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Transocean Ltd (NYSE:RIG)
Days Payable
44.80 (As of Sep. 2015)

Transocean Ltd's payable for the three months ended in Sep. 2015 was $432 Mil. Transocean Ltd's cost of goods sold for the three months ended in Sep. 2015 was $880 Mil. Hence, Transocean Ltd's days payable for the three months ended in Sep. 2015 was 44.80.

RIG' s Days Payable Range Over the Past 10 Years
Min: 51.98   Max: 105.65
Current: 72.97

51.98
105.65

During the past 13 years, Transocean Ltd's highest Days Payable was 105.65. The lowest was 51.98. And the median was 62.45.

RIG's Days Payable is ranked higher than
63% of the 41 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 49.68 vs. RIG: 72.97 )

Transocean Ltd's days payable declined from Sep. 2014 (61.76) to Sep. 2015 (44.80). It may suggest that Transocean Ltd 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.

Transocean Ltd's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=784/5110*365
=56.00

Transocean Ltd's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=432/880*365 / 4
=44.80

* 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.

Transocean Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 53.8780.79105.6562.3055.3973.2851.9862.5972.5756.00

Transocean Ltd Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 61.9363.3469.0866.9557.4761.7654.6152.11270.9744.80
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