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Newfield Exploration Co's accounts payable for the three months ended in Sep. 2014 was $65 Mil. Newfield Exploration Co's cost of goods sold for the three months ended in Sep. 2014 was $31 Mil. Hence, Newfield Exploration Co's days accounts payable for the three months ended in Sep. 2014 was 191.33.
Newfield Exploration Co's days accounts payable increased from Sep. 2013 (0.00) to Sep. 2014 (191.33). It may suggest that Newfield Exploration Co delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Newfield Exploration Co's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Newfield Exploration Co's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Newfield Exploration Co Annual Data
|Days Accts Payable||0.00||0.00||0.00||0.00||0.00||0.00||0.00||0.00||0.00||57.79|
Newfield Exploration Co Quarterly Data
|Days Accts Payable||0.00||0.00||0.00||0.00||0.00||0.00||14.45||0.00||31.44||191.33|