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Exxon Mobil (WBO:XOM) Days Payable : 67.27 (As of Mar. 2024)


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What is Exxon Mobil Days Payable?

Exxon Mobil's average Accounts Payable for the three months ended in Mar. 2024 was €41,712 Mil. Exxon Mobil's Cost of Goods Sold for the three months ended in Mar. 2024 was €56,584 Mil. Hence, Exxon Mobil's Days Payable for the three months ended in Mar. 2024 was 67.27.

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

WBO:XOM' s Days Payable Range Over the Past 10 Years
Min: 32.72   Med: 40.8   Max: 77.34
Current: 77.34

During the past 13 years, Exxon Mobil's highest Days Payable was 77.34. The lowest was 32.72. And the median was 40.80.

WBO:XOM's Days Payable is ranked better than
57.94% of 901 companies
in the Oil & Gas industry
Industry Median: 61.11 vs WBO:XOM: 77.34

Exxon Mobil's Days Payable declined from Mar. 2023 (71.45) to Mar. 2024 (67.27). It may suggest that Exxon Mobil accelerated paying its suppliers.


Exxon Mobil Days Payable Historical Data

The historical data trend for Exxon Mobil'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.

Exxon Mobil Days Payable Chart

Exxon Mobil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.38 47.69 36.94 35.89 47.63

Exxon Mobil Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 71.45 86.48 79.86 67.64 67.27

Competitive Comparison of Exxon Mobil's Days Payable

For the Oil & Gas Integrated subindustry, Exxon Mobil'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.


Exxon Mobil's Days Payable Distribution in the Oil & Gas Industry

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

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



Exxon Mobil 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.

Exxon Mobil'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
=( (31311.536 + 28655.333) / 2 ) / 229758.935*365
=29983.4345 / 229758.935*365
=47.63

Exxon Mobil's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

Days Payable (Q: Mar. 2024 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2023 ) + Accounts Payable (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (28655.333 + 54768.52) / 2 ) / 56583.68*365 / 4
=41711.9265 / 56583.68*365 / 4
=67.27

* 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.


Exxon Mobil Days Payable Related Terms

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Exxon Mobil (WBO:XOM) Business Description

Address
5959 Las Colinas Boulevard, Irving, TX, USA, 75039-2298
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 2.4 million barrels of liquids and 8.3 billion cubic feet of natural gas per day. At the end of 2022, reserves were 17.7 billion barrels of oil equivalent, 65% of which were liquids. The company is the world's largest refiner with a total global refining capacity of 4.6 million barrels of oil per day and is one of the world's largest manufacturers of commodity and specialty chemicals.

Exxon Mobil (WBO:XOM) Headlines