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Rose Rock Midstream LP (NYSE:RRMS)
Days Payable
190.92 (As of Jun. 2016)

Rose Rock Midstream LP's payable for the three months ended in Jun. 2016 was $310.7 Mil. Rose Rock Midstream LP's cost of goods sold for the three months ended in Jun. 2016 was $148.5 Mil. Hence, Rose Rock Midstream LP's days payable for the three months ended in Jun. 2016 was 190.92.

Rose Rock Midstream LP's days payable increased from Jun. 2015 (111.87) to Jun. 2016 (190.92). 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. 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 Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=310.685/148.489*365 / 4
=190.92

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Rose Rock Midstream LP Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.0019.24111.92119.08141.32110.2063.66117.76

Rose Rock Midstream LP Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 90.1868.4472.3361.64139.53111.8795.9298.07102.39190.92
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