VTTI Energy Partners LP (VTTI Energy Partners LP) Days Payable : 48.49 (As of Jun. 2017)

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What is VTTI Energy Partners LP Days Payable?

VTTI Energy Partners LP's average Accounts Payable for the three months ended in Jun. 2017 was $11.0 Mil. VTTI Energy Partners LP's Cost of Goods Sold for the three months ended in Jun. 2017 was $20.7 Mil. Hence, VTTI Energy Partners LP's Days Payable for the three months ended in Jun. 2017 was 48.49.

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

VTTI's Days Payable is not ranked ^*
in the Oil & Gas industry.
Industry Median: 59.19
* Ranked among companies with meaningful Days Payable only.

VTTI Energy Partners LP's Days Payable declined from Jun. 2016 (64.65) to Jun. 2017 (48.49). It may suggest that VTTI Energy Partners LP accelerated paying its suppliers.

VTTI Energy Partners LP Days Payable Historical Data

The historical data trend for VTTI 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.

* Premium members only.

VTTI Energy Partners LP Days Payable Chart

VTTI Energy Partners LP Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Days Payable

82.11

83.96

77.01

86.70

83.97

VTTI Energy Partners LP Quarterly Data
	Dec12	Mar13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Days Payable	Get a 7-Day Free Trial													64.65	63.37	74.74	68.21	48.49

Competitive Comparison of VTTI Energy Partners LP's Days Payable

For the Oil & Gas Equipment & Services subindustry, VTTI 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.

VTTI Energy Partners LP's Days Payable Distribution in the Oil & Gas Industry

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

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

VTTI 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.

VTTI Energy Partners LP's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

	Days Payable (A: Dec. 2016 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2015 )	+	Accounts Payable (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (19.7	+	17.2)	/	2 )	/	80.2	*	365
=	18.45					/	80.2	*	365
=	83.97

VTTI Energy Partners LP's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

	Days Payable (Q: Jun. 2017 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Mar. 2017 )	+	Accounts Payable (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (12.7	+	9.3)	/	2 )	/	20.7	*	365 / 4
=	11					/	20.7	*	365 / 4
=	48.49

VTTI Energy Partners LP Days Payable Related Terms

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VTTI Energy Partners LP (VTTI Energy Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » VTTI Energy Partners LP (NYSE:VTTI) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.vttienergypartners.com

VTTI Energy Partners LP was formed on April 11, 2014 as a limited partnership under the laws of the Republic of the Marshall Islands. It provides long-term, fee-based terminating services for third party companies engaged in the production, processing, distribution, and marketing of refined petroleum products and crude oil. It owns a portfolio of approximately 6 terminals with 397 tanks and 35.5 million barrels of refined petroleum product and crude oil storage capacity located in Europe, the Middle East, Asia, and North America. It competes with other terminal operators.

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