Enbridge Energy Partners LP (Enbridge Energy Partners LP) Days Payable : 94.94 (As of Sep. 2018)

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What is Enbridge Energy Partners LP Days Payable?

Enbridge Energy Partners LP's average Accounts Payable for the three months ended in Sep. 2018 was $206 Mil. Enbridge Energy Partners LP's Cost of Goods Sold for the three months ended in Sep. 2018 was $198 Mil. Hence, Enbridge Energy Partners LP's Days Payable for the three months ended in Sep. 2018 was 94.94.

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

EEP's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 59.43
* Ranked among companies with meaningful Days Payable only.

Enbridge Energy Partners LP's Days Payable declined from Sep. 2017 (166.01) to Sep. 2018 (94.94). It may suggest that Enbridge Energy Partners LP accelerated paying its suppliers.

Enbridge Energy Partners LP Days Payable Historical Data

The historical data trend for Enbridge Energy 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.

* Premium members only.

Enbridge Energy Partners LP Days Payable Chart

Enbridge Energy Partners LP Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Payable

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49.89

53.37

742.92

265.32

129.01

Enbridge Energy Partners LP Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Days Payable	Get a 7-Day Free Trial															166.01	-	107.43	193.11	94.94

Competitive Comparison of Enbridge Energy Partners LP's Days Payable

For the Oil & Gas Midstream subindustry, Enbridge Energy 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.

Enbridge Energy Partners LP's Days Payable Distribution in the Oil & Gas Industry

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

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

Enbridge Energy 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.

Enbridge Energy Partners LP's Days Payable for the fiscal year that ended in Dec. 2017 is calculated as

	Days Payable (A: Dec. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2016 )	+	Accounts Payable (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (122	+	83)	/	2 )	/	290	*	365
=	102.5					/	290	*	365
=	129.01

Enbridge Energy Partners LP's Days Payable for the quarter that ended in Sep. 2018 is calculated as:

	Days Payable (Q: Sep. 2018 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2018 )	+	Accounts Payable (Q: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
=	( (188	+	224)	/	2 )	/	198	*	365 / 4
=	206					/	198	*	365 / 4
=	94.94

Enbridge Energy Partners LP Days Payable Related Terms

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Enbridge Energy Partners LP (Enbridge Energy Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enbridge Energy Partners LP (NYSE:EEP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.enbridgepartners.com

Enbridge Energy Partners is a master limited partnership, formed by its general partner, Enbridge Inc. The company operates crude oil pipelines in the United States. Its crude oil infrastructure is highlighted by the Lakehead system, the U.S. portion of the Canadian Mainline pipeline system.

Executives

Dan Allen Westbrook	director	5400 WESTHEIMER COURT, HOUSTON TX 77056
James Herbert England	director	15687 VILLORESI WAY, NAPLES FL 34110
Stephen J Neyland	director, officer: Vice President	5400 WESTHEIMER COURT, HOUSTON TX 77056
Mark A. Maki	director, officer: President	425 - 1ST STREET S.W., CALGARY A0 T2P 3L8
William S Waldheim	director	304 MARINA VIEW CT., LAKEWAY TX 78734
Laura Buss Sayavedra	director	5400 WESTHEIMER COURT, HOUSTON TX 77056
Allen C Capps	officer: Controller	5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
Cynthia L Hansen	officer: Sr.VP-Liquids Pipelines, Ops	500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
John K Whelen	director	425 - 1ST STREET SW, CALGARY A0 T2P 3L8
D Guy Jarvis	director, officer: Exec Vice Pres.-Liquids PL	3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
C Gregory Harper	director	185 INTERNATIONAL DRIVE, PORTSMOUTH NH 03801
Rebecca B Roberts	director	1000 LOUISIANA, SUITE 5800, HOUSTON TX 77002
George K Petty	director, other: Reitred Director-ret.w/n 6 mos	1317 HANOVER PLACE, SAN LUIS OBISPO CA 93401
Byron C Neiles	officer: Vice President -Major Projects	3000, 425 1ST STREET SW, CALGARY A0 T2P 3L8
Letwin Stephen J J	director, officer: Managing Director	HESS MIDSTREAM PARTNERS LP, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036