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Newfield Exploration Co (NYSE:NFX)
Days Payable
126.74 (As of Sep. 2016)

Newfield Exploration Co's payable for the three months ended in Sep. 2016 was $200 Mil. Newfield Exploration Co's cost of goods sold for the three months ended in Sep. 2016 was $144 Mil. Hence, Newfield Exploration Co's days payable for the three months ended in Sep. 2016 was 126.74.

NFX' s Days Payable Range Over the Past 10 Years
Min: 27.56   Max: 168.86
Current: 124.15

27.56
168.86

During the past 13 years, Newfield Exploration Co's highest Days Payable was 168.86. The lowest was 27.56. And the median was 57.79.

NFX's Days Payable is ranked higher than
68% of the 237 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 69.33 vs. NFX: 124.15 )

Newfield Exploration Co's days payable increased from Sep. 2015 (41.60) to Sep. 2016 (126.74). It may suggest that Newfield Exploration Co 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.

Newfield Exploration Co'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
=205/543*365
=137.80

Newfield Exploration Co's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=200/144*365 / 4
=126.74

* 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.

Newfield Exploration Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.000.000.00176.5060.98186.9719.60137.80

Newfield Exploration Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 39.7847.4512.0241.3059.1241.60146.14129.38146.39126.74
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