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Valero Energy Corp (NYSE:VLO)
Days Payable
30.70 (As of Jun. 2016)

Valero Energy Corp's payable for the three months ended in Jun. 2016 was $5,943 Mil. Valero Energy Corp's cost of goods sold for the three months ended in Jun. 2016 was $17,667 Mil. Hence, Valero Energy Corp's days payable for the three months ended in Jun. 2016 was 30.70.

VLO' s Days Payable Range Over the Past 10 Years
Min: 14.9   Max: 40.89
Current: 31.38

14.9
40.89

During the past 13 years, Valero Energy Corp's highest Days Payable was 40.89. The lowest was 14.90. And the median was 28.15.

VLO's Days Payable is ranked higher than
54% of the 102 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 27.89 vs. VLO: 31.38 )

Valero Energy Corp's days payable increased from Jun. 2015 (29.75) to Jun. 2016 (30.70). It may suggest that Valero Energy 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.

Valero Energy Corp'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
=4907/78894*365
=22.70

Valero Energy 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
=5943/17667*365 / 4
=30.70

* 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.

Valero Energy Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 32.2340.8914.9034.0929.9828.7626.0427.5420.1422.70

Valero Energy Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 27.6625.6828.2324.2628.4929.7526.2025.6931.9030.70
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