Exxon Mobil Corp (XOM)

Number of days of payables

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Payables turnover		0.23	—	—	—	0.35	—	—	—	0.25	—	—	—	0.31	—	—	—	0.51	—	—	—
Number of days of payables	days	1,599.10	—	—	—	1,053.54	—	—	—	1,439.33	—	—	—	1,164.69	—	—	—	715.73	—	—	—

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 0.23
= 1,599.10

Based on the data provided for Exxon Mobil Corp, the number of days of payables has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The number of days of payables was not available in certain periods, indicating potential variability and irregularity in the reporting of this financial metric.

Specifically, as of December 31, 2020, the number of days of payables was reported as 715.73 days, representing the average number of days the company takes to pay its suppliers. Subsequently, by December 31, 2021, this metric increased significantly to 1,164.69 days, suggesting a potential elongation in the payment period provided to suppliers.

The trend continued with the number of days of payables reaching 1,439.33 days by December 31, 2022, and then dropping slightly to 1,053.54 days by December 31, 2023. Finally, the metric surged to 1,599.10 days by December 31, 2024, indicating a potential extension in the company's payment terms or delayed payments to suppliers during that period.

Overall, the trend in Exxon Mobil Corp's number of days of payables exhibits variability and changes in the company's payment practices over the analyzed period. Further analysis and context would be necessary to fully understand the implications of these fluctuations on the company's financial performance and working capital management.