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

Marathon Oil Corp's payable for the three months ended in Mar. 2016 was $1,084 Mil. Marathon Oil Corp's cost of goods sold for the three months ended in Mar. 2016 was $495 Mil. Hence, Marathon Oil Corp's days payable for the three months ended in Mar. 2016 was 199.83.

MRO' s Days Payable Range Over the Past 10 Years
Min: 28.41   Max: 193
Current: 162.16

28.41
193

During the past 13 years, Marathon Oil Corp's highest Days Payable was 193.00. The lowest was 28.41. And the median was 75.37.

MRO's Days Payable is ranked higher than
73% of the 256 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 74.08 vs. MRO: 162.16 )

Marathon Oil Corp's days payable declined from Mar. 2015 (223.78) to Mar. 2016 (199.83). 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 Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1084/495*365 / 4
=199.83

* 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 40.1055.1628.4155.0746.3095.57155.16166.29193.00177.43

Marathon Oil Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 179.25183.11174.28177.96210.55223.78192.87195.02184.61199.83
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