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ONEOK Partners LP (NYSE:OKS)
Days Payable
34.85 (As of Mar. 2016)

ONEOK Partners LP's payable for the three months ended in Mar. 2016 was $513 Mil. ONEOK Partners LP's cost of goods sold for the three months ended in Mar. 2016 was $1,344 Mil. Hence, ONEOK Partners LP's days payable for the three months ended in Mar. 2016 was 34.85.

OKS' s Days Payable Range Over the Past 10 Years
Min: 27.56   Max: 54.94
Current: 29.98

27.56
54.94

During the past 13 years, ONEOK Partners LP's highest Days Payable was 54.94. The lowest was 27.56. And the median was 40.31.

OKS's Days Payable is ranked lower than
68% of the 84 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 41.28 vs. OKS: 29.98 )

ONEOK Partners LP's days payable declined from Mar. 2015 (43.43) to Mar. 2016 (34.85). It may suggest that ONEOK 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.

ONEOK Partners LP'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
=605.431/6250.175*365
=35.36

ONEOK Partners LP's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=513.453/1344.478*365 / 4
=34.85

* 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.

ONEOK Partners LP Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 34.1154.9427.5647.3241.3139.3045.2244.8331.6535.36

ONEOK Partners LP Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 32.9939.2344.7242.9627.7143.4339.1241.1028.4434.85
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