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GuruFocus has detected 7 Warning Signs with Chesapeake Energy Corp $CHK.
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Chesapeake Energy Corp (NYSE:CHK)
Days Payable
11.41 (As of Dec. 2016)

Chesapeake Energy Corp's payable for the three months ended in Dec. 2016 was $672 Mil. Chesapeake Energy Corp's cost of goods sold for the three months ended in Dec. 2016 was $5,375 Mil. Hence, Chesapeake Energy Corp's days payable for the three months ended in Dec. 2016 was 11.41.

CHK' s Days Payable Range Over the Past 10 Years
Min: 25.64   Max: 446.82
Current: 25.64

25.64
446.82

During the past 13 years, Chesapeake Energy Corp's highest Days Payable was 446.82. The lowest was 25.64. And the median was 93.11.

CHK's Days Payable is ranked lower than
80% of the 241 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 88.92 vs. CHK: 25.64 )

Chesapeake Energy Corp's days payable increased from Dec. 2015 (10.70) to Dec. 2016 (11.41). It may suggest that Chesapeake Energy 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.

Chesapeake Energy 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
=672/7417*365
=33.07

Chesapeake Energy 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
=672/5375*365 / 4
=11.41

* 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.

Chesapeake Energy Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 157.80446.82100.35163.81182.1785.8644.2745.9433.1533.07

Chesapeake Energy Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 55.2535.4059.8540.49128.6410.7040.0333.9192.0911.41
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