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Murphy Oil Corp (NYSE:MUR)
Days Payable
1,038.13 (As of Dec. 2015)

Murphy Oil Corp's payable for the three months ended in Dec. 2015 was $1,530 Mil. Murphy Oil Corp's cost of goods sold for the three months ended in Dec. 2015 was $134 Mil. Hence, Murphy Oil Corp's days payable for the three months ended in Dec. 2015 was 1,038.13.

MUR' s Days Payable Range Over the Past 10 Years
Min: 18.1   Max: 670.9
Current: 688.09

18.1
670.9

During the past 13 years, Murphy Oil Corp's highest Days Payable was 670.90. The lowest was 18.10. And the median was 40.62.

MUR's Days Payable is ranked higher than
97% of the 253 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 83.92 vs. MUR: 688.09 )

Murphy Oil Corp's days payable declined from Dec. 2014 (1,079.04) to Dec. 2015 (1,038.13). It may suggest that Murphy 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.

Murphy 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
=1529.848/832.306*365
=670.90

Murphy Oil Corp's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1529.848/134.471*365 / 4
=1,038.13

* 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.

Murphy Oil Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 29.3944.2418.1035.3340.6229.0941.630.00518.04670.90

Murphy Oil Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.000.000.000.000.001,079.040.000.000.001,038.13
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