Switch to:
Consol Energy Inc (NYSE:CNX)
Days Payable
55.24 (As of Mar. 2016)

Consol Energy Inc's payable for the three months ended in Mar. 2016 was $222 Mil. Consol Energy Inc's cost of goods sold for the three months ended in Mar. 2016 was $366 Mil. Hence, Consol Energy Inc's days payable for the three months ended in Mar. 2016 was 55.24.

CNX' s Days Payable Range Over the Past 10 Years
Min: 32.87   Max: 97.31
Current: 54.5

32.87
97.31

During the past 13 years, Consol Energy Inc's highest Days Payable was 97.31. The lowest was 32.87. And the median was 47.47.

CNX's Days Payable is ranked lower than
60% of the 260 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 75.15 vs. CNX: 54.50 )

Consol Energy Inc's days payable declined from Mar. 2015 (114.89) to Mar. 2016 (55.24). It may suggest that Consol Energy Inc 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.

Consol Energy Inc'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
=271.394/1594.352*365
=62.13

Consol Energy Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=221.625/366.068*365 / 4
=55.24

* 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.

Consol Energy Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 32.8733.6444.7433.4137.4450.2050.4780.8897.3162.13

Consol Energy Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 59.1194.4291.44112.9859.99114.8995.9690.6968.0855.24
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