National Fuel Gas Co (National Fuel Gas Co) Days Payable : 39.73 (As of Dec. 2023)

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What is National Fuel Gas Co Days Payable?

National Fuel Gas Co's average Accounts Payable for the three months ended in Dec. 2023 was $129 Mil. National Fuel Gas Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $296 Mil. Hence, National Fuel Gas Co's Days Payable for the three months ended in Dec. 2023 was 39.73.

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

NFG' s Days Payable Range Over the Past 10 Years
Min: 30.4 Med: 49.77 Max: 62.75
Current: 37.41

During the past 13 years, National Fuel Gas Co's highest Days Payable was 62.75. The lowest was 30.40. And the median was 49.77.

NFG's Days Payable is ranked worse than
69.22% of 900 companies
in the Oil & Gas industry
Industry Median: 59.43 vs NFG: 37.41

National Fuel Gas Co's Days Payable declined from Dec. 2022 (41.89) to Dec. 2023 (39.73). It may suggest that National Fuel Gas Co accelerated paying its suppliers.

National Fuel Gas Co Days Payable Historical Data

The historical data trend for National Fuel Gas 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.

National Fuel Gas Co Days Payable Chart

National Fuel Gas Co Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Payable

Get a 7-Day Free Trial

48.81

49.67

56.77

49.87

45.58

National Fuel Gas 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	Get a 7-Day Free Trial															41.89	27.92	37.93	49.93	39.73

Competitive Comparison of National Fuel Gas Co's Days Payable

For the Oil & Gas Integrated subindustry, National Fuel Gas 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.

National Fuel Gas Co's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where National Fuel Gas Co's Days Payable falls into.

National Fuel Gas 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.

National Fuel Gas Co's Days Payable for the fiscal year that ended in Sep. 2023 is calculated as

	Days Payable (A: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Sep. 2022 )	+	Accounts Payable (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (178.945	+	152.193)	/	2 )	/	1325.924	*	365
=	165.569					/	1325.924	*	365
=	45.58

National Fuel Gas 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
=	( (152.193	+	105.39)	/	2 )	/	295.835	*	365 / 4
=	128.7915					/	295.835	*	365 / 4
=	39.73

National Fuel Gas Co Days Payable Related Terms

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National Fuel Gas Co (National Fuel Gas Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » National Fuel Gas Co (NYSE:NFG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NFG:Germany NFG:Germany

Address

6363 Main Street, Williamsville, NY, USA, 14221

Website

http://www.nationalfuelgas.com

National Fuel Gas Co is a diversified energy company engaged in the production, gathering, transportation, distribution, and marketing of natural gas. The operating segments of the company are the Exploration and Production segment, the Pipeline and Storage segment, the Gathering segment, and the Utility segment. Geographically it generates revenue from the United States and majorly it generates revenue from Exploration and Production segment.

Executives

Timothy J Silverstein	officer: Treasurer & Prin. Fin.Officer	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Michael W Reville	officer: General Counsel and Secretary	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Ronald C Kraemer	officer: Pres - Empire Pipeline	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Ronald J Tanski	officer: Controller	NATIONAL FUEL GAS COMPANY, 6363 MAIN ST, WILLIAMSVILLE NY 14221
Justin I Loweth	officer: Pres - Seneca Resources	1201 LOUISIANA STREET, SUITE 2600, HOUSTON TX 77002
Donna L Decarolis	officer: President, Horizon Power	6363 MAIN ST., WILLIAMSVILLE NY 14221
David P Bauer	officer: Treasurer, Prin.Fin. Officer	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Sarah J Mugel	officer: General Counsel and Secretary	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Barbara M Baumann	director	1776 LINCOLN ST, STE 700, DENVER CO 80203
Paula M Ciprich	officer: General Counsel. NFG Co.	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Michael P Kasprzak	officer: President NFG Midstream Co	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Elena G Mendel	officer: Controller	6363 MAIN STREET, WILLIAMSVILLE NY 14221
Martin A Krebs	officer: Chief Information Officer	6363 MAIN STREET, WILLIAMSVILLE NY 14221
David Hugo Anderson	director
John P Mcginnis	officer: COO - Seneca Resources	1201 LOUISIANA STREET, SUITE 2600, HOUSTON TX 77002