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GuruFocus has detected 3 Warning Signs with Halliburton Co $HAL.
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Halliburton Co (NYSE:HAL)
Days Payable
45.52 (As of Mar. 2017)

Halliburton Co's payable for the three months ended in Mar. 2017 was $2,006 Mil. Halliburton Co's cost of goods sold for the three months ended in Mar. 2017 was $4,021 Mil. Hence, Halliburton Co's days payable for the three months ended in Mar. 2017 was 45.52.

HAL' s Days Payable Range Over the Past 10 Years
Min: 23.02   Max: 48.43
Current: 48.43

23.02
48.43

During the past 13 years, Halliburton Co's highest Days Payable was 48.43. The lowest was 23.02. And the median was 32.49.

HAL's Days Payable is ranked lower than
54% of the 164 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 53.82 vs. HAL: 48.43 )

Halliburton Co's days payable increased from Mar. 2016 (42.87) to Mar. 2017 (45.52). It may suggest that Halliburton Co 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.

Halliburton 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
=1764/15023*365
=42.86

Halliburton Co's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2006/4021*365 / 4
=45.52

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


Related Terms

Revenue


Historical Data

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

Halliburton Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 24.3223.3323.0228.2133.6431.3434.6237.5834.9042.86

Halliburton Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 35.3235.1938.0339.7140.4442.8736.4338.4543.4645.52
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