Talos Energy (Talos Energy) Days Payable : 16.69 (As of Dec. 2023)

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What is Talos Energy Days Payable?

Talos Energy's average Accounts Payable for the three months ended in Dec. 2023 was $105 Mil. Talos Energy's Cost of Goods Sold for the three months ended in Dec. 2023 was $573 Mil. Hence, Talos Energy's Days Payable for the three months ended in Dec. 2023 was 16.69.

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

TALO' s Days Payable Range Over the Past 10 Years
Min: 36.72 Med: 51.75 Max: 101.55
Current: 48.86

During the past 9 years, Talos Energy's highest Days Payable was 101.55. The lowest was 36.72. And the median was 51.75.

TALO's Days Payable is ranked worse than
58.29% of 899 companies
in the Oil & Gas industry
Industry Median: 59.45 vs TALO: 48.86

Talos Energy's Days Payable declined from Dec. 2022 (25.36) to Dec. 2023 (16.69). It may suggest that Talos Energy accelerated paying its suppliers.

Talos Energy Days Payable Historical Data

The historical data trend for Talos 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.

* Premium members only.

Talos Energy Days Payable Chart

Talos Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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37.81

52.55

50.95

53.78

36.72

Talos Energy 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															25.36	96.43	98.71	86.19	16.69

Competitive Comparison of Talos Energy's Days Payable

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

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

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

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

Talos 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.

Talos 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
=	( (128.174	+	84.193)	/	2 )	/	1055.606	*	365
=	106.1835					/	1055.606	*	365
=	36.72

Talos Energy'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
=	( (125.557	+	84.193)	/	2 )	/	573.317	*	365 / 4
=	104.875					/	573.317	*	365 / 4
=	16.69

Talos Energy Days Payable Related Terms

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Talos Energy (Talos Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Talos Energy Inc (NYSE:TALO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

7T2:Germany 7T2:Germany

Address

333 Clay Street, Suite 3300, Houston, TX, USA, 77002

Website

https://www.talosenergy.com

Talos Energy Inc is an independent oil and gas company primarily involved in offshore exploration and production. The company has operations in the United States, the Gulf of Mexico, and offshore Mexico. The revenue is generated from the sale of oil, natural gas, and NGL quantities sold to purchasers.

Executives

Control Empresarial De Capitales S.a. De C.v.	10 percent owner, other: Add'l Rep. Persons-see Ex.99-1	INSURGENTES SUR #3500, PB, COL. PENA POBRE, DELEGACION TLALPAN, CP, MEXICO D.F. O5 14060
Maiworm Sergio L. Jr.	officer: See Remarks	333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Bcc Enven Investments (s), L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Member, Llc	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2013 (aiv I), L.p.	10 percent owner	C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON ST., BOSTON MA 02116
Bain Capital Distressed & Special Situations 2016 (f), L.p.	10 percent owner	C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit, Lp	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2013 (b), L.p.	10 percent owner	C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Credit Managed Account (psers), L.p.	10 percent owner	C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON ST., BOSTON MA 02116
Bain Capital Credit Managed Account (e), L.p.	10 percent owner	C/O BAIN CAPITAL CREDIT, LP, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Distressed & Special Situations 2016 (a), L.p.	10 percent owner	C/O BAIN CAPITAL CREDIT, LP, 200 CLARENDON STREET, BOSTON MA 02116
Sankaty Credit Opportunities Iv Lp	10 percent owner	C/O SANKATY ADVISORS LLC, 111 HUNTINGTON AVENUE, BOSTON MA 02199
Richard Sherrill	director	333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Shandell Szabo	director	333 CLAY STREET, SUITE 3300, HOUSTON TX 77002
Bcc Enven Investments (2013), L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116