Shell (SHEL) Days Payable : 95.16 (As of Sep. 2024)

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What is Shell Days Payable?

Shell's average Accounts Payable for the three months ended in Sep. 2024 was $62,510 Mil. Shell's Cost of Goods Sold for the three months ended in Sep. 2024 was $59,941 Mil. Hence, Shell's Days Payable for the three months ended in Sep. 2024 was 95.16.

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

SHEL' s Days Payable Range Over the Past 10 Years
Min: 32.78 Med: 41.16 Max: 83.85
Current: 83.85

During the past 13 years, Shell's highest Days Payable was 83.85. The lowest was 32.78. And the median was 41.16.

SHEL's Days Payable is ranked better than
60.98% of 879 companies
in the Oil & Gas industry
Industry Median: 60.34 vs SHEL: 83.85

Shell's Days Payable declined from Sep. 2023 (97.73) to Sep. 2024 (95.16). It may suggest that Shell accelerated paying its suppliers.

Shell Days Payable Historical Data

The historical data trend for Shell'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.

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Shell Days Payable Chart

Shell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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35.45

49.19

45.94

46.31

52.31

Shell Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															97.73	61.33	78.68	94.76	95.16

Competitive Comparison of Shell's Days Payable

For the Oil & Gas Integrated subindustry, Shell'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.

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

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

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

Shell 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.

Shell's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (42632	+	34591)	/	2 )	/	269413	*	365
=	38611.5					/	269413	*	365
=	52.31

Shell's Days Payable for the quarter that ended in Sep. 2024 is calculated as:

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (63943	+	61076)	/	2 )	/	59941	*	365 / 4
=	62509.5					/	59941	*	365 / 4
=	95.16

Shell Days Payable Related Terms

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Shell Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shell PLC (NYSE:SHEL) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

RYDAF:USA SHELL:Netherlands SHEL:Mexico SHELl:UK SHEL:UK R6C0:Germany R6C0:Germany R6C0:Germany L3H:Germany R6C0:Germany SHELL:Czech Republic R6C0:Bulgaria SHEL:Argentina

Address

Shell Centre, London, GBR, SE1 7NA

Website

https://www.shell.com

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At end-2023, reserves stood at 9.6 billion barrels of oil equivalent, 49% of which, consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.6 mmb/d located in the Americas, Asia, Africa, and Europe and sells about 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.