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Weatherford International PLC (NYSE:WFT)
Days Payable
57.82 (As of Mar. 2016)

Weatherford International PLC's payable for the three months ended in Mar. 2016 was $934 Mil. Weatherford International PLC's cost of goods sold for the three months ended in Mar. 2016 was $1,474 Mil. Hence, Weatherford International PLC's days payable for the three months ended in Mar. 2016 was 57.82.

WFT' s Days Payable Range Over the Past 10 Years
Min: 43.14   Max: 64.9
Current: 46.74

43.14
64.9

During the past 13 years, Weatherford International PLC's highest Days Payable was 64.90. The lowest was 43.14. And the median was 55.95.

WFT's Days Payable is ranked higher than
56% of the 169 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 40.60 vs. WFT: 46.74 )

Weatherford International PLC's days payable declined from Mar. 2015 (60.58) to Mar. 2016 (57.82). 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 Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=934/1474*365 / 4
=57.82

* 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.

Weatherford International PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 44.1344.2251.8156.6164.2659.3364.9056.9155.2943.14

Weatherford International PLC Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 55.8464.6758.7756.4354.4760.5849.9749.5644.7357.82
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