Energy Transfer Operating LP (Energy Transfer Operating LP) Days Payable : 33.19 (As of Dec. 2020)

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What is Energy Transfer Operating LP Days Payable?

Energy Transfer Operating LP's average Accounts Payable for the three months ended in Dec. 2020 was $2,787 Mil. Energy Transfer Operating LP's Cost of Goods Sold for the three months ended in Dec. 2020 was $7,663 Mil. Hence, Energy Transfer Operating LP's Days Payable for the three months ended in Dec. 2020 was 33.19.

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

ETP' s Days Payable Range Over the Past 10 Years
Min: 24.1 Med: 32.42 Max: 48.05
Current: 35.9

During the past 13 years, Energy Transfer Operating LP's highest Days Payable was 48.05. The lowest was 24.10. And the median was 32.42.

ETP's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 59.43 vs ETP: 35.90

Energy Transfer Operating LP's Days Payable increased from Dec. 2019 (31.79) to Dec. 2020 (33.19). It may suggest that Energy Transfer Operating LP delayed paying its suppliers.

Energy Transfer Operating LP Days Payable Historical Data

The historical data trend for Energy Transfer Operating LP'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.

Energy Transfer Operating LP Days Payable Chart

Energy Transfer Operating LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Payable

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33.54

41.31

33.57

32.35

43.37

Energy Transfer Operating LP Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Days Payable	Get a 7-Day Free Trial															31.79	32.42	40.79	30.70	33.19

Competitive Comparison of Energy Transfer Operating LP's Days Payable

For the Oil & Gas Midstream subindustry, Energy Transfer Operating LP'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.

Energy Transfer Operating LP's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Energy Transfer Operating LP's Days Payable falls into.

Energy Transfer Operating LP 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.

Energy Transfer Operating LP's Days Payable for the fiscal year that ended in Dec. 2020 is calculated as

	Days Payable (A: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2019 )	+	Accounts Payable (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (4119	+	2809)	/	2 )	/	29156	*	365
=	3464					/	29156	*	365
=	43.37

Energy Transfer Operating LP's Days Payable for the quarter that ended in Dec. 2020 is calculated as:

	Days Payable (Q: Dec. 2020 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2020 )	+	Accounts Payable (Q: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2020 )	*	Days in Period
=	( (2765	+	2809)	/	2 )	/	7663	*	365 / 4
=	2787					/	7663	*	365 / 4
=	33.19

Energy Transfer Operating LP Days Payable Related Terms

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Energy Transfer Operating LP (Energy Transfer Operating LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Energy Transfer Operating LP (NYSE:ETP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

8111 Westchester Drive, Suite 600, Dallas, TX, USA, 75225

Website

http://www.energytransfer.com

Energy Transfer Operating LP is a diversified midstream energy company in the country with more than 86,000 miles of pipelines traversing approximately 38 states transporting the oil and gas products. Its core operations include transportation, storage and terminalling for natural gas, crude oil, NGLs, refined products and liquid natural gas. The operating business segments of the company are intrastate transportation and storage, interstate transportation and storage, midstream, NGL and refined products transportation and services, crude oil transportation and services, investment in Sunoco LP, investment in USAC, and Other. The crude oil transportation and services segment generates maximum revenue for the company.

Executives

Easter William H Iii

director

370 17TH ST, STE 2500, DENVER CO 80202