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Marathon Oil Corp (NYSE:MRO)
Days Payable
210.55 (As of Dec. 2014)

Marathon Oil Corp's payable for the three months ended in Dec. 2014 was $2,545 Mil. Marathon Oil Corp's cost of goods sold for the three months ended in Dec. 2014 was $1,103 Mil. Hence, Marathon Oil Corp's days payable for the three months ended in Dec. 2014 was 210.55.

Marathon Oil Corp's days payable increased from Dec. 2013 (179.25) to Dec. 2014 (210.55). It may suggest that Marathon Oil Corp 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.

Marathon Oil Corp'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
=2545/4813*365
=193.00

Marathon Oil Corp's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2545/1103*365 / 4
=210.55

* 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.

Marathon Oil Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 38.6044.5655.6726.2755.66588.95105.07157.93174.25193.00

Marathon Oil Corp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
DaysPayable 158.77170.88188.78175.96166.58179.25171.55174.28177.96210.55
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