Switch to:
GuruFocus has detected 3 Warning Signs with Weatherford International PLC $WFT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Weatherford International PLC (NYSE:WFT)
Days Payable
61.83 (As of Dec. 2016)

Weatherford International PLC's payable for the three months ended in Dec. 2016 was $845 Mil. Weatherford International PLC's cost of goods sold for the three months ended in Dec. 2016 was $1,247 Mil. Hence, Weatherford International PLC's days payable for the three months ended in Dec. 2016 was 61.83.

WFT' s Days Payable Range Over the Past 10 Years
Min: 43.14   Max: 64.9
Current: 59.44

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 56.76.

WFT's Days Payable is ranked higher than
60% of the 142 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 44.02 vs. WFT: 59.44 )

Weatherford International PLC's days payable increased from Dec. 2015 (44.73) to Dec. 2016 (61.83). It may suggest that Weatherford International PLC 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.

Weatherford International PLC'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
=845/5189*365
=59.44

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=845/1247*365 / 4
=61.83

* 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

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 44.2251.8156.6064.2059.2564.9056.9155.2943.1459.44

Weatherford International PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 56.4354.4760.5849.9749.5644.7357.8258.2349.4161.83
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK