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Apache Corp (NYSE:APA)
Days Payable
117.38 (As of Sep. 2016)

Apache Corp's payable for the three months ended in Sep. 2016 was $557 Mil. Apache Corp's cost of goods sold for the three months ended in Sep. 2016 was $433 Mil. Hence, Apache Corp's days payable for the three months ended in Sep. 2016 was 117.38.

APA' s Days Payable Range Over the Past 10 Years
Min: 80.28   Max: 200.76
Current: 114.34

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 129.06.

APA's Days Payable is ranked higher than
63% of the 234 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 71.01 vs. APA: 114.34 )

Apache Corp's days payable declined from Sep. 2015 (118.37) to Sep. 2016 (117.38). It may suggest that Apache Corp accelerated 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=618/2065*365
=109.23

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=557/433*365 / 4
=117.38

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 163.11125.9996.9880.28128.66131.86129.45200.76175.89109.23

Apache Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 217.34183.34180.41171.62125.56118.37111.89121.17120.78117.38
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