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Enbridge Energy Partners LP (NYSE:EEP)
Days Payable
127.26 (As of Dec. 2015)

Enbridge Energy Partners LP's payable for the three months ended in Dec. 2015 was $655 Mil. Enbridge Energy Partners LP's cost of goods sold for the three months ended in Dec. 2015 was $470 Mil. Hence, Enbridge Energy Partners LP's days payable for the three months ended in Dec. 2015 was 127.26.

EEP' s Days Payable Range Over the Past 10 Years
Min: 9.57   Max: 90.7
Current: 90.7

9.57
90.7

During the past 13 years, Enbridge Energy Partners LP's highest Days Payable was 90.70. The lowest was 9.57. And the median was 23.84.

EEP's Days Payable is ranked higher than
72% of the 85 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 40.41 vs. EEP: 90.70 )

Enbridge Energy Partners LP's days payable increased from Dec. 2014 (57.90) to Dec. 2015 (127.26). It may suggest that Enbridge Energy Partners LP 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.

Enbridge Energy Partners LP'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
=654.9/2635.5*365
=90.70

Enbridge Energy Partners LP's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=654.9/469.6*365 / 4
=127.26

* 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.

Enbridge Energy Partners LP Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 13.7322.969.5716.7715.7324.7150.9555.8751.9090.70

Enbridge Energy Partners LP Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.0049.4846.8447.9742.8157.9092.8096.58138.47127.26
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