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DTE Energy Co  (NYSE:DTE) Days Payable: 54.84 (As of Jun. 2017)

DTE Energy Co's payable for the three months ended in Jun. 2017 was $988 Mil. DTE Energy Co's Cost of Goods Sold for the three months ended in Jun. 2017 was $1,644 Mil. Hence, DTE Energy Co's days payable for the three months ended in Jun. 2017 was 54.84.

NYSE:DTE' s Days Payable Range Over the Past 10 Years
Min: 50.58   Max: 122.18
Current: 56.25

50.58
122.18

During the past 13 years, DTE Energy Co's highest Days Payable was 122.18. The lowest was 50.58. And the median was 78.45.

NYSE:DTE's Days Payable is ranked lower than
55% of the 396 Companies
in the Global industry.

( Industry Median: 65.53 vs. NYSE:DTE: 56.25 )

DTE Energy Co's days payable declined from Jun. 2016 (60.11) to Jun. 2017 (54.84). It may suggest that DTE Energy Co accelerated paying its suppliers.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

DTE Energy Co Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.91 72.77 50.58 53.09 71.22

DTE Energy Co Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.11 48.27 64.73 48.59 54.84

Competitive Comparison
* 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.


Calculation

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.

DTE Energy Co'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
=1079/5530*365
=71.22

DTE Energy Co's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=988/1644*365 / 4
=54.84

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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