PAGP (Plains GP Holdings LP) Days Payable : 31.48 (As of Mar. 2025)

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What is Plains GP Holdings LP Days Payable?

Plains GP Holdings LP's average Accounts Payable for the three months ended in Mar. 2025 was $3,803 Mil. Plains GP Holdings LP's Cost of Goods Sold for the three months ended in Mar. 2025 was $11,023 Mil. Hence, Plains GP Holdings LP's Days Payable for the three months ended in Mar. 2025 was 31.48.

The historical rank and industry rank for Plains GP Holdings LP's Days Payable or its related term are showing as below:

PAGP' s Days Payable Range Over the Past 10 Years
Min: 29.85 Med: 34.96 Max: 52.9
Current: 30.32

During the past 13 years, Plains GP Holdings LP's highest Days Payable was 52.90. The lowest was 29.85. And the median was 34.96.

PAGP's Days Payable is ranked worse than
76.54% of 878 companies
in the Oil & Gas industry
Industry Median: 60.11 vs PAGP: 30.32

Plains GP Holdings LP's Days Payable declined from Mar. 2024 (32.01) to Mar. 2025 (31.48). It may suggest that Plains GP Holdings LP accelerated paying its suppliers.

Plains GP Holdings LP Days Payable Historical Data

The historical data trend for Plains GP Holdings 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.

Plains GP Holdings LP Days Payable Chart

Plains GP Holdings LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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52.90

33.62

29.85

31.59

30.27

Plains GP Holdings LP Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Payable	Get a 7-Day Free Trial															32.01	30.16	29.70	30.02	31.48

Competitive Comparison of Plains GP Holdings LP's Days Payable

For the Oil & Gas Midstream subindustry, Plains GP Holdings 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.

Plains GP Holdings LP's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Plains GP Holdings LP's Days Payable falls into.

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Plains GP Holdings 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.

Plains GP Holdings LP's Days Payable for the fiscal year that ended in Dec. 2024 is calculated as

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (3845	+	3881)	/	2 )	/	46586	*	365
=	3863					/	46586	*	365
=	30.27

Plains GP Holdings LP's Days Payable for the quarter that ended in Mar. 2025 is calculated as:

	Days Payable (Q: Mar. 2025 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2024 )	+	Accounts Payable (Q: Mar. 2025 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2025 )	*	Days in Period
=	( (3881	+	3725)	/	2 )	/	11023	*	365 / 4
=	3803					/	11023	*	365 / 4
=	31.48

Plains GP Holdings LP Days Payable Related Terms

Thank you for viewing the detailed overview of Plains GP Holdings LP's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Plains GP Holdings LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Plains GP Holdings LP (NAS:PAGP) » Definitions » Days Payable

Comparable Companies

FRO GLNG KNTK VNOM HESM GEL STNG INSW GLP DHT TSX:ENB WMB EPD KMI ET LNG MPLX TSX:TRP OKE VG

Traded in Other Exchanges

PG81:Germany

Address

333 Clay Street, Suite 1600, Houston, TX, USA, 77002

Website

https://www.plains.com

Plains GP Holdings LP provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. The group manages its operations through two operating segments: Crude Oil and NGL.

Executives

Willie Cw Chiang	director, officer: Chairman & CEO	370 17TH STREET, SUITE 2775, DENVER CO 80202
Jeremy L. Goebel	officer: EVP & CCO	333 CLAY STREET, SUITE 1600, HOUSTON TX 77002
Ellen Desanctis	director	12326 OLD OAKS, HOUSTON TX 77024
Kevin S Mccarthy	director	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Gary R Petersen	director	210 HEDWIG, HOUSTON TX 77019
Victor Burk	director	C/O ENERVEST MANAGEMENT PARTNERS LTD, 1001 FANNIN STREET, SUITE 800, HOUSTON TX 77002
Lawrence Michael Ziemba	director	600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
John T Raymond	director	THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002
Alexandra Pruner	director	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Bobby S Shackouls	director	5051 WESTHEIMER, STE 1400, HOUSTON TX 77056-5604
Chris Temple	director	3953 MAPLE AVENUE, SUITE 180, DALLAS TX 75219
Emg Investment, Llc	director, See Remarks	1401 MCKINNEY STREET, SUITE 1025, HOUSTON TX 77010
Robert V Sinnott	director	1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Greg L Armstrong	director, 10 percent owner, officer: Chairman & CEO
Harry N Pefanis	officer: President & COO	333 CLAY STREET, STE 1600, HOUSTON TX 77002