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GuruFocus has detected 5 Warning Signs with Sunoco Logistics Partners LP $SXL.
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Sunoco Logistics Partners LP (NYSE:SXL)
Days Payable
59.34 (As of Dec. 2016)

Sunoco Logistics Partners LP's payable for the three months ended in Dec. 2016 was $1,750 Mil. Sunoco Logistics Partners LP's cost of goods sold for the three months ended in Dec. 2016 was $2,691 Mil. Hence, Sunoco Logistics Partners LP's days payable for the three months ended in Dec. 2016 was 59.34.

SXL' s Days Payable Range Over the Past 10 Years
Min: 29.57   Max: 91.12
Current: 80.35

29.57
91.12

During the past 13 years, Sunoco Logistics Partners LP's highest Days Payable was 91.12. The lowest was 29.57. And the median was 61.73.

SXL's Days Payable is ranked higher than
74% of the 80 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 44.51 vs. SXL: 80.35 )

Sunoco Logistics Partners LP's days payable increased from Dec. 2015 (54.02) to Dec. 2016 (59.34). It may suggest that Sunoco Logistics Partners 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.

Sunoco Logistics Partners LP's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1750/7950*365
=80.35

Sunoco Logistics Partners LP's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1750/2691*365 / 4
=59.34

* 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.

Sunoco Logistics Partners LP Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 65.7729.5791.1278.5075.8957.6857.3541.4049.0580.35

Sunoco Logistics Partners LP Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 56.8248.7964.2560.7359.6454.0286.6672.0074.1359.34
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