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GuruFocus has detected 7 Warning Signs with Energy Transfer Partners LP $ETP.
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Energy Transfer Partners LP (NYSE:ETP)
Days Payable
70.47 (As of Dec. 2016)

Energy Transfer Partners LP's payable for the three months ended in Dec. 2016 was $2,900 Mil. Energy Transfer Partners LP's cost of goods sold for the three months ended in Dec. 2016 was $3,755 Mil. Hence, Energy Transfer Partners LP's days payable for the three months ended in Dec. 2016 was 70.47.

ETP' s Days Payable Range Over the Past 10 Years
Min: 18.02   Max: 82.89
Current: 68.76

18.02
82.89

During the past 13 years, Energy Transfer Partners LP's highest Days Payable was 82.89. The lowest was 18.02. And the median was 30.89.

ETP's Days Payable is ranked higher than
70% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 44.11 vs. ETP: 68.76 )

Energy Transfer Partners LP's days payable increased from Dec. 2015 (68.57) to Dec. 2016 (70.47). It may suggest that Energy Transfer 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.

Energy Transfer 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
=2900/15394*365
=68.76

Energy Transfer 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
=2900/3755*365 / 4
=70.47

* 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.

Energy Transfer Partners LP Annual Data

Aug07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 36.4118.0238.1825.7231.8582.8929.9225.2425.1068.76

Energy Transfer Partners LP Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 28.8229.8725.5327.4538.3268.5756.3657.2953.0170.47
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