Switch to:
NGL Energy Partners LP (NYSE:NGL)
Days Payable
19.17 (As of Dec. 2015)

NGL Energy Partners LP's payable for the three months ended in Dec. 2015 was $511 Mil. NGL Energy Partners LP's cost of goods sold for the three months ended in Dec. 2015 was $2,434 Mil. Hence, NGL Energy Partners LP's days payable for the three months ended in Dec. 2015 was 19.17.

NGL' s Days Payable Range Over the Past 10 Years
Min: 16.02   Max: 48.44
Current: 15.96

16.02
48.44

During the past 7 years, NGL Energy Partners LP's highest Days Payable was 48.44. The lowest was 16.02. And the median was 21.73.

NGL's Days Payable is ranked lower than
74% of the 115 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 30.56 vs. NGL: 15.96 )

NGL Energy Partners LP's days payable declined from Dec. 2014 (32.48) to Dec. 2015 (19.17). It may suggest that NGL Energy Partners LP 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.

NGL Energy Partners LP's Days Payable for the fiscal year that ended in Mar. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=833.38/15958.207*365
=19.06

NGL Energy Partners LP's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=511.309/2433.5*365 / 4
=19.17

* 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.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar11Mar12Mar13Mar14Mar15
DaysPayable 0.000.000.0016.0217.170.0024.4048.4428.7519.06

NGL Energy Partners LP Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 37.0240.8317.4320.9223.7032.4825.9320.7417.2619.17
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)

GuruFocus Premium Plus Membership

FEEDBACK