EXCE (EXCO Resources) Days Payable: 104.68 (As of Dec. 2018)


What is EXCO Resources Days Payable?

EXCO Resources EXCE Days Payable is 104.68 as of Dec. 2018.

EXCO Resources's average Accounts Payable for the three months ended in Dec. 2018 was $61.0 Mil. EXCO Resources's Cost of Goods Sold for the three months ended in Dec. 2018 was $53.1 Mil. Hence, EXCO Resources's Days Payable for the three months ended in Dec. 2018 was 104.68.

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

EXCE's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 57.95
* Ranked among companies with meaningful Days Payable only.

EXCO Resources's Days Payable increased from Dec. 2017 (97.83) to Dec. 2018 (104.68). It may suggest that EXCO Resources delayed paying its suppliers.

EXCO Resources Days Payable Historical Data

* Premium members only.

The historical data trend for EXCO Resources'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.

EXCO Resources Days Payable Chart

EXCO Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.88 86.43 101.81 95.96 105.57

EXCO Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 97.83 99.03 73.10 80.11 104.68

EXCE vs UPLC, AXAS, CHAP: Days Payable Comparison

For the Oil & Gas E&P subindustry, EXCO Resources'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.

EXCO Resources Days Payable vs Oil & Gas Industry

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

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


EXCO Resources 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.

EXCO Resources's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (68.277 + 64.925) / 2 ) / 230.26*365
=66.601 / 230.26*365
=105.57

EXCO Resources's Days Payable for the quarter that ended in Dec. 2018 is calculated as:

Days Payable (Q: Dec. 2018 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2018 ) + Accounts Payable (Q: Dec. 2018 )) / count ) / Cost of Goods Sold (Q: Dec. 2018 )*Days in Period
=( (56.976 + 64.925) / 2 ) / 53.133*365 / 4
=60.9505 / 53.133*365 / 4
=104.68

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 104.68 mean?
EXCO Resources (EXCE) has a Days Payable of 104.68 as of Dec. 2018. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on EXCO Resources and its competitors.
Is EXCO Resources' Days Payable too high?
EXCO Resources' current Days Payable is 104.68. The Oil & Gas industry median Days Payable is 57.95. EXCO Resources' value of 104.68 is 80.6% above this industry median.
How does EXCO Resources' Days Payable compare to UPLC and AXAS?
EXCO Resources' Days Payable of 104.68 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.95. EXCO Resources' value of 104.68 is 80.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EXCO Resources's current Days Payable of 104.68 is 80.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on EXCO Resources and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EXCO Resources's current Days Payable is 104.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EXCO Resources stock overvalued right now?
EXCO Resources (EXCE) has a current Days Payable of 104.68. The current Days Payable is 104.68 and 80.6% above the Oil & Gas industry median of 57.95. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For EXCO Resources (EXCE), the current Days Payable is 104.68 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

EXCO Resources Business Description

Industry EnergyOil & Gas
Address 12377 Merit Drive, Suite 1700, Dallas, TX, USA, 75251
EXCO Resources Inc is an oil and gas exploration and production company. Its operations include the exploration, acquisition, development, and production of oil and gas reserves. These activities take place in the company's onshore oilfields within the United States, and focus on shale resource plays. Its fields are located in key oil and gas areas, including Texas, Louisiana, and the Appalachian region. The Louisiana and Texas operations are the most productive fields. The majority of the company's revenue is generated from natural gas, with a smaller portion coming from oil.