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Enterprise Products Partners LP (NYSE:EPD)
Days Payable
11.40 (As of Jun. 2016)

Enterprise Products Partners LP's payable for the three months ended in Jun. 2016 was $603 Mil. Enterprise Products Partners LP's cost of goods sold for the three months ended in Jun. 2016 was $4,822 Mil. Hence, Enterprise Products Partners LP's days payable for the three months ended in Jun. 2016 was 11.40.

EPD' s Days Payable Range Over the Past 10 Years
Min: 4.41   Max: 13.26
Current: 11.19

4.41
13.26

During the past 13 years, Enterprise Products Partners LP's highest Days Payable was 13.26. The lowest was 4.41. And the median was 7.69.

EPD's Days Payable is ranked lower than
91% of the 82 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 45.26 vs. EPD: 11.19 )

Enterprise Products Partners LP's days payable increased from Jun. 2015 (11.34) to Jun. 2016 (11.40). It may suggest that Enterprise Products 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.

Enterprise Products 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
=860.1/23668.7*365
=13.26

Enterprise Products Partners LP's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=602.6/4822.2*365 / 4
=11.40

* 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.

Enterprise Products Partners LP Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 7.927.974.417.468.078.707.095.976.3913.26

Enterprise Products Partners LP Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 5.765.535.827.609.7211.3414.1414.9716.3611.40
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