SBM Offshore NV (XAMS:SBMO) Days Payable : 78.16 (As of Dec. 2023)

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What is SBM Offshore NV Days Payable?

SBM Offshore NV's average Accounts Payable for the six months ended in Dec. 2023 was €695 Mil. SBM Offshore NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €1,622 Mil. Hence, SBM Offshore NV's Days Payable for the six months ended in Dec. 2023 was 78.16.

The historical rank and industry rank for SBM Offshore NV's Days Payable or its related term are showing as below:

XAMS:SBMO' s Days Payable Range Over the Past 10 Years
Min: 16.9 Med: 26.08 Max: 59.07
Current: 59.07

During the past 13 years, SBM Offshore NV's highest Days Payable was 59.07. The lowest was 16.90. And the median was 26.08.

XAMS:SBMO's Days Payable is ranked worse than
50.44% of 900 companies
in the Oil & Gas industry
Industry Median: 60.215 vs XAMS:SBMO: 59.07

SBM Offshore NV's Days Payable increased from Dec. 2022 (77.94) to Dec. 2023 (78.16). It may suggest that SBM Offshore NV delayed paying its suppliers.

SBM Offshore NV Days Payable Historical Data

The historical data trend for SBM Offshore NV'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.

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SBM Offshore NV Days Payable Chart

SBM Offshore NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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20.78

20.13

17.61

16.90

23.91

SBM Offshore NV Semi-Annual Data
	Jun14	Dec14	Jun15	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															62.25	81.70	77.94	75.23	78.16

Competitive Comparison of SBM Offshore NV's Days Payable

For the Oil & Gas Equipment & Services subindustry, SBM Offshore NV'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.

SBM Offshore NV's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where SBM Offshore NV's Days Payable falls into.

SBM Offshore NV 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.

SBM Offshore NV'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
=	( (192.576	+	232.918)	/	2 )	/	3248.014	*	365
=	212.747					/	3248.014	*	365
=	23.91

SBM Offshore NV'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
=	( (1156.519	+	232.918)	/	2 )	/	1622.173	*	365 / 2
=	694.7185					/	1622.173	*	365 / 2
=	78.16

SBM Offshore NV Days Payable Related Terms

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SBM Offshore NV (XAMS:SBMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » SBM Offshore NV (XAMS:SBMO) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

SBFFY:USA SBFFF:USA SBMOa:UK 0NIS:UK IHCB:Germany

Address

Evert van de Beekstraat 1-77, Schiphol, Amsterdam, NH, NLD, 1118 CL

Website

https://www.sbmoffshore.com

SBM Offshore NV provides floating production solutions to the offshore energy industry both in hydrocarbon and renewable markets. Its main activities are the design, supply, installation, operation, and life extension of Floating Production Storage and Offloading (FPSO) vessels. The company is also working on floating offshore wind, wave energy and research and development of products for future energy markets. It has dedicated product lines to provide specific floating equipment and products such as Turret Mooring Systems (TMS) and offshore (off)loading Terminals. The Company has two segments: Lease and Operate segment includes all earned day rates on operating lease and operate contracts, and The turnkey segment includes revenues from Turnkey supply contracts and after-sales services.

SBM Offshore NV (XAMS:SBMO) Headlines

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