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SandRidge Energy Inc (NYSE:SD)
Days Payable
25.47 (As of Dec. 2013)

SandRidge Energy Inc's payable for the three months ended in Dec. 2013 was $130 Mil. SandRidge Energy Inc's revenue for the three months ended in Dec. 2013 was $465 Mil. Hence, SandRidge Energy Inc's days payable for the three months ended in Dec. 2013 was 25.47.

SandRidge Energy Inc's days payable increased from Dec. 2012 (6.68) to Dec. 2013 (25.47). It may suggest that SandRidge Energy Inc 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.

SandRidge Energy Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=130.18/1983.388*365
=23.96

SandRidge Energy Inc's Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=130.18/465.108*91
=25.47

* 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.

SandRidge Energy Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.00121.18123.75116.3293.4083.12107.8815.4413.1323.96

SandRidge Energy Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 0.0014.580.000.000.006.680.009.770.0025.47
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