Switch to:
GuruFocus has detected 5 Warning Signs with Enterprise Products Partners LP $EPD.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Enterprise Products Partners LP (NYSE:EPD)
Days Payable
6.47 (As of Dec. 2016)

Enterprise Products Partners LP's payable for the three months ended in Dec. 2016 was $398 Mil. Enterprise Products Partners LP's cost of goods sold for the three months ended in Dec. 2016 was $5,609 Mil. Hence, Enterprise Products Partners LP's days payable for the three months ended in Dec. 2016 was 6.47.

EPD' s Days Payable Range Over the Past 10 Years
Min: 4.41   Max: 13.26
Current: 7.39

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 7.43.

EPD's Days Payable is ranked lower than
91% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 44.11 vs. EPD: 7.39 )

Enterprise Products Partners LP's days payable declined from Dec. 2015 (14.97) to Dec. 2016 (6.47). It may suggest that Enterprise Products Partners LP 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.

Enterprise Products Partners LP's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=397.7/19643.5*365
=7.39

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=397.7/5608.7*365 / 4
=6.47

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Enterprise Products Partners LP Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 7.974.417.468.078.707.095.976.3913.267.39

Enterprise Products Partners LP Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 5.827.609.7211.3414.1414.9716.3611.408.176.47
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK