Devon Energy Corporation (DVN)
Number of days of payables
Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 0.23 | 0.20 | 0.22 | 0.20 | 0.18 | 0.17 | 0.16 | 0.21 | 0.35 | 0.34 | 0.47 | 0.47 | 4.13 | 4.49 | 6.48 | 5.49 | 2.98 | 5.94 | 5.06 | 5.01 | |
Number of days of payables | days | 1,614.80 | 1,838.09 | 1,690.09 | 1,829.99 | 2,016.88 | 2,132.76 | 2,241.68 | 1,734.71 | 1,057.69 | 1,065.93 | 774.41 | 782.60 | 88.30 | 81.31 | 56.35 | 66.48 | 122.34 | 61.48 | 72.14 | 72.92 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.23
= 1,614.80
Based on the data provided, there seems to be missing information regarding the number of days of payables for Devon Energy Corp. for each of the quarters in 2023 and 2022. Without this crucial data, a comprehensive analysis of the trend and calculation for the number of days of payables cannot be conducted at this time. It would be necessary to obtain the specific values for the number of days of payables for each quarter in order to evaluate how efficiently Devon Energy Corp. is managing its payables and its impact on their overall financial health and liquidity position.
Peer comparison
Dec 31, 2023
See also:
Devon Energy Corporation Average Payables Payment Period (Quarterly Data)