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China Petroleum & Chemical Corp (NYSE:SNP)
Days Payable
39.06 (As of Jun. 2016)

China Petroleum & Chemical Corp's payable for the three months ended in Jun. 2016 was $21,294 Mil. China Petroleum & Chemical Corp's cost of goods sold for the three months ended in Jun. 2016 was $49,747 Mil. Hence, China Petroleum & Chemical Corp's days payable for the three months ended in Jun. 2016 was 39.06.

SNP' s Days Payable Range Over the Past 10 Years
Min: 21.21   Max: 44.07
Current: 38.28

21.21
44.07

During the past 13 years, China Petroleum & Chemical Corp's highest Days Payable was 44.07. The lowest was 21.21. And the median was 31.93.

SNP's Days Payable is ranked lower than
73% of the 44 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 81.87 vs. SNP: 38.28 )

China Petroleum & Chemical Corp's days payable increased from Jun. 2015 (33.46) to Jun. 2016 (39.06). It may suggest that China Petroleum & Chemical Corp 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.

China Petroleum & Chemical Corp'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
=29331.1896067/377209.546586*365
=28.38

China Petroleum & Chemical Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=21293.7837674/49747.1620227*365 / 4
=39.06

* 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.

China Petroleum & Chemical Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 22.3434.5621.2144.0733.3232.6533.9731.2028.3828.66

China Petroleum & Chemical Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 36.8134.2929.9027.4933.3233.4631.7730.5537.4339.06
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