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ConocoPhillips (NYSE:COP)
Days Payable
99.17 (As of Jun. 2016)

ConocoPhillips's payable for the three months ended in Jun. 2016 was $3,746 Mil. ConocoPhillips's cost of goods sold for the three months ended in Jun. 2016 was $3,447 Mil. Hence, ConocoPhillips's days payable for the three months ended in Jun. 2016 was 99.17.

COP' s Days Payable Range Over the Past 10 Years
Min: 28.29   Max: 192.52
Current: 66.4

28.29
192.52

During the past 13 years, ConocoPhillips's highest Days Payable was 192.52. The lowest was 28.29. And the median was 62.60.

COP's Days Payable is ranked lower than
53% of the 242 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 69.97 vs. COP: 66.40 )

ConocoPhillips's days payable declined from Jun. 2015 (105.86) to Jun. 2016 (99.17). It may suggest that ConocoPhillips 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.

ConocoPhillips'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
=4895/23634*365
=75.60

ConocoPhillips's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3746/3447*365 / 4
=99.17

* 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.

ConocoPhillips Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 41.3148.6128.2949.6045.52192.52104.33108.5288.1475.60

ConocoPhillips Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 96.43111.46117.0074.61121.44105.8692.5052.77104.2399.17
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