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Rose Rock Midstream LP (NYSE:RRMS)
Days Payable
102.39 (As of Mar. 2016)

Rose Rock Midstream LP's payable for the three months ended in Mar. 2016 was $193.9 Mil. Rose Rock Midstream LP's cost of goods sold for the three months ended in Mar. 2016 was $172.8 Mil. Hence, Rose Rock Midstream LP's days payable for the three months ended in Mar. 2016 was 102.39.

RRMS' s Days Payable Range Over the Past 10 Years
Min: 19.24   Max: 141.32
Current: 87.31

19.24
141.32

During the past 7 years, Rose Rock Midstream LP's highest Days Payable was 141.32. The lowest was 19.24. And the median was 111.92.

RRMS's Days Payable is ranked higher than
67% of the 54 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 63.64 vs. RRMS: 87.31 )

Rose Rock Midstream LP's days payable declined from Mar. 2015 (139.53) to Mar. 2016 (102.39). It may suggest that Rose Rock Midstream LP 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.

Rose Rock Midstream 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
=243.548/754.903*365
=117.76

Rose Rock Midstream 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
=193.885/172.798*365 / 4
=102.39

* 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.

Rose Rock Midstream LP Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.0019.24111.92119.08141.32110.2563.73117.76

Rose Rock Midstream LP Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 82.7990.1868.4472.3361.64139.53111.8895.9298.07102.39
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