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Denbury Resources Inc (NYSE:DNR)
Days Payable
88.27 (As of Mar. 2016)

Denbury Resources Inc's payable for the three months ended in Mar. 2016 was $112 Mil. Denbury Resources Inc's cost of goods sold for the three months ended in Mar. 2016 was $116 Mil. Hence, Denbury Resources Inc's days payable for the three months ended in Mar. 2016 was 88.27.

DNR' s Days Payable Range Over the Past 10 Years
Min: 62.75   Max: 399.53
Current: 69.85

62.75
399.53

During the past 13 years, Denbury Resources Inc's highest Days Payable was 399.53. The lowest was 62.75. And the median was 103.55.

DNR's Days Payable is ranked lower than
52% of the 257 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 74.36 vs. DNR: 69.85 )

Denbury Resources Inc's days payable declined from Mar. 2015 (96.83) to Mar. 2016 (88.27). It may suggest that Denbury Resources 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.

Denbury Resources 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
=117.814/685.338*365
=62.75

Denbury Resources 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
=112.453/116.248*365 / 4
=88.27

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 399.530.000.0088.2284.82158.94121.47118.8877.5962.75

Denbury Resources Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 86.4568.3884.2564.7484.2596.8390.9080.2863.5888.27
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