Pembina Pipeline (TSX:PPL.PF.A.PFD) Days Payable

: 45.71 (As of Dec. 2023)

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Pembina Pipeline's average Accounts Payable for the three months ended in Dec. 2023 was C$809.50 Mil. Pembina Pipeline's Cost of Goods Sold for the three months ended in Dec. 2023 was C$1,616.00 Mil. Hence, Pembina Pipeline's Days Payable for the three months ended in Dec. 2023 was 45.71.

The historical rank and industry rank for Pembina Pipeline's Days Payable or its related term are showing as below:

TSX:PPL.PF.A.PFD' s Days Payable Range Over the Past 10 Years
Min: 25.72 Med: 41.63 Max: 70.26
Current: 43.66

During the past 13 years, Pembina Pipeline's highest Days Payable was 70.26. The lowest was 25.72. And the median was 41.63.

TSX:PPL.PF.A.PFD's Days Payable is ranked worse than
62.56% of 900 companies
in the Oil & Gas industry
Industry Median: 60.305 vs TSX:PPL.PF.A.PFD: 43.66

Pembina Pipeline's Days Payable increased from Dec. 2022 (36.02) to Dec. 2023 (45.71). It may suggest that Pembina Pipeline delayed paying its suppliers.

Pembina Pipeline Days Payable Historical Data

The historical data trend for Pembina Pipeline'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.

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Pembina Pipeline Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

70.26

53.25

32.32

25.72

32.70

Pembina Pipeline Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																36.02	36.94	52.32	52.27	45.71

Competitive Comparison

For the Oil & Gas Midstream subindustry, Pembina Pipeline'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.

Pembina Pipeline Days Payable Distribution

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

* The bar in red indicates where Pembina Pipeline's Days Payable falls into.

Pembina Pipeline 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.

Pembina Pipeline's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (571	+	555)	/	2 )	/	6285	*	365
=	563					/	6285	*	365
=	32.70

Pembina Pipeline's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (1064	+	555)	/	2 )	/	1616	*	365 / 4
=	809.5					/	1616	*	365 / 4
=	45.71

Pembina Pipeline Days Payable Related Terms

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Pembina Pipeline (TSX:PPL.PF.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pembina Pipeline Corp (TSX:PPL.PF.A.PFD) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PMBPF.PFD:USA PBNAF.PFD:USA PBA:USA P5P:Germany PPL.PF.E.PFD:Canada PPL.PR.O.PFD:Canada PPL.PR.Q.PFD:Canada PPL.PR.S.PFD:Canada PPL.PR.I.PFD:Canada PPL.PR.G.PFD:Canada PPL.PR.E.PFD:Canada PPL.PR.C.PFD:Canada PPL.PR.A.PFD:Canada PPL:Canada

Address

585 - 8th Avenue S.W., Suite 4000, Calgary, AB, CAN, T2P 1G1

Website

https://www.pembina.com

Pembina Pipeline is a midstream company serving the Canadian and North American (primarily Bakken) markets with an integrated product portfolio. Its assets include pipelines and gas gathering as well as assets across fractionation, storage, and propane exports.

Pembina Pipeline (TSX:PPL.PF.A.PFD) Headlines

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