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Enterprise Products Partners LP (NYSE:EPD)
Days Payable
14.14 (As of Sep. 2015)

Enterprise Products Partners LP's payable for the three months ended in Sep. 2015 was $845 Mil. Enterprise Products Partners LP's cost of goods sold for the three months ended in Sep. 2015 was $5,453 Mil. Hence, Enterprise Products Partners LP's days payable for the three months ended in Sep. 2015 was 14.14.

EPD' s Days Payable Range Over the Past 10 Years
Min: 4.41   Max: 9.14
Current: 13

4.41
9.14

During the past 13 years, Enterprise Products Partners LP's highest Days Payable was 9.14. The lowest was 4.41. And the median was 7.65.

EPD's Days Payable is ranked lower than
79% of the 77 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 33.95 vs. EPD: 13.00 )

Enterprise Products Partners LP's days payable increased from Sep. 2014 (5.82) to Sep. 2015 (14.14). 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=773.8/44220.5*365
=6.39

Enterprise Products Partners LP's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=844.9/5452.6*365 / 4
=14.14

* 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 7.927.974.417.468.078.707.095.976.390.00

Enterprise Products Partners LP Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 8.425.425.765.535.827.609.7211.3414.140.00
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