Switch to:
Noble Corp PLC (NYSE:NE)
Days Payable
48.81 (As of Mar. 2016)

Noble Corp PLC's payable for the three months ended in Mar. 2016 was $143 Mil. Noble Corp PLC's cost of goods sold for the three months ended in Mar. 2016 was $267 Mil. Hence, Noble Corp PLC's days payable for the three months ended in Mar. 2016 was 48.81.

NE' s Days Payable Range Over the Past 10 Years
Min: 59.32   Max: 108.64
Current: 42.49

59.32
108.64

During the past 13 years, Noble Corp PLC's highest Days Payable was 108.64. The lowest was 59.32. And the median was 65.83.

NE's Days Payable is ranked higher than
61% of the 51 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 33.15 vs. NE: 42.49 )

Noble Corp PLC's days payable declined from Mar. 2015 (65.80) to Mar. 2016 (48.81). It may suggest that Noble Corp PLC 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.

Noble Corp PLC'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
=223.221/1302.805*365
=62.54

Noble Corp PLC's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=142.955/267.254*365 / 4
=48.81

* 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.

Noble Corp PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 80.9864.1383.4165.01108.64107.7866.6559.3261.8262.54

Noble Corp PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 91.4978.8785.9361.2059.8665.8059.7261.0365.0448.81
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