Altera Infrastructure LP (Altera Infrastructure LP) Days Payable

: 40.09 (As of Jun. 2022)

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Altera Infrastructure LP's average Accounts Payable for the three months ended in Jun. 2022 was $105.99 Mil. Altera Infrastructure LP's Cost of Goods Sold for the three months ended in Jun. 2022 was $241.23 Mil. Hence, Altera Infrastructure LP's Days Payable for the three months ended in Jun. 2022 was 40.09.

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

ALINpB.PFD' s Days Payable Range Over the Past 10 Years
Min: 5.41 Med: 9.54 Max: 63.1
Current: 28.86

During the past 13 years, Altera Infrastructure LP's highest Days Payable was 63.10. The lowest was 5.41. And the median was 9.54.

ALINpB.PFD's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 59.43 vs ALINpB.PFD: 28.86

Altera Infrastructure LP's Days Payable increased from Jun. 2021 (18.29) to Jun. 2022 (40.09). It may suggest that Altera Infrastructure LP delayed paying its suppliers.

Altera Infrastructure LP Days Payable Historical Data

The historical data trend for Altera Infrastructure 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.

Altera Infrastructure LP Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Payable

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11.31

10.75

51.53

58.40

15.65

Altera Infrastructure LP Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Payable	Get a 7-Day Free Trial															18.29	24.05	19.13	10.69	40.09

Competitive Comparison

For the Oil & Gas Midstream subindustry, Altera Infrastructure 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.

Altera Infrastructure LP Days Payable Distribution

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

* The bar in red indicates where Altera Infrastructure LP's Days Payable falls into.

Altera Infrastructure 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.

Altera Infrastructure LP's Days Payable for the fiscal year that ended in Dec. 2021 is calculated as

	Days Payable (A: Dec. 2021 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2020 )	+	Accounts Payable (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (46.022	+	36.954)	/	2 )	/	967.7	*	365
=	41.488					/	967.7	*	365
=	15.65

Altera Infrastructure LP's Days Payable for the quarter that ended in Jun. 2022 is calculated as:

	Days Payable (Q: Jun. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2022 )	+	Accounts Payable (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (17.18	+	194.793)	/	2 )	/	241.232	*	365 / 4
=	105.9865					/	241.232	*	365 / 4
=	40.09

Altera Infrastructure LP Days Payable Related Terms

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Altera Infrastructure LP (Altera Infrastructure LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Altera Infrastructure LP (NYSE:ALINpB.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Altera House, Unit 3, Prospect Park, Arnhall Business Park, Westhill, Aberdeenshire, GBR, AB32 6FJ

Website

https://www.alterainfra.com

Altera Infrastructure LP is a global energy infrastructure services provider focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil, and the East Coast of Canada. The company's assets comprise offshore assets, including floating production, storage, and offloading (FPSO) units, shuttle tankers (including five new builds), floating storage and offtake (FSO) units, long-distance towing and offshore installation vessels, and a unit for maintenance and safety (UMS).

Executives

Luxor Capital Partners Offshore Ltd	10 percent owner	C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Capital Partners, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Select Llc	10 percent owner	767 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10153
Lcg Select Offshore Ltd	10 percent owner	PO BOX 309GT UGLAND HOUSE SOUTH CHURCH S, GEORGE TOWN, GRAND CAYAMAN CAYMAN E9 00000
Luxor Capital Group, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036