USDP (USD Partners LP) Days Payable : 49.53 (As of Sep. 2023)

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What is USD Partners LP Days Payable?

USD Partners LP's average Accounts Payable for the three months ended in Sep. 2023 was $4.27 Mil. USD Partners LP's Cost of Goods Sold for the three months ended in Sep. 2023 was $7.87 Mil. Hence, USD Partners LP's Days Payable for the three months ended in Sep. 2023 was 49.53.

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

USDP's Days Payable is not ranked ^*
in the Transportation industry.
Industry Median: 39.09
* Ranked among companies with meaningful Days Payable only.

USD Partners LP's Days Payable increased from Sep. 2022 (36.46) to Sep. 2023 (49.53). It may suggest that USD Partners LP delayed paying its suppliers.

USD Partners LP Days Payable Historical Data

The historical data trend for USD 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.

USD Partners LP Days Payable Chart

USD Partners LP Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Payable

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17.49

18.39

11.29

40.73

65.09

USD Partners LP Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Payable	Get a 7-Day Free Trial															36.46	29.79	36.76	38.54	49.53

Competitive Comparison of USD Partners LP's Days Payable

For the Railroads subindustry, USD 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.

USD Partners LP's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, USD Partners LP's Days Payable distribution charts can be found below:

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

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USD 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.

USD Partners LP's Days Payable for the fiscal year that ended in Dec. 2022 is calculated as

	Days Payable (A: Dec. 2022 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2021 )	+	Accounts Payable (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (21.837	+	4.536)	/	2 )	/	73.943	*	365
=	13.1865					/	73.943	*	365
=	65.09

USD Partners LP's Days Payable for the quarter that ended in Sep. 2023 is calculated as:

	Days Payable (Q: Sep. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (3.483	+	5.062)	/	2 )	/	7.872	*	365 / 4
=	4.2725					/	7.872	*	365 / 4
=	49.53

USD Partners LP Days Payable Related Terms

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USD Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » USD Partners LP (OTCPK:USDP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

811 Main Street, Suite 2800, Houston, TX, USA, 77002

Website

https://www.usdpartners.com

USD Partners LP is formed to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels, and other energy-related products. The company's network of crude oil terminals facilitates the transportation of heavy crude oil from Western Canada to key demand centers across North America. The company's operations include railcar loading and unloading, storage and blending in on-site tanks, inbound and outbound pipeline connectivity, truck transloading and other related logistics services. The company also provides one of the customers with leased railcars and fleet services to facilitate the transportation of liquid hydrocarbons by rail. The company manages its business in two reportable segments: Terminalling services and Fleet services.

Executives

G Stacy Smith	director, other: SEE REMARKS	300 CRESCENT COURT SUITE 1111, DALLAS TX 75201
Jeffrey P. Wood	director, other: SEE REMARKS	EAGLE ROCK ENERGY PARTNERS, L.P., P.O. BOX 2968, HOUSTON TX 77252-2968
Keith Benson	officer: SEE REMARKS	C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Francesco Ciabatti	director, other: See Remarks.	51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Dan Borgen	director, officer: SEE REMARKS	9500 NEW CENTURY, PASADENA TX 77507
Michael Ray Curry	director, other: SEE REMARKS	C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Energy Capital Partners Iii, Lp	10 percent owner	51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078
Michael Jay Stanford	officer: Vice President, CAO	811 MAIN ST., SUITE 2800, HOUSTON TX 77002
Energy Capital Partners Gp Iii, Lp	director, 10 percent owner	40 BEECHWOOD ROAD, SUMMIT NJ 07901
Ecp Controlco, Llc	director, 10 percent owner	40 BEECHWOOD ROAD, SUMMIT NJ 07901
Joshua Dean Ruple	officer: SEE REMARKS	811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Schuyler Coppedge	director, other: SEE REMARKS	C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Paul Leray Tucker	officer: SEE REMARKS	C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Adam K Altsuler	officer: SEE REMARKS	C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Energy Capital Partners Iii-b (usd Ip), Lp	director, 10 percent owner	51 JOHN F. KENNEDY PARKWAY, SUITE 200, SHORT HILLS NJ 07078