MCCRF (McCoy Global) Days Payable : 68.76 (As of Dec. 2024)

View and export this data going back to 2008. Start your Free Trial

What is McCoy Global Days Payable?

McCoy Global's average Accounts Payable for the three months ended in Dec. 2024 was $7.90 Mil. McCoy Global's Cost of Goods Sold for the three months ended in Dec. 2024 was $10.48 Mil. Hence, McCoy Global's Days Payable for the three months ended in Dec. 2024 was 68.76.

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

MCCRF' s Days Payable Range Over the Past 10 Years
Min: 30.47 Med: 52.11 Max: 83.89
Current: 83.89

During the past 13 years, McCoy Global's highest Days Payable was 83.89. The lowest was 30.47. And the median was 52.11.

MCCRF's Days Payable is ranked better than
60.57% of 870 companies
in the Oil & Gas industry
Industry Median: 60.01 vs MCCRF: 83.89

McCoy Global's Days Payable increased from Dec. 2023 (66.05) to Dec. 2024 (68.76). It may suggest that McCoy Global delayed paying its suppliers.

McCoy Global Days Payable Historical Data

The historical data trend for McCoy Global'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.

McCoy Global Days Payable Chart

McCoy Global Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

Get a 7-Day Free Trial

38.25

45.44

61.35

66.26

75.21

McCoy Global 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															66.05	88.81	93.46	103.48	68.76

Competitive Comparison of McCoy Global's Days Payable

For the Oil & Gas Equipment & Services subindustry, McCoy Global'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.

McCoy Global's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where McCoy Global's Days Payable falls into.

Save Embed

;

Save Embed

;

McCoy Global 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.

McCoy Global's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (6.377	+	8.054)	/	2 )	/	35.017	*	365
=	7.2155					/	35.017	*	365
=	75.21

McCoy Global'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
=	( (7.747	+	8.054)	/	2 )	/	10.484	*	365 / 4
=	7.9005					/	10.484	*	365 / 4
=	68.76

McCoy Global Days Payable Related Terms

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

McCoy Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » McCoy Global Inc (OTCPK:MCCRF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

773:Germany MCB:Canada

Address

9910 39th Avenue NW, Suite 201, Edmonton, AB, CAN, T6E 5H8

Website

https://www.mccoyglobal.com

McCoy Global Inc is a provider of equipment and technologies to support tubular running operations, enhance wellbore integrity, and assist with collecting critical data for the energy industry. The company's core products are used predominantly during the well construction phase for both land and offshore wells during oil and gas exploration and development. Some of its products are specialized hydraulic power tongs, dies, inserts, make or break torque equipment, and computerized torque turn monitoring systems, among others. In addition, the company also focuses on supporting capital equipment sales through aftermarket products and services such as technical support, consumables, and replacement parts. Geographically, it derives key revenue from the United States and Latin America.

McCoy Global Headlines

From GuruFocus

Planet MicroCap Review Magazine for Winter/Spring 2024 Now Online

By ACCESSWIRE • 03-07-2024