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Halliburton Co (Halliburton Co) Days Payable

: 63.25 (As of Dec. 2023)
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Halliburton Co's average Accounts Payable for the three months ended in Dec. 2023 was $3,193 Mil. Halliburton Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $4,606 Mil. Hence, Halliburton Co's Days Payable for the three months ended in Dec. 2023 was 63.25.

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

HAL' s Days Payable Range Over the Past 10 Years
Min: 34.58   Med: 48.92   Max: 62.11
Current: 62.11

During the past 13 years, Halliburton Co's highest Days Payable was 62.11. The lowest was 34.58. And the median was 48.92.

HAL's Days Payable is ranked better than
51.22% of 900 companies
in the Oil & Gas industry
Industry Median: 59.865 vs HAL: 62.11

Halliburton Co's Days Payable increased from Dec. 2022 (62.10) to Dec. 2023 (63.25). It may suggest that Halliburton Co delayed paying its suppliers.


Halliburton Co Days Payable Historical Data

The historical data trend for Halliburton Co'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.

Halliburton Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.43 56.66 53.96 58.82 61.31

Halliburton Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable 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 Premium Member Only Premium Member Only Premium Member Only 62.10 61.88 61.56 62.57 63.25

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Halliburton Co'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.


Halliburton Co Days Payable Distribution

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

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



Halliburton Co 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.

Halliburton Co'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
=( (3121 + 3147) / 2 ) / 18658*365
=3134 / 18658*365
=61.31

Halliburton Co's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (3238 + 3147) / 2 ) / 4606*365 / 4
=3192.5 / 4606*365 / 4
=63.25

* 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.


Halliburton Co Days Payable Related Terms

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


Halliburton Co (Halliburton Co) Business Description

Address
3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is one of the three largest oilfield service firms in the world, offering superior expertise in a number of business lines, including completion fluids, wireline services, cementing, and countless others. It's the largest pressure pumper in North America, and has been a leading innovator in hydraulic fracturing over the past two decades.
Executives
Van H. Beckwith officer: EVP, Secretary and CLO 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Myrtle L Jones officer: Senior Vice Pres - Tax 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Jill D. Sharp officer: SVP Internal Assurance Svcs. 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Jeffrey Allen Miller officer: Exec VP & COO 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Timothy Mckeon officer: Vice Pres and Treasurer 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Eric Carre officer: EVP, Global Business Lines 3000 N. SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Charles Jr. Geer officer: VP and Corporate Controller 3000 N. SAM HOUSTON PARKWAY EAST, PLAZA 2-6211, HOUSTON TX 77032
Jeffrey Shannon Slocum officer: President - Eastern Hemisphere 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Maurice S Smith director 353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Janet L Weiss director 3000 N SAM HOUSTON PKWY E, HOUSTON TX 77032
Margaret Katherine Banks director 125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Lawrence J Pope officer: Vice Pres, HR and Admin 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Joe D Rainey officer: Pres., Eastern Hemisphere EMIRATES TOWER, 13TH FLOOR, SHEIKH ZAYED ROAD, DUBAI C0 00000
Lance Loeffler officer: Chief Financial Officer 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Mark Richard officer: President - Western Hemisphere 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032

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