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Baker Hughes (XSWX:BHI) Days Payable : 51.55 (As of Mar. 2017)


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What is Baker Hughes Days Payable?

Baker Hughes's average Accounts Payable for the three months ended in Mar. 2017 was CHF1,068 Mil. Baker Hughes's Cost of Goods Sold for the three months ended in Mar. 2017 was CHF1,891 Mil. Hence, Baker Hughes's Days Payable for the three months ended in Mar. 2017 was 51.55.

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

XSWX:BHI's Days Payable is not ranked *
in the Oil & Gas industry.
Industry Median: 61.11
* Ranked among companies with meaningful Days Payable only.

Baker Hughes's Days Payable increased from Mar. 2016 (44.32) to Mar. 2017 (51.55). It may suggest that Baker Hughes delayed paying its suppliers.


Baker Hughes Days Payable Historical Data

The historical data trend for Baker Hughes'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.

Baker Hughes Days Payable Chart

Baker Hughes Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.55 42.94 47.73 52.67 43.96

Baker Hughes Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 44.32 32.10 43.66 41.18 51.55

Competitive Comparison of Baker Hughes's Days Payable

For the Oil & Gas Equipment & Services subindustry, Baker Hughes'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.


Baker Hughes's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Baker Hughes's Days Payable falls into.



Baker Hughes 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.

Baker Hughes'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
=( (1402.096 + 1046.924) / 2 ) / 10166.476*365
=1224.51 / 10166.476*365
=43.96

Baker Hughes's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable (Q: Mar. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Mar. 2017 )) / count ) / Cost of Goods Sold (Q: Mar. 2017 )*Days in Period
=( (1046.924 + 1089.632) / 2 ) / 1890.832*365 / 4
=1068.278 / 1890.832*365 / 4
=51.55

* 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.


Baker Hughes Days Payable Related Terms

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Baker Hughes (XSWX:BHI) Business Description

Traded in Other Exchanges
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Address
Baker Hughes is one of the world's largest integrated oil services providers. Its largest end market is North America, and thus its fortunes are strongly leveraged to U.S. shale activity. By the end of 2017, the firm is set to combine with General Electric's oil and gas division, which is more leveraged to offshore developments, as well as nonupstream energy markets such as liquefied natural gas and refining.

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