CLB (Core Laboratories) Days Payable : 28.31 (As of Dec. 2024)

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What is Core Laboratories Days Payable?

Core Laboratories's average Accounts Payable for the three months ended in Dec. 2024 was $34.1 Mil. Core Laboratories's Cost of Goods Sold for the three months ended in Dec. 2024 was $109.9 Mil. Hence, Core Laboratories's Days Payable for the three months ended in Dec. 2024 was 28.31.

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

CLB' s Days Payable Range Over the Past 10 Years
Min: 24.92 Med: 27.59 Max: 34.83
Current: 28.67

During the past 13 years, Core Laboratories's highest Days Payable was 34.83. The lowest was 24.92. And the median was 27.59.

CLB's Days Payable is ranked worse than
77.55% of 891 companies
in the Oil & Gas industry
Industry Median: 60.88 vs CLB: 28.67

Core Laboratories's Days Payable declined from Dec. 2023 (29.27) to Dec. 2024 (28.31). It may suggest that Core Laboratories accelerated paying its suppliers.

Core Laboratories Days Payable Historical Data

The historical data trend for Core Laboratories'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.

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Core Laboratories Days Payable Chart

Core Laboratories Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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27.05

24.92

33.57

34.83

28.52

Core Laboratories 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															29.27	27.77	29.65	29.11	28.31

Competitive Comparison of Core Laboratories's Days Payable

For the Oil & Gas Equipment & Services subindustry, Core Laboratories'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.

Core Laboratories's Days Payable Distribution in the Oil & Gas Industry

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

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

Core Laboratories 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.

Core Laboratories'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
=	( (33.506	+	34.549)	/	2 )	/	435.475	*	365
=	34.0275					/	435.475	*	365
=	28.52

Core Laboratories'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
=	( (33.627	+	34.549)	/	2 )	/	109.863	*	365 / 4
=	34.088					/	109.863	*	365 / 4
=	28.31

Core Laboratories Days Payable Related Terms

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Core Laboratories Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Core Laboratories Inc (NYSE:CLB) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

HJ1:Germany

Address

6316 Windfern Road, Houston, TX, USA, 77040

Website

https://www.corelab.com

Core Laboratories Inc provides reservoir description and production enhancement services for oil and gas exploration and production. It provides data and analytics to aid well operators in determining optimal methods for recovering, processing, and refining hydrocarbons from a well. It also manufactures the associated lab equipment for its services.

Executives

Katherine Murray	director	6316 WINDFERN ROAD, HOUSTON TX 77040
Mark Damian Tattoli	officer: SVP, Gen Counsel & Secretary	C/O CORE LABORATORIES LP, 6316 WINDFERN ROAD, HOUSTON TX 77040
Kwaku Temeng	director	C/O CORE LABORATORIES LP, 2216 SHERIDAN STREET, HOUSTON TX 77002
Gwendolyn Schreffler	officer: SVP	C/O CORE LABORATORIES LP, 6316 WINDFERN ROAD, HOUSTON TX 77040
Harvey Robert Klingensmith	director	P.O. BOX 131144, HOUSTON TX 77219-1114
Van Dijken Eeuwijk Monique	director	P.O. BOX 129, BILTHOVEN P7 3720 AC
Jan Willem Sodderland	director	DUINDISTEL 89, NOORDWIJK P7 2202 DE
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Lawrence Bruno	officer: President	6316 WINDFERN ROAD, HOUSTON TX 77040
Mark F Elvig	officer: VP, Counsel & Secretary	6316 WINDFERN, HOUSTON TX 77040
Gregory Barry Barnett	director	853 MILWAUKEE STREET, DENVER CO 80206
Kevin Daniels	officer: CAO & Treasurer	6316 WINDFERN ROAD, HOUSTON TX 77040
Michael Straughen	director	68 RUBISLAW DEN NORTH, ABERDEEN X0 AB15 4AN
Martha Z. Carnes	director	6316 WINDFERN ROAD, HOUSTON TX 77040