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Santa Fe Petroleum Inc (OTCPK:SFPI)
Days Payable
19,162.50 (As of Dec. 2012)

Santa Fe Petroleum Inc's payable for the six months ended in Dec. 2012 was $0.42 Mil. Santa Fe Petroleum Inc's cost of goods sold for the six months ended in Dec. 2012 was $0.01 Mil. Hence, Santa Fe Petroleum Inc's days payable for the six months ended in Dec. 2012 was 9,581.25.

Santa Fe Petroleum Inc's days payable increased from Dec. 2010 (0.00) to Dec. 2012 (19,162.50). It may suggest that Santa Fe Petroleum 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.

Santa Fe Petroleum Inc's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.42/0.008*365
=19,162.50

Santa Fe Petroleum Inc's Days Payable for the quarter that ended in Dec. 2012 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0.42/0.008*365 / 2
=9,581.25

* 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.

Santa Fe Petroleum Inc Annual Data

Dec10Dec11Dec12
DaysPayable 0.000.000.000.000.000.000.000.000.0019,162.50

Santa Fe Petroleum Inc Semi-Annual Data

Dec10Dec11Dec12
DaysPayable 0.000.000.000.000.000.000.000.000.0019,162.50
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