 Cannon Street, Cannon Place, London, GBR, EC4N 6AF
Valaris PLC owns one of the newest jackup and deep-water fleets in the contract drilling industry, which drills for oil and natural gas globally. The firm is based in London, but its rigs drill around the world for national and international oil companies, as well as independents.

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