GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Expand Energy Corp (MEX:EXE) » Definitions » Days Payable

Expand Energy (MEX:EXE) Days Payable : 33.44 (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Expand Energy Days Payable?

Expand Energy's average Accounts Payable for the three months ended in Dec. 2024 was MXN10,702 Mil. Expand Energy's Cost of Goods Sold for the three months ended in Dec. 2024 was MXN29,198 Mil. Hence, Expand Energy's Days Payable for the three months ended in Dec. 2024 was 33.44.

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

MEX:EXE' s Days Payable Range Over the Past 10 Years
Min: 28.44   Med: 34.57   Max: 69.05
Current: 45.26

During the past 13 years, Expand Energy's highest Days Payable was 69.05. The lowest was 28.44. And the median was 34.57.

MEX:EXE's Days Payable is ranked worse than
61.44% of 874 companies
in the Oil & Gas industry
Industry Median: 60.255 vs MEX:EXE: 45.26

Expand Energy's Days Payable declined from Dec. 2023 (67.38) to Dec. 2024 (33.44). It may suggest that Expand Energy accelerated paying its suppliers.


Expand Energy Days Payable Historical Data

The historical data trend for Expand 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.

* Premium members only.

Expand Energy Days Payable Chart

Expand Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.53 - 47.94 70.26 64.50

Expand Energy 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 67.38 51.96 36.06 43.20 33.44

Competitive Comparison of Expand Energy's Days Payable

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


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

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

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


;
;

Expand 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.

Expand Energy'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
=( (7214.055 + 16204.879) / 2 ) / 66258.559*365
=11709.467 / 66258.559*365
=64.50

Expand Energy'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
=( (5198.239 + 16204.879) / 2 ) / 29197.98*365 / 4
=10701.559 / 29197.98*365 / 4
=33.44

* 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.


Expand Energy Days Payable Related Terms

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


Expand Energy Business Description

Traded in Other Exchanges
Address
6100 North Western Avenue, P.O. Box 18496, Oklahoma City, USA, 73154
Expand Energy Corp independent natural gas producer in the United States. It is fueling a more affordable, reliable and lower-carbon future. The group focused on developing abundant natural gas, oil, and gas liquids to expand energy access.