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Exxon Mobil Corporation (NYSE:XOM)
Days Payable
42.01 (As of Dec. 2014)

Exxon Mobil Corporation's payable for the three months ended in Dec. 2014 was $25,286 Mil. Exxon Mobil Corporation's cost of goods sold for the three months ended in Dec. 2014 was $54,923 Mil. Hence, Exxon Mobil Corporation's days payable for the three months ended in Dec. 2014 was 42.01.

Exxon Mobil Corporation's days payable increased from Dec. 2013 (39.33) to Dec. 2014 (42.01). It may suggest that Exxon Mobil Corporation 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.

Exxon Mobil Corporation's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=25286/266831*365
=34.59

Exxon Mobil Corporation's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=25286/54923*365 / 4
=42.01

* 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.

Exxon Mobil Corporation Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 61.9042.9371.420.000.0048.0640.4140.6139.6434.59

Exxon Mobil Corporation Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
DaysPayable 0.0063.050.000.000.0039.330.000.000.0042.01
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