Devon Energy Corporation (DVN)
Number of days of payables
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Payables turnover | 0.23 | 0.18 | 0.35 | 3.45 | 2.96 | |
Number of days of payables | days | 1,604.06 | 2,016.88 | 1,036.20 | 105.76 | 123.23 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.23
= 1,604.06
Based on the information provided, we can see that the number of days of payables for Devon Energy Corp. is not available for the years 2019 to 2023. This lack of data prevents us from conducting a specific analysis of the company's payables turnover and efficiency in managing its payment obligations relative to its suppliers over the years in question. It is crucial for investors and stakeholders to have access to this information to assess the company's working capital management and relationships with its vendors effectively.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
Devon Energy Corporation
DVN
1,604.06
Antero Resources Corp
AR
—
APA Corporation
APA
359.23
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CRC
247.03
Chesapeake Energy Corp
CHK
1,048.14
Chord Energy Corp
CHRD
16.07
Civitas Resources Inc
CIVI
14.92
CNX Resources Corp
CNX
389.78
Comstock Resources Inc
CRK
4,814.59
Coterra Energy Inc
CTRA
334.58
Diamondback Energy Inc
FANG
573.89