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Alcoa Inc (NYSE:AA)
Days Payable
60.00 (As of Mar. 2016)

Alcoa Inc's payable for the three months ended in Mar. 2016 was $2,657 Mil. Alcoa Inc's cost of goods sold for the three months ended in Mar. 2016 was $4,041 Mil. Hence, Alcoa Inc's days payable for the three months ended in Mar. 2016 was 60.00.

AA' s Days Payable Range Over the Past 10 Years
Min: 37.68   Max: 60.12
Current: 54.89

37.68
60.12

During the past 13 years, Alcoa Inc's highest Days Payable was 60.12. The lowest was 37.68. And the median was 48.06.

AA's Days Payable is ranked higher than
60% of the 514 Companies
in the Global Aluminum industry.

( Industry Median: 44.62 vs. AA: 54.89 )

Alcoa Inc's days payable declined from Mar. 2015 (60.26) to Mar. 2016 (60.00). It may suggest that Alcoa Inc accelerated paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Alcoa Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2889/18069*365
=58.36

Alcoa Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2657/4041*365 / 4
=60.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Alcoa Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 37.6841.9541.4542.2049.3547.9848.1456.0260.1258.36

Alcoa Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 57.3757.9257.8955.4357.8460.2658.8854.7259.8660.00
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