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Pengrowth Energy Corp (NYSE:PGH)
Days Payable
161.93 (As of Jun. 2015)

Pengrowth Energy Corp's payable for the three months ended in Jun. 2015 was $211 Mil. Pengrowth Energy Corp's cost of goods sold for the three months ended in Jun. 2015 was $119 Mil. Hence, Pengrowth Energy Corp's days payable for the three months ended in Jun. 2015 was 161.93.

Pengrowth Energy Corp's days payable declined from Jun. 2014 (162.00) to Jun. 2015 (161.93). It may suggest that Pengrowth Energy Corp 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.

Pengrowth Energy Corp's Days Payable for the fiscal year that ended in Mar. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/704.140414041*365
=0.00

Pengrowth Energy Corp's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=211.403154064/119.126566923*365 / 4
=161.93

* 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.

Pengrowth Energy Corp Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
DaysPayable 0.000.000.000.000.000.000.000.000.000.00

Pengrowth Energy Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
DaysPayable 154.17141.53140.81179.25199.02162.00165.86208.56207.16161.93
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