Magnolia Petroleum (LSE:MAGP) Days Payable: 234.64 (As of Jun. 2017) — 70% Below Median


What is Magnolia Petroleum Days Payable?

Magnolia Petroleum LSE:MAGP +50.00% Days Payable is 234.64 as of Jun. 2017, which is 70% below its 10-year median of 794.79. The stock has 6 warning signs investors should review.

Magnolia Petroleum's average Accounts Payable for the six months ended in Jun. 2017 was £0.97 Mil. Magnolia Petroleum's Cost of Goods Sold for the six months ended in Jun. 2017 was £0.76 Mil. Hence, Magnolia Petroleum's Days Payable for the six months ended in Jun. 2017 was 234.64.

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

LSE:MAGP' s Days Payable Range Over the Past 10 Years
Min: 143.12   Med: 794.79   Max: 1361.57
Current: 196.41

During the past 9 years, Magnolia Petroleum's highest Days Payable was 1361.57. The lowest was 143.12. And the median was 794.79.

LSE:MAGP's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 57.84 vs LSE:MAGP: 196.41

Magnolia Petroleum's Days Payable declined from Jun. 2016 (307.97) to Jun. 2017 (234.64). It may suggest that Magnolia Petroleum accelerated paying its suppliers.

Magnolia Petroleum Days Payable Historical Data

* Premium members only.

The historical data trend for Magnolia 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.

Magnolia Petroleum Days Payable Chart

Magnolia Petroleum Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only 205.75 0.00 0.00 143.06 203.83

Magnolia Petroleum Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 142.75 307.97 171.89 234.64

LSE:MAGP vs VNRRQ, GBEYF, STSC: Days Payable Comparison

For the Oil & Gas E&P subindustry, Magnolia 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.

Magnolia Petroleum Days Payable vs Oil & Gas Industry

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

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


Magnolia 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.

Magnolia Petroleum's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (0.729 + 0.972) / 2 ) / 1.523*365
=0.8505 / 1.523*365
=203.83

Magnolia Petroleum's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (0.972 + 0) / 1 ) / 0.756*365 / 2
=0.972 / 0.756*365 / 2
=234.64

* 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 234.64 mean?
Magnolia Petroleum (LSE:MAGP) has a Days Payable of 234.64 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Magnolia Petroleum and its competitors. This is 70% below median its historical median of 794.79. Over the past decade, Magnolia Petroleum's Days Payable has ranged from 143.12 to 1,361.57.
Is Magnolia Petroleum's Days Payable too high?
Magnolia Petroleum's current Days Payable of 234.64 is 70% below median its 10-year median of 794.79. Over the past 10 years, this metric has ranged from a low of 143.12 to a high of 1,361.57. The Oil & Gas industry median Days Payable is 57.84. Magnolia Petroleum's value of 234.64 is 305.7% above this industry median.
How does Magnolia Petroleum's Days Payable compare to VNRRQ and GBEYF?
Magnolia Petroleum's Days Payable of 234.64 can be compared against companies in the Oil & Gas industry. The industry median Days Payable is 57.84. Magnolia Petroleum's value of 234.64 is 305.7% above this benchmark. Historically, Magnolia Petroleum's own Days Payable has ranged from 143.12 to 1,361.57 over the past decade. While the company's 10-year median is 794.79 vs. the industry median of 57.84, Magnolia Petroleum has consistently been above the industry average. 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 57.84, based on 852 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. Magnolia Petroleum's current Days Payable of 234.64 is 305.7% 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 Magnolia Petroleum and its competitors. For the Oil & Gas industry, the median Days Payable is 57.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnolia Petroleum's current Days Payable is 234.64, which is 70% below median its own 10-year median of 794.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnolia Petroleum stock overvalued right now?
Magnolia Petroleum (LSE:MAGP) has a current Days Payable of 234.64. The current Days Payable is 234.64, which is 70% below median its 10-year median of 794.79 and 305.7% above the Oil & Gas industry median of 57.84. 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 Magnolia Petroleum (LSE:MAGP), the current Days Payable is 234.64 as of Jun. 2017. 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.

Magnolia Petroleum Business Description

Industry EnergyOil & Gas
Address 19-21 Crawford Street, Suite 321, London, GBR, W1H 1PJ
Magnolia Petroleum PLC is an oil and gas production company. The company focuses on the acquisition, exploitation, and development of oil and gas properties located onshore in the United States. It has a diverse portfolio of revenue-generating assets including leases on the highly productive Bakken/Three Forks Sanish Formation in North Dakota and the proven Mississippi Lime and Woodford/Hunton oil formations in Oklahoma. It operates in two geographical areas, the United Kingdom and the United States of America.