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Golar LNG Ltd (NAS:GLNG)
Days Payable
194.65 (As of Dec. 2015)

Golar LNG Ltd's payable for the three months ended in Dec. 2015 was $53.3 Mil. Golar LNG Ltd's cost of goods sold for the three months ended in Dec. 2015 was $25.0 Mil. Hence, Golar LNG Ltd's days payable for the three months ended in Dec. 2015 was 194.65.

GLNG' s Days Payable Range Over the Past 10 Years
Min: 34.81   Max: 155.1
Current: 155.15

34.81
155.1

During the past 13 years, Golar LNG Ltd's highest Days Payable was 155.10. The lowest was 34.81. And the median was 74.97.

GLNG's Days Payable is ranked higher than
66% of the 539 Companies
in the Global Shipping & Ports industry.

( Industry Median: 35.16 vs. GLNG: 155.15 )

Golar LNG Ltd's days payable increased from Dec. 2014 (0.00) to Dec. 2015 (194.65). It may suggest that Golar LNG Ltd 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.

Golar LNG Ltd'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
=53.281/125.389*365
=155.10

Golar LNG Ltd's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=53.281/24.978*365 / 4
=194.65

* 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.

Golar LNG Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 48.6634.8182.4385.7369.85122.4838.5880.0951.31155.10

Golar LNG Ltd Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.0065.160.000.000.000.0027.9533.3664.52194.65
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