Southcross Energy Partners LP (FRA:SCR) Days Payable: 47.83 (As of Mar. 2019) — 15% Above Median


What is Southcross Energy Partners LP Days Payable?

Southcross Energy Partners LP FRA:SCR Days Payable is 47.83 as of Mar. 2019, which is 15% above its 10-year median of 41.42. The stock has 5 warning signs investors should review.

Southcross Energy Partners LP's average Accounts Payable for the three months ended in Mar. 2019 was €49.8 Mil. Southcross Energy Partners LP's Cost of Goods Sold for the three months ended in Mar. 2019 was €95.0 Mil. Hence, Southcross Energy Partners LP's Days Payable for the three months ended in Mar. 2019 was 47.83.

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

FRA:SCR' s Days Payable Range Over the Past 10 Years
Min: 29.15   Med: 41.42   Max: 59.14
Current: 36.54

During the past 9 years, Southcross Energy Partners LP's highest Days Payable was 59.14. The lowest was 29.15. And the median was 41.42.

FRA:SCR's Days Payable is not ranked
in the Utilities - Regulated industry.
Industry Median: 70.35 vs FRA:SCR: 36.54

Southcross Energy Partners LP's Days Payable increased from Mar. 2018 (35.32) to Mar. 2019 (47.83). It may suggest that Southcross Energy Partners LP delayed paying its suppliers.

Southcross Energy Partners LP Days Payable Historical Data

* Premium members only.

The historical data trend for Southcross 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.

Southcross Energy Partners LP Days Payable Chart

Southcross Energy Partners LP Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Payable
Get a 7-Day Free Trial Premium Member Only 43.80 59.88 53.01 35.94 38.98

Southcross Energy Partners LP Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
Days Payable 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 35.32 35.63 34.69 31.71 47.83

FRA:SCR vs CNIG: Days Payable Comparison

For the Utilities - Regulated Gas subindustry, Southcross 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.

Southcross Energy Partners LP Days Payable vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Southcross Energy Partners LP's Days Payable distribution charts can be found below:

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


Southcross 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.

Southcross Energy Partners LP's Days Payable for the fiscal year that ended in Dec. 2018 is calculated as

Days Payable (A: Dec. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2017 ) + Accounts Payable (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (49.145 + 53.718) / 2 ) / 481.573*365
=51.4315 / 481.573*365
=38.98

Southcross Energy Partners LP's Days Payable for the quarter that ended in Mar. 2019 is calculated as:

Days Payable (Q: Mar. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2018 ) + Accounts Payable (Q: Mar. 2019 )) / count ) / Cost of Goods Sold (Q: Mar. 2019 )*Days in Period
=( (53.718 + 45.874) / 2 ) / 95.004*365 / 4
=49.796 / 95.004*365 / 4
=47.83

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 47.83 mean?
Southcross Energy Partners LP (FRA:SCR) has a Days Payable of 47.83 as of Mar. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Southcross Energy Partners LP and its competitors. This is 15% above median its historical median of 41.42. Over the past decade, Southcross Energy Partners LP's Days Payable has ranged from 29.15 to 59.14.
Is Southcross Energy Partners LP's Days Payable too high?
Southcross Energy Partners LP's current Days Payable of 47.83 is 15% above median its 10-year median of 41.42. Over the past 10 years, this metric has ranged from a low of 29.15 to a high of 59.14. The Utilities - Regulated industry median Days Payable is 70.35. Southcross Energy Partners LP's value of 47.83 is 32% below this industry median.
How does Southcross Energy Partners LP's Days Payable compare to CNIG?
Southcross Energy Partners LP's Days Payable of 47.83 can be compared against companies in the Utilities - Regulated industry. The industry median Days Payable is 70.35. Southcross Energy Partners LP's value of 47.83 is 32% below this benchmark. Historically, Southcross Energy Partners LP's own Days Payable has ranged from 29.15 to 59.14 over the past decade. While the company's 10-year median is 41.42 vs. the industry median of 70.35, Southcross Energy Partners LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Utilities - Regulated company?
The median Days Payable among Utilities - Regulated companies is 70.35, based on 483 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Southcross Energy Partners LP's current Days Payable of 47.83 is 32% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Southcross Energy Partners LP and its competitors. For the Utilities - Regulated industry, the median Days Payable is 70.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southcross Energy Partners LP's current Days Payable is 47.83, which is 15% above median its own 10-year median of 41.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southcross Energy Partners LP stock overvalued right now?
Southcross Energy Partners LP (FRA:SCR) has a current Days Payable of 47.83. The current Days Payable is 47.83, which is 15% above median its 10-year median of 41.42 and 32% below the Utilities - Regulated industry median of 70.35. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Southcross Energy Partners LP (FRA:SCR), the current Days Payable is 47.83 as of Mar. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Southcross Energy Partners LP Business Description

Address 1717 Main Street, Suite 5200, Dallas, TX, USA, 75201
Southcross Energy Partners LP provides natural gas gathering, processing, treating, compression and transportation services and NGL fractionation and transportation services. It also source, purchase transport and sell natural gas and NGLs. The company derives the majority of its revenues from sales of natural gas. Its assets are located in South Texas, Mississippi, and Alabama.