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Penn Virginia Corp's accounts payable for the three months ended in Sep. 2014 was $105.9 Mil. Penn Virginia Corp's cost of goods sold for the three months ended in Sep. 2014 was $20.2 Mil. Hence, Penn Virginia Corp's days accounts payable for the three months ended in Sep. 2014 was 478.59.
Penn Virginia Corp's days accounts payable declined from Sep. 2013 (634.04) to Sep. 2014 (478.59). It may suggest that Penn Virginia 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.
Penn Virginia Corp's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Penn Virginia Corp's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Penn Virginia Corp Annual Data
|Days Accts Payable||67.91||69.06||135.63||170.35||0.00||0.00||0.00||167.36||0.00||908.93|
Penn Virginia Corp Quarterly Data
|Days Accts Payable||252.21||197.16||0.00||0.00||0.00||634.04||794.68||513.67||646.38||478.59|