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BKR (Baker Hughes Co) Days Payable : 70.17 (As of Dec. 2024)


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What is Baker Hughes Co Days Payable?

Baker Hughes Co's average Accounts Payable for the three months ended in Dec. 2024 was $4,487 Mil. Baker Hughes Co's Cost of Goods Sold for the three months ended in Dec. 2024 was $5,834 Mil. Hence, Baker Hughes Co's Days Payable for the three months ended in Dec. 2024 was 70.17.

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

BKR' s Days Payable Range Over the Past 10 Years
Min: 68.07   Med: 77.99   Max: 87.6
Current: 75.32

During the past 10 years, Baker Hughes Co's highest Days Payable was 87.60. The lowest was 68.07. And the median was 77.99.

BKR's Days Payable is ranked better than
56.98% of 867 companies
in the Oil & Gas industry
Industry Median: 60.18 vs BKR: 75.32

Baker Hughes Co's Days Payable declined from Dec. 2023 (72.77) to Dec. 2024 (70.17). It may suggest that Baker Hughes Co accelerated paying its suppliers.


Baker Hughes Co Days Payable Historical Data

The historical data trend for Baker Hughes Co'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.

Baker Hughes Co Days Payable Chart

Baker Hughes Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.31 80.72 87.60 79.01 74.80

Baker Hughes Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 72.77 80.47 74.66 77.20 70.17

Competitive Comparison of Baker Hughes Co's Days Payable

For the Oil & Gas Equipment & Services subindustry, Baker Hughes Co'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.


Baker Hughes Co's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Baker Hughes Co's Days Payable falls into.


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Baker Hughes Co 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.

Baker Hughes Co's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

Days Payable (A: Dec. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2023 ) + Accounts Payable (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (4471 + 4542) / 2 ) / 21989*365
=4506.5 / 21989*365
=74.80

Baker Hughes Co's Days Payable for the quarter that ended in Dec. 2024 is calculated as:

Days Payable (Q: Dec. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2024 ) + Accounts Payable (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (4431 + 4542) / 2 ) / 5834*365 / 4
=4486.5 / 5834*365 / 4
=70.17

* 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.


Baker Hughes Co Days Payable Related Terms

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


Baker Hughes Co Business Description

Traded in Other Exchanges
Address
575 North Dairy Ashford Road, Suite 100, Houston, TX, USA, 77079-1121
Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment, or OFSE, is one of the Big Three oilfield service players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three quarters of the firm's OFSE. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services across various energy and industrial applications.
Executives
James E Apostolides officer: SVP, Enterprise Op Excellence 17021 ALDINE WESTFIELD RD, HOUSTON TX 77073
Nancy Buese officer: Chief Financial Officer 1515 ARAPAHOE STREET, DENVER CO 80202-2126
Maria C Borras officer: EVP, Oilfield Services & Equip 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Lorenzo Simonelli director, officer: Chairman, President and CEO 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
Regina Jones officer: Chief Legal Officer 7102 COMMERCE WAY, BRENTWOOD TN 37027
Rebecca L Charlton officer: SVP, Controller & CAO 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073
Gregory D Brenneman director
Cynthia B Carroll director C/O ALCAN INC., 1188 SHERBROOKE STREET WEST, MONTREAL A8 H3A 3G2
Lynn Laverty Elsenhans director 6400 POPLAR AVENUE, MEMPHIS TN 38197
John G Rice director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
William G Beattie director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Michael R Dumais director 870 WINTER STREET, WALTHAM MA 02451
Mohsen Sohi director C/O STERIS CORPORATION, 5960 HEISLEY ROAD, MENTOR OH 44060
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Kurt Camilleri officer: SVP/Controller/Chief Acctg Off 17021 ALDINE WESTFIELD ROAD, HOUSTON TX 77073