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Marathon Oil Corp (NYSE:MRO)
Days Payable
623.87 (As of Sep. 2016)

Marathon Oil Corp's payable for the six months ended in Sep. 2016 was $964 Mil. Marathon Oil Corp's cost of goods sold for the six months ended in Sep. 2016 was $564 Mil. Hence, Marathon Oil Corp's days payable for the six months ended in Sep. 2016 was 311.93.

MRO' s Days Payable Range Over the Past 10 Years
Min: 26.08   Max: 588.95
Current: 157.01

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
77% of the 237 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 69.33 vs. MRO: 157.01 )

Marathon Oil Corp's days payable declined from Mar. 2016 (799.31) to Sep. 2016 (623.87). 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 Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=964/564*365 / 2
=311.93

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Marathon Oil Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 44.5655.6726.0855.29588.95106.61163.85174.25193.00177.43

Marathon Oil Corp Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 697.13711.84842.18895.12771.47780.09738.44799.31652.62623.87
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