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OII (Oceaneering International) Days Payable : 29.12 (As of Dec. 2024)


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What is Oceaneering International Days Payable?

Oceaneering International's average Accounts Payable for the three months ended in Dec. 2024 was $182 Mil. Oceaneering International's Cost of Goods Sold for the three months ended in Dec. 2024 was $572 Mil. Hence, Oceaneering International's Days Payable for the three months ended in Dec. 2024 was 29.12.

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

OII' s Days Payable Range Over the Past 10 Years
Min: 17.24   Med: 23.94   Max: 28.39
Current: 28.39

During the past 13 years, Oceaneering International's highest Days Payable was 28.39. The lowest was 17.24. And the median was 23.94.

OII's Days Payable is ranked worse than
78.07% of 871 companies
in the Oil & Gas industry
Industry Median: 60.33 vs OII: 28.39

Oceaneering International's Days Payable increased from Dec. 2023 (25.83) to Dec. 2024 (29.12). It may suggest that Oceaneering International delayed paying its suppliers.


Oceaneering International Days Payable Historical Data

The historical data trend for Oceaneering International'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.

Oceaneering International Days Payable Chart

Oceaneering International 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 26.34 24.62 28.05 27.39 28.32

Oceaneering International 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 25.83 27.79 27.05 29.59 29.12

Competitive Comparison of Oceaneering International's Days Payable

For the Oil & Gas Equipment & Services subindustry, Oceaneering International'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.


Oceaneering International's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Oceaneering International's Days Payable falls into.


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Oceaneering International 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.

Oceaneering International'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
=( (156.064 + 181.505) / 2 ) / 2175.667*365
=168.7845 / 2175.667*365
=28.32

Oceaneering International'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
=( (183.323 + 181.505) / 2 ) / 571.513*365 / 4
=182.414 / 571.513*365 / 4
=29.12

* 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.


Oceaneering International Days Payable Related Terms

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Oceaneering International Business Description

Traded in Other Exchanges
Address
5875 North Sam Houston Parkway West, Suite 400, Houston, TX, USA, 77086
Oceaneering International Inc is a provider of engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. A majority of its products are produced for the offshore oil and gas market. The company's business segments are Integrity Management and Digital Solutions, Subsea Robotics, Manufactured Products, Offshore Projects Group, and Aerospace and Defense Technologies. Maximum revenue is generated from its Subsea Robotics segment, which provides remotely operated vehicles (ROVs) for drill support and vessel-based services, underwater surveys, tooling, and other activities. Geographically, the company derives its key revenue from the United States, followed by Africa, Norway, Brazil, and other regions.
Executives
Leonardo P Granato officer: SVP, IMDS 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Karen H Beachy director PO BOX 1400, RAPID CITY SD 57709
M Kevin Mcevoy director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Alan R Curtis officer: SVP and CFO 11911 FM 529, HOUSTON TX 77041
Earl Childress officer: SVP, Chief Commercial Ofc. 11911 FM 529, HOUSTON TX 77041
Shaun Roedel officer: SVP, Mfd. Prods. 11911 FM 529, HOUSTON TX 77041
Christopher J Dyer officer: SVP, OPGroup 5875 N. SAM HOUSTON PARKWAY W., SUITE 400, HOUSTON TX 77086
Deanna L Goodwin director 11911 FM 529, HOUSTON TX 77041
T Jay Collins director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Murphy Paul B Jr director OCEANEERING INTERNATIONAL, INC., 11911 FM 529, HOUSTON TX 77041
William B Berry director C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Jennifer Fremont Simons officer: SVP, CLO and Secretary 5875 N. SAM HOUSTON PKWY. W., SUITE 400, HOUSTON TX 77086
Martin J Mcdonald officer: SVP, Subsea Robotics 11911 FM 529, HOUSTON TX 77041
Jon Erik Reinhardsen director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Steven A Webster director 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002