GPOR (Gulfport Energy) Days Payable : 49.31 (As of Sep. 2024)

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What is Gulfport Energy Days Payable?

Gulfport Energy's average Accounts Payable for the three months ended in Sep. 2024 was $54.6 Mil. Gulfport Energy's Cost of Goods Sold for the three months ended in Sep. 2024 was $101.0 Mil. Hence, Gulfport Energy's Days Payable for the three months ended in Sep. 2024 was 49.31.

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

GPOR' s Days Payable Range Over the Past 10 Years
Min: 38.22 Med: 56.6 Max: 74.98
Current: 45.64

During the past 13 years, Gulfport Energy's highest Days Payable was 74.98. The lowest was 38.22. And the median was 56.60.

GPOR's Days Payable is ranked worse than
61.55% of 879 companies
in the Oil & Gas industry
Industry Median: 60.34 vs GPOR: 45.64

Gulfport Energy's Days Payable declined from Sep. 2023 (50.31) to Sep. 2024 (49.31). It may suggest that Gulfport Energy accelerated paying its suppliers.

Gulfport Energy Days Payable Historical Data

The historical data trend for Gulfport Energy'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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Gulfport Energy Days Payable Chart

Gulfport Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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74.98

38.22

Gulfport Energy Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															50.31	41.47	42.05	47.97	49.31

Competitive Comparison of Gulfport Energy's Days Payable

For the Oil & Gas E&P subindustry, Gulfport Energy'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.

Gulfport Energy's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gulfport Energy's Days Payable falls into.

Gulfport Energy 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.

Gulfport Energy'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
=	( (37.807	+	43.517)	/	2 )	/	388.363	*	365
=	40.662					/	388.363	*	365
=	38.22

Gulfport Energy's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (53.492	+	55.705)	/	2 )	/	101.043	*	365 / 4
=	54.5985					/	101.043	*	365 / 4
=	49.31

Gulfport Energy Days Payable Related Terms

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Gulfport Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulfport Energy Corp (NYSE:GPOR) » Definitions » Days Payable

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G2U0:Germany

Address

713 Market Drive, Oklahoma City, OK, USA, 73114

Website

https://www.gulfportenergy.com

Gulfport Energy Corp is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States. It operates through Utica Shale and Scoop properties. The Utica Shale is located in the Appalachian Basin of the United States and Canada. The Scoop (South Central Oklahoma Oil Province) play of Oklahoma is located in the southeast portion of the prolific Anadarko Basin.

Executives

Silver Point Capital L.p.	director, 10 percent owner	TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Jason Joseph Martinez	director	1 TOKENEKE TRAIL, HOUSTON TX 77024
Matthew Willrath	officer: VP & CAO	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
David D Wolf	director	5221 N. O'CONNOR BOULEVARD, 11TH FLOOR, IRVING TX 75039
Patrick K. Craine	officer: General Counsel and Corp. Sec.	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Michael Sluiter	officer: SVP of Reservoir Engineering	713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Lester Zitkus	officer: SVP, Land	713 MARKET DR, OKLAHOMA CITY OK 73114
Jean Marie Powers	director	2507 LOCKE LANE, HOUSTON TX 77019
Robert J O'shea	10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Edward A Mule	10 percent owner	C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Mary Shafer-malicki	director	757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Michael L Hodges	officer: EVP & CFO	C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Matthew Rucker	officer: SVP, Operations	713 MARKET DR, OKLAHOMA CITY OK 73114
John K. Reinhart	director, officer: President & CEO	713 MARKET DR, OKLAHOMA CITY OK 73114
Robert John Moses	officer: SVP, Operations & Drilling	3001 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134