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MUR (Murphy Oil) Days Payable : 84.16 (As of Dec. 2024)


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What is Murphy Oil Days Payable?

Murphy Oil's average Accounts Payable for the three months ended in Dec. 2024 was $451 Mil. Murphy Oil's Cost of Goods Sold for the three months ended in Dec. 2024 was $489 Mil. Hence, Murphy Oil's Days Payable for the three months ended in Dec. 2024 was 84.16.

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

MUR' s Days Payable Range Over the Past 10 Years
Min: 83.17   Med: 119.63   Max: 283.24
Current: 84.79

During the past 13 years, Murphy Oil's highest Days Payable was 283.24. The lowest was 83.17. And the median was 119.63.

MUR's Days Payable is ranked better than
60.57% of 870 companies
in the Oil & Gas industry
Industry Median: 60.12 vs MUR: 84.79

Murphy Oil's Days Payable declined from Dec. 2023 (86.79) to Dec. 2024 (84.16). It may suggest that Murphy Oil accelerated paying its suppliers.


Murphy Oil Days Payable Historical Data

The historical data trend for Murphy Oil'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.

Murphy Oil Days Payable Chart

Murphy Oil 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 104.66 123.56 115.69 93.65 83.17

Murphy Oil 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 86.79 84.76 85.28 86.60 84.16

Competitive Comparison of Murphy Oil's Days Payable

For the Oil & Gas E&P subindustry, Murphy Oil'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.


Murphy Oil's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Murphy Oil's Days Payable falls into.


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Murphy Oil 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.

Murphy Oil'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
=( (446.891 + 472.165) / 2 ) / 2016.687*365
=459.528 / 2016.687*365
=83.17

Murphy Oil'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
=( (429.832 + 472.165) / 2 ) / 488.992*365 / 4
=450.9985 / 488.992*365 / 4
=84.16

* 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.


Murphy Oil Days Payable Related Terms

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


Murphy Oil Business Description

Traded in Other Exchanges
Address
9805 Katy Freeway, Suite G-200, Houston, TX, USA, 77024
Murphy Oil Corp is an oil and gas exploration and production company, with both onshore and offshore operations and properties. It operates in two geographic reportable segments the United States and Canada. It generates the majority of its revenue form the United States.
Executives
Jeffrey W Nolan director 200 PEACH ST, EL DORADO AR 71730
Louis W Utsch officer: Vice President 300 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Claiborne P Deming director ENTERGY CORP, PO BOX 61000, NEW ORLEANS LA 70161
Meenambigai Palanivelu officer: Vice President 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Maria A Martinez officer: Vice President 300 PEACH STREET, EL DORADO AR 71730
John B Gardner officer: Treasurer 200 PEACH ST, EL DORADO AR 71730
Paul D. Vaughan officer: Vice President & Controller 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Daniel R Hanchera officer: Senior Vice President 9805 KATY FREEWAY G-200, HOUSTON TX 77024
Thomas J Mireles officer: Vice President 200 PEACH STREET, P O BOX 7000, EL DORADO AR 71730
Roger W. Jenkins officer: Executive Vice President 200 PEACH STREET, P.O. BOX 7000, EL DORADO AR 71730
Elisabeth W Keller director 300 PEACH ST., EL DORADO AR 71730
Robert Madison Murphy director 200 NORTH JEFFERSON SUITE 400, EL DODRADO AR 71730
Eric M Hambly officer: Executive Vice President 300 PEACH STREET, EL DORADO AR 71730
Kelly L Whitley officer: Vice President 200 PEACH ST., EL DORADO AR 71730
T Jay Collins director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011