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Chevron Corp (NYSE:CVX)
Days Payable
69.67 (As of Mar. 2016)

Chevron Corp's payable for the three months ended in Mar. 2016 was $12,696 Mil. Chevron Corp's cost of goods sold for the three months ended in Mar. 2016 was $16,629 Mil. Hence, Chevron Corp's days payable for the three months ended in Mar. 2016 was 69.67.

CVX' s Days Payable Range Over the Past 10 Years
Min: 31.3   Max: 53.17
Current: 53.37

31.3
53.17

During the past 13 years, Chevron Corp's highest Days Payable was 53.17. The lowest was 31.30. And the median was 50.98.

CVX's Days Payable is ranked higher than
51% of the 53 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 53.37 vs. CVX: 53.37 )

Chevron Corp's days payable increased from Mar. 2015 (67.22) to Mar. 2016 (69.67). It may suggest that Chevron 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.

Chevron 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
=13516/92785*365
=53.17

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=12696/16629*365 / 4
=69.67

* 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.

Chevron Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 42.2352.3931.3051.0651.8244.9950.9052.2747.8453.17

Chevron Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 53.0969.0753.7153.6156.2367.2259.5860.6360.0569.67
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