Switch to:
GuruFocus has detected 2 Warning Signs with Apache Corp $APA.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Apache Corp (NYSE:APA)
Days Payable
127.10 (As of Dec. 2016)

Apache Corp's payable for the three months ended in Dec. 2016 was $585 Mil. Apache Corp's cost of goods sold for the three months ended in Dec. 2016 was $420 Mil. Hence, Apache Corp's days payable for the three months ended in Dec. 2016 was 127.10.

APA' s Days Payable Range Over the Past 10 Years
Min: 80.28   Max: 200.76
Current: 126.05

80.28
200.76

During the past 13 years, Apache Corp's highest Days Payable was 200.76. The lowest was 80.28. And the median was 127.36.

APA's Days Payable is ranked higher than
61% of the 238 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 88.02 vs. APA: 126.05 )

Apache Corp's days payable increased from Dec. 2015 (111.89) to Dec. 2016 (127.10). It may suggest that Apache Corp delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Apache Corp's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=585/1694*365
=126.05

Apache Corp's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=585/420*365 / 4
=127.10

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Apache Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 125.9996.9880.28128.66131.86129.45200.76175.89109.23126.05

Apache Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 183.34180.41171.62125.56118.37111.89121.17120.78117.38127.10
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK