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Weatherford International PLC (NYSE:WFT)
Days Payable
49.41 (As of Sep. 2016)

Weatherford International PLC's payable for the three months ended in Sep. 2016 was $666 Mil. Weatherford International PLC's cost of goods sold for the three months ended in Sep. 2016 was $1,230 Mil. Hence, Weatherford International PLC's days payable for the three months ended in Sep. 2016 was 49.41.

WFT' s Days Payable Range Over the Past 10 Years
Min: 41.37   Max: 64.9
Current: 41.37

41.37
64.9

During the past 13 years, Weatherford International PLC's highest Days Payable was 64.90. The lowest was 41.37. And the median was 55.95.

WFT's Days Payable is ranked lower than
55% of the 146 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 47.18 vs. WFT: 41.37 )

Weatherford International PLC's days payable declined from Sep. 2015 (49.56) to Sep. 2016 (49.41). It may suggest that Weatherford International PLC accelerated 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.

Weatherford International PLC'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
=948/8021*365
=43.14

Weatherford International PLC's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=666/1230*365 / 4
=49.41

* 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.

Weatherford International PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 44.1844.2251.8156.6064.2059.2564.9056.9155.2943.14

Weatherford International PLC Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 58.7756.4354.4760.5849.9749.5644.7357.8258.2349.41
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