Titan Energy LLC (Titan Energy LLC) Days Payable : 115.35 (As of Sep. 2017)

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What is Titan Energy LLC Days Payable?

Titan Energy LLC's average Accounts Payable for the three months ended in Sep. 2017 was $27.7 Mil. Titan Energy LLC's Cost of Goods Sold for the three months ended in Sep. 2017 was $21.9 Mil. Hence, Titan Energy LLC's Days Payable for the three months ended in Sep. 2017 was 115.35.

The historical rank and industry rank for Titan Energy LLC's Days Payable or its related term are showing as below:

TTEN's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 61.13
* Ranked among companies with meaningful Days Payable only.

Titan Energy LLC's Days Payable increased from Sep. 2016 (0.00) to Sep. 2017 (115.35). It may suggest that Titan Energy LLC delayed paying its suppliers.

Titan Energy LLC Days Payable Historical Data

The historical data trend for Titan Energy LLC'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.

Titan Energy LLC Days Payable Chart

Titan Energy LLC Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Payable

Get a 7-Day Free Trial

103.68

85.97

55.04

70.91

Titan Energy LLC Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Days Payable	Get a 7-Day Free Trial															-	-	72.16	83.55	115.35

Competitive Comparison of Titan Energy LLC's Days Payable

For the Oil & Gas E&P subindustry, Titan Energy LLC'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.

Titan Energy LLC's Days Payable Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Titan Energy LLC's Days Payable distribution charts can be found below:

* The bar in red indicates where Titan Energy LLC's Days Payable falls into.

Titan Energy LLC 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.

Titan Energy LLC's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

	Days Payable (A: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2015 )	+	Accounts Payable (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (49.249	+	30.161)	/	2 )	/	0	*	365
=	39.705					/	0	*	365
=	N/A

Titan Energy LLC's Days Payable for the quarter that ended in Sep. 2017 is calculated as:

	Days Payable (Q: Sep. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2017 )	+	Accounts Payable (Q: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
=	( (25.454	+	29.868)	/	2 )	/	21.881	*	365 / 4
=	27.661					/	21.881	*	365 / 4
=	115.35

Titan Energy LLC Days Payable Related Terms

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Titan Energy LLC (Titan Energy LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Titan Energy LLC (OTCPK:TTEN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

425 Houston Street, Suite 300, Fort Worth, TX, USA, 76102

Website

http://www.atlasresourcepartners.com

Titan Energy LLC is an exploration and production company. It is focused on acquiring and developing oil and gas assets with operations in basins across the United States with a focus on the development of Eagle Ford Shell basin from South Texas. The firm also sponsors and manages drilling partnerships to finance its operations. It has Gas and Oil Production, Well Construction & Completion and Other partnership segments. The company derives the majority of its revenue from Gas and Oil production segment.

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