VTLE (Vital Energy) Days Payable : 43.14 (As of Sep. 2024)

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What is Vital Energy Days Payable?

Vital Energy's average Accounts Payable for the three months ended in Sep. 2024 was $159 Mil. Vital Energy's Cost of Goods Sold for the three months ended in Sep. 2024 was $336 Mil. Hence, Vital Energy's Days Payable for the three months ended in Sep. 2024 was 43.14.

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

VTLE' s Days Payable Range Over the Past 10 Years
Min: 19.91 Med: 34.92 Max: 57.37
Current: 43.73

During the past 13 years, Vital Energy's highest Days Payable was 57.37. The lowest was 19.91. And the median was 34.92.

VTLE's Days Payable is ranked worse than
62.68% of 879 companies
in the Oil & Gas industry
Industry Median: 60.34 vs VTLE: 43.73

Vital Energy's Days Payable increased from Sep. 2023 (40.69) to Sep. 2024 (43.14). It may suggest that Vital Energy delayed paying its suppliers.

Vital Energy Days Payable Historical Data

The historical data trend for Vital 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.

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Vital Energy Days Payable Chart

Vital Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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38.29

27.09

31.41

44.16

57.37

Vital Energy 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															40.69	45.78	46.50	43.30	43.14

Competitive Comparison of Vital Energy's Days Payable

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

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

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

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

Vital 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.

Vital Energy'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
=	( (102.516	+	159.892)	/	2 )	/	834.675	*	365
=	131.204					/	834.675	*	365
=	57.37

Vital Energy'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
=	( (153.117	+	164.54)	/	2 )	/	335.926	*	365 / 4
=	158.8285					/	335.926	*	365 / 4
=	43.14

Vital Energy Days Payable Related Terms

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Vital Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vital Energy (NYSE:VTLE) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

8LP1:Germany

Address

521 East Second Street, Suite 1000, Tulsa, OK, USA, 74120

Website

https://www.vitalenergy.com

Vital Energy is an independent energy company. Its business is focused on the acquisition, exploration, and development of oil and natural gas properties in the Permian Basin of West Texas. The Company has identified one operating segment: exploration and production.

Executives

Bryan Lemmerman	officer: Sr VP & CFO	6100 N. WESTERN AVENUE, OKLAHOMA CITY OK 73118
Mark David Denny	officer: SVP, Gen. Counsel & Secretary	2212 E 46TH STREET, TULSA OK 74015
M. Jason Pigott	director, officer: President	6100 N. WESTERN AVE., OKLAHOMA CITY OK 73118
Lori A Lancaster	director	302 WEST 86TH STREET. APT. 4C, NEW YORK NY 10024
Maple Energy Holdings, Llc	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone/gower Mgmt Co Holdings, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Management Group, L.l.c.	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Holdings Llc	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Lapeyre Pierre F Jr	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE 36TH FLOOR, NEW YORK NY 10019
David M Leuschen	10 percent owner	C/O RIVERSTONE HOLDINGS, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Credit Partners - Direct, L.p.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10019
Riverstone Strategic Credit Partners A-2 Aiv, L.p.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Credit Partners Ii - Direct, L.p.	10 percent owner	712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Riverstone Maple Investor, Llc	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019
Rcp Strategic Credit Partners (a) Gp, L.l.c.	10 percent owner	C/O RIVERSTONE HOLDINGS LLC, 712 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10019