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Plains All American Pipeline LP (NYSE:PAA)
Days Payable
49.50 (As of Mar. 2016)

Plains All American Pipeline LP's payable for the three months ended in Mar. 2016 was $1,979 Mil. Plains All American Pipeline LP's cost of goods sold for the three months ended in Mar. 2016 was $3,648 Mil. Hence, Plains All American Pipeline LP's days payable for the three months ended in Mar. 2016 was 49.50.

PAA' s Days Payable Range Over the Past 10 Years
Min: 18.9   Max: 48.44
Current: 37.16

18.9
48.44

During the past 13 years, Plains All American Pipeline LP's highest Days Payable was 48.44. The lowest was 18.90. And the median was 39.87.

PAA's Days Payable is ranked lower than
54% of the 85 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 41.28 vs. PAA: 37.16 )

Plains All American Pipeline LP's days payable increased from Mar. 2015 (42.19) to Mar. 2016 (49.50). It may suggest that Plains All American Pipeline LP 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.

Plains All American Pipeline 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
=0/21180*365
=0.00

Plains All American Pipeline 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
=1979/3648*365 / 4
=49.50

* 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.

Plains All American Pipeline LP Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 30.8448.1618.9048.4440.6140.5039.2436.540.000.00

Plains All American Pipeline LP Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 36.1935.9336.8936.070.0042.190.000.000.0049.50
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