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Rose Rock Midstream LP (NYSE:RRMS)
Days Payable
95.92 (As of Sep. 2015)

Rose Rock Midstream LP's payable for the three months ended in Sep. 2015 was $225.3 Mil. Rose Rock Midstream LP's cost of goods sold for the three months ended in Sep. 2015 was $214.3 Mil. Hence, Rose Rock Midstream LP's days payable for the three months ended in Sep. 2015 was 95.92.

RRMS' s Days Payable Range Over the Past 10 Years
Min: 19.24   Max: 141.32
Current: 97.93

19.24
141.32

During the past 6 years, Rose Rock Midstream LP's highest Days Payable was 141.32. The lowest was 19.24. And the median was 111.09.

RRMS's Days Payable is ranked higher than
77% of the 43 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 67.84 vs. RRMS: 97.93 )

Rose Rock Midstream LP's days payable increased from Sep. 2014 (72.33) to Sep. 2015 (95.92). It may suggest that Rose Rock Midstream 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.

Rose Rock Midstream LP'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
=210.92/1210.154*365
=63.62

Rose Rock Midstream LP's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=225.295/214.325*365 / 4
=95.92

* 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

Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.000.000.0019.24111.92119.08141.32110.2563.62

Rose Rock Midstream LP Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 131.85129.6682.9090.1868.4472.3361.80139.35111.8895.92
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