Icahn Enterprises LP (FRA:2IN) Days Payable : 31.95 (As of Dec. 2023)

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What is Icahn Enterprises LP Days Payable?

Icahn Enterprises LP's average Accounts Payable for the three months ended in Dec. 2023 was €764 Mil. Icahn Enterprises LP's Cost of Goods Sold for the three months ended in Dec. 2023 was €2,182 Mil. Hence, Icahn Enterprises LP's Days Payable for the three months ended in Dec. 2023 was 31.95.

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

FRA:2IN' s Days Payable Range Over the Past 10 Years
Min: 26.15 Med: 38.15 Max: 84.91
Current: 31.43

During the past 13 years, Icahn Enterprises LP's highest Days Payable was 84.91. The lowest was 26.15. And the median was 38.15.

FRA:2IN's Days Payable is ranked worse than
74.47% of 901 companies
in the Oil & Gas industry
Industry Median: 59.19 vs FRA:2IN: 31.43

Icahn Enterprises LP's Days Payable increased from Dec. 2022 (30.11) to Dec. 2023 (31.95). It may suggest that Icahn Enterprises LP delayed paying its suppliers.

Icahn Enterprises LP Days Payable Historical Data

The historical data trend for Icahn Enterprises 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.

Icahn Enterprises LP Days Payable Chart

Icahn Enterprises LP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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39.09

51.19

28.68

25.37

33.76

Icahn Enterprises LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															30.11	33.38	29.75	29.39	31.95

Competitive Comparison of Icahn Enterprises LP's Days Payable

For the Oil & Gas Refining & Marketing subindustry, Icahn Enterprises 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.

Icahn Enterprises LP's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Icahn Enterprises LP's Days Payable falls into.

Icahn Enterprises 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.

Icahn Enterprises LP'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
=	( (821.28	+	761.11)	/	2 )	/	8552.859	*	365
=	791.195					/	8552.859	*	365
=	33.76

Icahn Enterprises LP'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
=	( (767.403	+	761.11)	/	2 )	/	2182.46	*	365 / 4
=	764.2565					/	2182.46	*	365 / 4
=	31.95

Icahn Enterprises LP Days Payable Related Terms

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Icahn Enterprises LP (FRA:2IN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Icahn Enterprises LP (FRA:2IN) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

IEP:USA

Address

16690 Collins Avenue, PH-1, Penthouse Suite, Sunny Isles Beach, FL, USA, 33160

Website

https://www.ielp.com

Icahn Enterprises LP is a provider of diversified business services in the United States. The company operates its business through varied segments which include Investment, Automotive, Energy, Food Packaging, Real Estate, Pharma, and Home Fashion. Among these, the Energy segment derives the maximum revenue from the company. Geographically, it generates maximum revenue from the United States.

Icahn Enterprises LP (FRA:2IN) Headlines

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