Switch to:
Denbury Resources Inc (NYSE:DNR)
Days Payable
96.17 (As of Sep. 2015)

Denbury Resources Inc's payable for the three months ended in Sep. 2015 was $136 Mil. Denbury Resources Inc's cost of goods sold for the three months ended in Sep. 2015 was $129 Mil. Hence, Denbury Resources Inc's days payable for the three months ended in Sep. 2015 was 96.17.

DNR' s Days Payable Range Over the Past 10 Years
Min: 88.22   Max: 4155.4
Current: 106.99

88.22
4155.4

During the past 13 years, Denbury Resources Inc's highest Days Payable was 4155.40. The lowest was 88.22. And the median was 366.39.

DNR's Days Payable is ranked higher than
54% of the 243 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 97.04 vs. DNR: 106.99 )

Denbury Resources Inc's days payable increased from Sep. 2014 (78.96) to Sep. 2015 (96.17). It may suggest that Denbury Resources Inc 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.

Denbury Resources Inc'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
=192.774/737.16*365
=95.45

Denbury Resources Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=136.353/129.377*365 / 4
=96.17

* 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.

Denbury Resources Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 333.25399.530.000.000.001,683.464,155.400.00109.0095.45

Denbury Resources Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 995.011,021.1828.98741.0684.2578.96100.041,178.3090.9096.17
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)

GuruFocus Premium Plus Membership

FEEDBACK