Linn Energy (Linn Energy) Days Payable : 102.63 (As of Sep. 2019)

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What is Linn Energy Days Payable?

Linn Energy's average Accounts Payable for the three months ended in Sep. 2019 was $82.3 Mil. Linn Energy's Cost of Goods Sold for the three months ended in Sep. 2019 was $73.2 Mil. Hence, Linn Energy's Days Payable for the three months ended in Sep. 2019 was 102.63.

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

LNGG' s Days Payable Range Over the Past 10 Years
Min: 105.89 Med: 488.63 Max: 3455.06
Current: 105.89

During the past 13 years, Linn Energy's highest Days Payable was 3455.06. The lowest was 105.89. And the median was 488.63.

LNGG's Days Payable is not ranked
in the Oil & Gas industry.
Industry Median: 61.11 vs LNGG: 105.89

Linn Energy's Days Payable declined from Sep. 2018 (302.79) to Sep. 2019 (102.63). It may suggest that Linn Energy accelerated paying its suppliers.

Linn Energy Days Payable Historical Data

The historical data trend for Linn Energy'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.

Linn Energy Days Payable Chart

Linn Energy Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Payable

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499.07

572.92

3,455.06

1,508.63

233.69

Linn Energy Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Days Payable	Get a 7-Day Free Trial															302.79	186.90	133.21	156.59	102.63

Competitive Comparison of Linn Energy's Days Payable

For the Oil & Gas E&P subindustry, Linn Energy'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.

Linn Energy's Days Payable Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Linn Energy's Days Payable falls into.

Linn Energy 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.

Linn Energy'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
=	( (183.82	+	58.323)	/	2 )	/	189.101	*	365
=	121.0715					/	189.101	*	365
=	233.69

Linn Energy's Days Payable for the quarter that ended in Sep. 2019 is calculated as:

	Days Payable (Q: Sep. 2019 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2019 )	+	Accounts Payable (Q: Sep. 2019 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
=	( (89.142	+	75.542)	/	2 )	/	73.213	*	365 / 4
=	82.342					/	73.213	*	365 / 4
=	102.63

Linn Energy Days Payable Related Terms

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Linn Energy (Linn Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linn Energy Inc (DELISTED:LNGG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

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Address

14701 Hertz Quail Springs Parkway, Oklahoma City, OK, USA, 73134

Website

https://www.roanresources.com

Linn Energy Inc is a US-based independent oil and natural gas company. Its objective is to acquire, develop and maximize cash flow from a growing portfolio of long-life oil and natural gas assets. The company's properties are located in the United States in the Hugoton Basin, the Rockies, the Mid-Continent, east Texas and north Louisiana, Michigan/Illinois, California, the Permian Basin and south Texas. Linn derives revenue from the sale of oil, natural gas and natural gas liquids.

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