United States 12 Month Oil Fund (USL) Payables (2011 - 2013)
United States 12 Month Oil Fund's (USL) quarterly Payables came in at $153.0 in Q4 2013, down 100.0% on a YoY basis from $12.1 million in Q4 2012, and down 100.0% quarter-over-quarter from $12.1 million in Q4 2012.
Analysis
United States 12 Month Oil Fund (USL) Payables (2011 - 2013) Analysis & Trends
United States 12 Month Oil Fund (USL) has reported Payables for 3 consecutive years, with $153.0 the latest figure, recorded in Q4 2013.
- For the quarter ending Q4 2013, Payables fell 100.0% year-over-year to $153.0; the trailing twelve-month figure through Dec 2013 stood at $153.0 (down 100.0% YoY), and the FY2013 full-year result was $153.0, down 100.0% from the prior year.
- Payables declined to $153.0 in Q4 2013 per USL's latest filing, from $12.1 million in the prior quarter.
- Across five years, Payables topped out at $58.7 million in Q4 2011 and bottomed at $153.0 in Q4 2013.
- Historically, Payables has averaged $28.4 million across 3 years, with a median of $23.1 million in 2012.
- The sharpest annual moves came in 2012 and 2013: Payables slumped 79.43% in 2012, then tumbled 100.0% in 2013.
- Over 3 years, Payables stood at $58.7 million in 2011, then plunged by 79.43% to $12.1 million in 2012, then sank by 100.0% to $153.0 in 2013.
- According to Business Quant data, Payables over the past three periods registered $153.0, $12.1 million, and $23.1 million for Q4 2013, Q4 2012, and Q3 2012 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 169.89 Bn | 156.02 Bn | - | 2.01 Bn |
| 2 | Spdr Gold Trust | 144.81 Bn | -413.20 Bn | - | - |
| 3 | Ishares Gold Trust | 30.30 Bn | -29.81 Bn | - | 13.30 Mn |
| 4 | World Gold Trust | 29.28 Bn | -73.79 Bn | - | - |
| 5 | Principal Financial | 24.84 Bn | -28.13 Bn | 1.91 Bn | 16.20 Mn |
| 6 | iShares Silver Trust | 22.15 Bn | -6.05 Bn | - | 13.33 Mn |
| 7 | Franklin Resources | 17.84 Bn | 14.12 Bn | - | 632.70 Mn |
| 8 | Invesco | 14.63 Bn | 13.72 Bn | 1.79 Bn | 1.62 Bn |
| 9 | Affiliated Managers | 9.51 Bn | 9.10 Bn | - | 1.02 Bn |
| 10 | United States 12 Month Oil Fund | 58.33 Mn | 23.57 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2013 | 153.00 |
| Dec 31, 2012 | 12.09 Mn |
| Sep 30, 2012 | 23.13 Mn |
| Jun 30, 2012 | 48.23 Mn |
| Dec 31, 2011 | 58.74 Mn |