Diversified Energy Co (LSE:DEC) Days Payable : 82.49 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Diversified Energy Co Days Payable?

Diversified Energy Co's average Accounts Payable for the six months ended in Dec. 2023 was £115.3 Mil. Diversified Energy Co's Cost of Goods Sold for the six months ended in Dec. 2023 was £255.0 Mil. Hence, Diversified Energy Co's Days Payable for the six months ended in Dec. 2023 was 82.49.

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

LSE:DEC' s Days Payable Range Over the Past 10 Years
Min: 56.88 Med: 125.93 Max: 219
Current: 123.09

During the past 11 years, Diversified Energy Co's highest Days Payable was 219.00. The lowest was 56.88. And the median was 125.93.

LSE:DEC's Days Payable is ranked better than
72.33% of 900 companies
in the Oil & Gas industry
Industry Median: 60.89 vs LSE:DEC: 123.09

Diversified Energy Co's Days Payable declined from Dec. 2022 (195.31) to Dec. 2023 (82.49). It may suggest that Diversified Energy Co accelerated paying its suppliers.

Diversified Energy Co Days Payable Historical Data

The historical data trend for Diversified Energy 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.

Diversified Energy Co Days Payable Chart

Diversified Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

62.01

68.05

126.22

164.45

165.70

Diversified Energy Co Semi-Annual Data
	Dec13	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial														113.88	170.90	195.31	120.16	82.49

Competitive Comparison of Diversified Energy Co's Days Payable

For the Oil & Gas E&P subindustry, Diversified Energy 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.

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

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

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

Diversified Energy 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.

Diversified Energy 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
=	( (301.783	+	175.273)	/	2 )	/	525.436	*	365
=	238.528					/	525.436	*	365
=	165.70

Diversified Energy 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: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (55.237	+	175.273)	/	2 )	/	254.991	*	365 / 2
=	115.255					/	254.991	*	365 / 2
=	82.49

Diversified Energy Co Days Payable Related Terms

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

Diversified Energy Co (LSE:DEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Diversified Energy Co PLC (LSE:DEC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

DEC:USA DECl:UK DG20:Germany DG20:Germany

Address

1600 Corporate Drive, Birmingham, AL, USA, 35242

Website

https://www.div.energy

Diversified Energy Co PLC is an independent owner and operator of producing natural gas and oil wells concentrated in the Appalachian Basin. The company acquires and manages gas and oil properties and certain associated midstream assets. Its operations are located throughout the neighboring states of Tennessee, Kentucky, Virginia, West Virginia, Ohio, Pennsylvania, Oklahoma, Texas, and Louisiana.