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Apache Corporation (NYSE:APA)
Days Payable
118.37 (As of Sep. 2015)

Apache Corporation's payable for the three months ended in Sep. 2015 was $659 Mil. Apache Corporation's cost of goods sold for the three months ended in Sep. 2015 was $508 Mil. Hence, Apache Corporation's days payable for the three months ended in Sep. 2015 was 118.37.

APA' s Days Payable Range Over the Past 10 Years
Min: 80.2   Max: 1597.39
Current: 185.03

80.2
1597.39

During the past 13 years, Apache Corporation's highest Days Payable was 1597.39. The lowest was 80.20. And the median was 169.51.

APA's Days Payable is ranked higher than
72% of the 243 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 97.04 vs. APA: 185.03 )

Apache Corporation's days payable declined from Sep. 2014 (167.02) to Sep. 2015 (118.37). It may suggest that Apache Corporation 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 Corporation's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1210/2752*365
=160.48

Apache Corporation's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=659/508*365 / 4
=118.37

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Apache Corporation Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 228.65163.11125.9996.9880.201,597.391,292.301,315.45175.91160.48

Apache Corporation Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 1,535.281,478.6947.321,874.542,061.42167.02160.721,645.761,322.19118.37
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