Riley Exploration Permian (FRA:T7U) Days Payable : 17.17 (As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Riley Exploration Permian Days Payable?

Riley Exploration Permian's average Accounts Payable for the three months ended in Mar. 2024 was €7.3 Mil. Riley Exploration Permian's Cost of Goods Sold for the three months ended in Mar. 2024 was €38.8 Mil. Hence, Riley Exploration Permian's Days Payable for the three months ended in Mar. 2024 was 17.17.

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

FRA:T7U' s Days Payable Range Over the Past 10 Years
Min: 9.48 Med: 29.37 Max: 48.4
Current: 22.18

During the past 13 years, Riley Exploration Permian's highest Days Payable was 48.40. The lowest was 9.48. And the median was 29.37.

FRA:T7U's Days Payable is ranked worse than
84.2% of 899 companies
in the Oil & Gas industry
Industry Median: 61.11 vs FRA:T7U: 22.18

Riley Exploration Permian's Days Payable declined from Mar. 2023 (43.88) to Mar. 2024 (17.17). It may suggest that Riley Exploration Permian accelerated paying its suppliers.

Riley Exploration Permian Days Payable Historical Data

The historical data trend for Riley Exploration Permian'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.

Riley Exploration Permian Days Payable Chart

Riley Exploration Permian Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Sep21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

17.64

24.94

39.77

32.38

9.62

Riley Exploration Permian Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															43.88	24.11	19.48	18.91	17.17

Competitive Comparison of Riley Exploration Permian's Days Payable

For the Oil & Gas E&P subindustry, Riley Exploration Permian'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.

Riley Exploration Permian's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Riley Exploration Permian's Days Payable falls into.

Riley Exploration Permian 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.

Riley Exploration Permian's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (3.718	+	3.535)	/	2 )	/	137.559	*	365
=	3.6265					/	137.559	*	365
=	9.62

Riley Exploration Permian's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (3.535	+	11.055)	/	2 )	/	38.77	*	365 / 4
=	7.295					/	38.77	*	365 / 4
=	17.17

Riley Exploration Permian Days Payable Related Terms

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

Riley Exploration Permian (FRA:T7U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Riley Exploration Permian Inc (FRA:T7U) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

REPX:USA

Address

29 E. Reno Avenue, Suite 500, Oklahoma City, OK, USA, 73104

Website

https://www.rileypermian.com

Riley Exploration Permian Inc is engaged in the business of exploration for and production of oil and natural gas. The company operations are in Kansas Properties, Tennessee Properties, among others.

Riley Exploration Permian (FRA:T7U) Headlines

No Headlines