Exxon Mobil Corp (XOM)
Number of days of payables
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Payables turnover | 0.35 | 0.25 | 0.32 | 0.51 | 0.42 | |
Number of days of payables | days | 1,053.54 | 1,439.33 | 1,139.61 | 710.40 | 864.77 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.35
= 1,053.54
The number of days of payables for Exxon Mobil Corp. is not provided in the table. Without this specific data, we are unable to calculate or analyze the trend in the number of days it takes for the company to pay its suppliers. This metric is important as it indicates how efficiently the company manages its accounts payable and its relationships with suppliers. For a more in-depth analysis of Exxon Mobil Corp.'s payables turnover, additional information or data would be needed to evaluate its liquidity and operational efficiency related to supplier payments over the years.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
Exxon Mobil Corp
XOM
1,053.54
Chevron Corp
CVX
58.74
ConocoPhillips
COP
—
CVR Energy Inc
CVI
24.26
Hess Corporation
HES
225.74
Marathon Petroleum Corp
MPC
38.08
PBF Energy Inc
PBF
9.74
Phillips 66
PSX
—
Valero Energy Corporation
VLO
34.79