Switch to:
Mid-Con Energy Partners LP (NAS:MCEP)
Days Payable
34.55 (As of Dec. 2014)

Mid-Con Energy Partners LP's payable for the three months ended in Dec. 2014 was $3.6 Mil. Mid-Con Energy Partners LP's cost of goods sold for the three months ended in Dec. 2014 was $9.6 Mil. Hence, Mid-Con Energy Partners LP's days payable for the three months ended in Dec. 2014 was 34.55.

Mid-Con Energy Partners LP's days payable declined from Dec. 2013 (35.25) to Dec. 2014 (34.55). It may suggest that Mid-Con Energy 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.

Mid-Con Energy 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
=3.63/32.416*365
=40.87

Mid-Con Energy Partners LP's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=3.63/9.586*365 / 4
=34.55

* 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.

Mid-Con Energy Partners LP Annual Data

Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.000.000.000.00119.92149.4661.2839.5040.87

Mid-Con Energy Partners LP Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
DaysPayable 167.3646.48148.2826.2824.8235.2548.7333.7427.2034.55
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