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DTE Energy Co (NYSE:DTE)
Days Payable
44.16 (As of Mar. 2016)

DTE Energy Co's payable for the three months ended in Mar. 2016 was $649 Mil. DTE Energy Co's cost of goods sold for the three months ended in Mar. 2016 was $1,341 Mil. Hence, DTE Energy Co's days payable for the three months ended in Mar. 2016 was 44.16.

DTE' s Days Payable Range Over the Past 10 Years
Min: 53.09   Max: 136.76
Current: 43.03

53.09
136.76

During the past 13 years, DTE Energy Co's highest Days Payable was 136.76. The lowest was 53.09. And the median was 84.03.

DTE's Days Payable is ranked lower than
68% of the 453 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 68.89 vs. DTE: 43.03 )

DTE Energy Co's days payable declined from Mar. 2015 (44.34) to Mar. 2016 (44.16). It may suggest that DTE Energy Co 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.

DTE Energy Co'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
=809/5562*365
=53.09

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=649/1341*365 / 4
=44.16

* 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.

DTE Energy Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 136.76122.1576.2084.6483.4180.7093.9186.5960.4153.09

DTE Energy Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 46.3540.0167.6571.1935.9244.3482.1472.3634.0344.16
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