QEP Midstream Partners LP (FRA:1QM) Days Payable : 56.85 (As of Mar. 2015)

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What is QEP Midstream Partners LP Days Payable?

QEP Midstream Partners LP's average Accounts Payable for the three months ended in Mar. 2015 was €3.5 Mil. QEP Midstream Partners LP's Cost of Goods Sold for the three months ended in Mar. 2015 was €5.5 Mil. Hence, QEP Midstream Partners LP's Days Payable for the three months ended in Mar. 2015 was 56.85.

The historical rank and industry rank for QEP Midstream Partners LP's Days Payable or its related term are showing as below:

FRA:1QM' s Days Payable Range Over the Past 10 Years
Min: 0 Med: 0 Max: 45.44
Current: 45.44

During the past 4 years, QEP Midstream Partners LP's highest Days Payable was 45.44. The lowest was 0.00. And the median was 0.00.

FRA:1QM's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 59.43 vs FRA:1QM: 45.44

QEP Midstream Partners LP's Days Payable declined from Mar. 2014 (168.81) to Mar. 2015 (56.85). It may suggest that QEP Midstream Partners LP accelerated paying its suppliers.

QEP Midstream Partners LP Days Payable Historical Data

The historical data trend for QEP Midstream Partners 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.

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QEP Midstream Partners LP Days Payable Chart

QEP Midstream Partners LP Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Days Payable

166.03

137.75

317.30

82.24

QEP Midstream Partners LP Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15
Days Payable	Get a 7-Day Free Trial									168.81	229.87	162.51	66.62	56.85

Competitive Comparison of QEP Midstream Partners LP's Days Payable

For the Oil & Gas Midstream subindustry, QEP Midstream Partners 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.

QEP Midstream Partners LP's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where QEP Midstream Partners LP's Days Payable falls into.

QEP Midstream Partners 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.

QEP Midstream Partners LP's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

	Days Payable (A: Dec. 2014 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2013 )	+	Accounts Payable (A: Dec. 2014 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2014 )	*	Days in Period
=	( (4.818	+	4.136)	/	2 )	/	19.869	*	365
=	4.477					/	19.869	*	365
=	82.24

QEP Midstream Partners LP's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

	Days Payable (Q: Mar. 2015 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2014 )	+	Accounts Payable (Q: Mar. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2015 )	*	Days in Period
=	( (4.136	+	2.772)	/	2 )	/	5.544	*	365 / 4
=	3.454					/	5.544	*	365 / 4
=	56.85

QEP Midstream Partners LP Days Payable Related Terms

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QEP Midstream Partners LP (FRA:1QM) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.qepm.com

QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

QEP Midstream Partners LP (FRA:1QM) Headlines

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