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Marathon Oil Corp (NYSE:MRO)
Days Payable
195.02 (As of Sep. 2015)

Marathon Oil Corp's payable for the three months ended in Sep. 2015 was $1,246 Mil. Marathon Oil Corp's cost of goods sold for the three months ended in Sep. 2015 was $583 Mil. Hence, Marathon Oil Corp's days payable for the three months ended in Sep. 2015 was 195.02.

MRO' s Days Payable Range Over the Past 10 Years
Min: 26.08   Max: 193
Current: 144.15

26.08
193

During the past 13 years, Marathon Oil Corp's highest Days Payable was 193.00. The lowest was 26.08. And the median was 55.37.

MRO's Days Payable is ranked higher than
67% of the 243 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 97.04 vs. MRO: 144.15 )

Marathon Oil Corp's days payable increased from Sep. 2014 (177.96) to Sep. 2015 (195.02). 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 Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1246/583*365 / 4
=195.02

* 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 38.6044.5655.6726.0855.29588.95105.07157.93174.25193.00

Marathon Oil Corp Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 175.96166.58179.25183.11174.28177.96210.55223.78192.87195.02
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