Western Midstream Partners LP (Western Midstream Partners LP) Days Payable

: 167.41 (As of Dec. 2023)

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Western Midstream Partners LP's average Accounts Payable for the three months ended in Dec. 2023 was $378 Mil. Western Midstream Partners LP's Cost of Goods Sold for the three months ended in Dec. 2023 was $206 Mil. Hence, Western Midstream Partners LP's Days Payable for the three months ended in Dec. 2023 was 167.41.

The historical rank and industry rank for Western Midstream Partners LP's Days Payable or its related term are showing as below:

WES' s Days Payable Range Over the Past 10 Years
Min: 25.55 Med: 118.5 Max: 179.89
Current: 175.34

During the past 13 years, Western Midstream Partners LP's highest Days Payable was 179.89. The lowest was 25.55. And the median was 118.50.

WES's Days Payable is ranked better than
79.78% of 900 companies
in the Oil & Gas industry
Industry Median: 59.865 vs WES: 175.34

Western Midstream Partners LP's Days Payable increased from Dec. 2022 (159.19) to Dec. 2023 (167.41). It may suggest that Western Midstream Partners LP delayed paying its suppliers.

Western Midstream Partners LP Days Payable Historical Data

The historical data trend for Western Midstream Partners LP's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Midstream Partners LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

144.91

135.38

112.09

124.90

172.42

Western Midstream Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																159.19	168.22	174.92	196.28	167.41

Competitive Comparison

For the Oil & Gas Midstream subindustry, Western Midstream Partners LP's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Western Midstream Partners LP Days Payable Distribution

For the Oil & Gas industry and Energy sector, Western Midstream Partners LP's Days Payable distribution charts can be found below:

* The bar in red indicates where Western Midstream Partners LP's Days Payable falls into.

Western Midstream Partners LP Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Western Midstream Partners LP's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (360.562	+	362.451)	/	2 )	/	765.266	*	365
=	361.5065					/	765.266	*	365
=	172.42

Western Midstream Partners LP's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (393.358	+	362.451)	/	2 )	/	205.99	*	365 / 4
=	377.9045					/	205.99	*	365 / 4
=	167.41

Western Midstream Partners LP Days Payable Related Terms

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Western Midstream Partners LP (Western Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Western Midstream Partners LP (NYSE:WES) » Definitions » Days Payable

Comparable Companies

PAA AM ENLC DTM FRO ETRN PAGP STNG CEQP HEP TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

N/A

Address

9950 Woodloch Forest Drive, Suite 2800, The Woodlands, TX, USA, 77380

Website

http://www.westernmidstream.com

Western Midstream Partners LP is a US-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.

Executives

Kerr Mcgee Corp /de	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Occidental Petroleum Corp /de/	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Alejandro O Nebreda	officer: SVP, Business Services	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Michael S. Forsyth	officer: SVP, North Operations	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Daniel P. Holderman	officer: SVP Co-Chief Operating Officer	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Robert W. Bourne	officer: SVP & Chief Commercial Officer	1400 16TH STREET, SUITE 310, DENVER CO 80202
Kristen S. Shults	officer: SVP & Chief Financial Officer	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Frederick A. Forthuber	director	9950 WOODLOCH FOREST DR, SUITE 2800, THE WOODLANDS TX 77380
Anadarko Ush1 Corp	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Anadarko Holding Co	10 percent owner	5 GREENWAY PLAZA, SUITE 110, HOUSTON TX 77046
Christopher B. Dial	officer: SVP, GC and Secretary	2103 CITYWEST BLVD., BUILDING 4, SUITE 800, HOUSTON TX 77042
Charles G. Griffie	officer: SVP, Ops and Engineering	1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Catherine A. Green	officer: VP & Chief Accounting Officer	1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
Lisa A Stewart	director	EL PASO CORPORATION, 1001 LOUISIANA STREET, HOUSTON TX 77002
Craig W Collins	officer: SVP & Chief Operating Officer	15021 KATY FREEWAY, SUITE 400, HOUSTON TX 77094