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Evolution Petroleum (FRA:EP7) Days Payable : 44.77 (As of Dec. 2024)


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What is Evolution Petroleum Days Payable?

Evolution Petroleum's average Accounts Payable for the three months ended in Dec. 2024 was €8.54 Mil. Evolution Petroleum's Cost of Goods Sold for the three months ended in Dec. 2024 was €17.41 Mil. Hence, Evolution Petroleum's Days Payable for the three months ended in Dec. 2024 was 44.77.

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

FRA:EP7' s Days Payable Range Over the Past 10 Years
Min: 26.13   Med: 53.6   Max: 178.47
Current: 45.1

During the past 13 years, Evolution Petroleum's highest Days Payable was 178.47. The lowest was 26.13. And the median was 53.60.

FRA:EP7's Days Payable is ranked worse than
61.61% of 870 companies
in the Oil & Gas industry
Industry Median: 59.815 vs FRA:EP7: 45.10

Evolution Petroleum's Days Payable increased from Dec. 2023 (41.72) to Dec. 2024 (44.77). It may suggest that Evolution Petroleum delayed paying its suppliers.


Evolution Petroleum Days Payable Historical Data

The historical data trend for Evolution Petroleum'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.

Evolution Petroleum Days Payable Chart

Evolution Petroleum Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.87 27.00 53.76 53.73 38.64

Evolution Petroleum 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 41.72 40.15 48.83 41.95 44.77

Competitive Comparison of Evolution Petroleum's Days Payable

For the Oil & Gas E&P subindustry, Evolution Petroleum'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.


Evolution Petroleum's Days Payable Distribution in the Oil & Gas Industry

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

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


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Evolution Petroleum 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.

Evolution Petroleum's Days Payable for the fiscal year that ended in Jun. 2024 is calculated as

Days Payable (A: Jun. 2024 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Jun. 2023 ) + Accounts Payable (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (5.437 + 7.718) / 2 ) / 62.13*365
=6.5775 / 62.13*365
=38.64

Evolution Petroleum'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
=( (6.792 + 10.286) / 2 ) / 17.406*365 / 4
=8.539 / 17.406*365 / 4
=44.77

* 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.


Evolution Petroleum Days Payable Related Terms

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Evolution Petroleum Business Description

Traded in Other Exchanges
Address
1155 Dairy Ashford Road, Suite 425, Houston, TX, USA, 77079
Evolution Petroleum Corp is an independent oil and gas company operating in the United States. It is engaged predominantly in the acquisition, exploitation, and development of properties for the production of crude oil and natural gas, onshore in the United States. The company's revenues are generated from its crude oil, natural gas, and NGL production from the Jonah Field in Sublette County, Wyoming; the Williston Basin in North Dakota; the Barnett Shale located in North Texas; the Hamilton Dome Field in Wyoming; and the Delhi Field in Northeast Louisiana.

Evolution Petroleum Headlines

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