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Occidental Petroleum Corp's accounts payable for the three months ended in Sep. 2014 was $5,511 Mil. Occidental Petroleum Corp's cost of goods sold for the three months ended in Sep. 2014 was $3,385 Mil. Hence, Occidental Petroleum Corp's days accounts payable for the three months ended in Sep. 2014 was 148.56.
Occidental Petroleum Corp's days accounts payable declined from Sep. 2013 (161.01) to Sep. 2014 (148.56). It may suggest that Occidental Petroleum Corp accelerated 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.
Occidental Petroleum Corp's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Occidental Petroleum Corp's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Occidental Petroleum Corp Annual Data
|Days Accts Payable||120.20||128.63||125.55||220.74||155.70||230.10||277.45||262.15||219.07||266.44|
Occidental Petroleum Corp Quarterly Data
|Days Accts Payable||162.61||158.14||0.00||142.21||151.34||161.01||0.00||154.74||168.74||148.56|