Switch to:
Marathon Oil Corp (NYSE:MRO)
Days Payable
163.15 (As of Jun. 2016)

Marathon Oil Corp's payable for the three months ended in Jun. 2016 was $953 Mil. Marathon Oil Corp's cost of goods sold for the three months ended in Jun. 2016 was $533 Mil. Hence, Marathon Oil Corp's days payable for the three months ended in Jun. 2016 was 163.15.

MRO' s Days Payable Range Over the Past 10 Years
Min: 26.08   Max: 588.95
Current: 153.91

26.08
588.95

During the past 13 years, Marathon Oil Corp's highest Days Payable was 588.95. The lowest was 26.08. And the median was 135.23.

MRO's Days Payable is ranked higher than
72% of the 242 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 69.97 vs. MRO: 153.91 )

Marathon Oil Corp's days payable declined from Jun. 2015 (192.87) to Jun. 2016 (163.15). It may suggest that Marathon Oil Corp 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.

Marathon Oil Corp'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
=1313/2701*365
=177.43

Marathon Oil Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=953/533*365 / 4
=163.15

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 44.5655.6726.0855.29588.95106.61163.85174.25193.00177.43

Marathon Oil Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 183.11174.28177.96210.55223.78192.87195.02184.61199.83163.15
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