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DCP Midstream LP (DCP Midstream LP) Total Current Liabilities : $1,389 Mil (As of Mar. 2023)


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What is DCP Midstream LP Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. DCP Midstream LP's total current liabilities for the quarter that ended in Mar. 2023 was $1,389


DCP Midstream LP Total Current Liabilities Historical Data

The historical data trend for DCP Midstream LP's Total Current Liabilities 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.

DCP Midstream LP Total Current Liabilities Chart

DCP Midstream LP Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,904.00 1,793.00 1,621.00 2,010.00 2,504.00

DCP Midstream LP Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,580.00 2,847.00 2,741.00 2,504.00 1,389.00

DCP Midstream LP Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

DCP Midstream LP's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1713+506
+Other Current Liabilities+Current Deferred Liabilities
=285+0
=2,504

DCP Midstream LP's Total Current Liabilities for the quarter that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1214+7
+Other Current Liabilities+Current Deferred Liabilities
=168+0
=1,389

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.


Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term


DCP Midstream LP Total Current Liabilities Related Terms

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DCP Midstream LP (DCP Midstream LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
6900 E. Layton Avenue, Suite 900, Denver, CO, USA, 80237
DCP Midstream LP is primarily a gathering and processor partnership with major asset bases in the Permian, Scoop/Stack, Eagle Ford, and DJ Basin. It also has investments in the Sand Hills natural gas liquids pipeline as well as the Gulf Coast Express gas pipeline, which both serve the growing Permian basin. The company's segment includes Logistics and Marketing and Gathering and Processing. It generates maximum revenue from the Logistics and Marketing segment.
Executives
Scott Richard Delmoro officer: Principal Financial Officer 6900 E. LAYTON AVE, SUITE 900, DENVER CO 80237
Timothy D. Roberts director C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Clifford Todd Denton director 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips 66 Co 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
66 Phillips 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips 66 Project Development Inc. 10 percent owner P.O. BOX 4428, HOUSTON TX 77210
Phillips 66 Project Shareholder Inc. 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Phillips Gas Co Llc 10 percent owner 2331 CITYWEST BLVD., HOUSTON TX 77042
Kevin J Mitchell director 3010 BRIARPARK DRIVE, HOUSTON TX 77042
William L. Johnson officer: President 370 17TH STREET, SUITE 2500, DENVER CO 80202
George R. Green officer: Group VP & General Counsel 370 17TH STREET, SUITE 2500, DENVER CO 80202
Heather Crowder director 370 17TH STREET, SUITE 2500, DENVER CO 80202
Stephen J Neyland director 5400 WESTHEIMER COURT, HOUSTON TX 77056
Sean O'brien officer: Group Vice President and CFO 370 17TH STREET, SUITE 2500, DENVER CO 80202
Richard A. Loving officer: Vice President and Controller 370 17TH STREET, SUITE 2500, DENVER CO 80202