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ABB Ltd (NYSE:ABB)
Days Payable
70.19 (As of Sep. 2016)

ABB Ltd's payable for the three months ended in Sep. 2016 was $4,458 Mil. ABB Ltd's cost of goods sold for the three months ended in Sep. 2016 was $5,796 Mil. Hence, ABB Ltd's days payable for the three months ended in Sep. 2016 was 70.19.

ABB' s Days Payable Range Over the Past 10 Years
Min: 60.78   Max: 113.48
Current: 69.64

60.78
113.48

During the past 13 years, ABB Ltd's highest Days Payable was 113.48. The lowest was 60.78. And the median was 65.50.

ABB's Days Payable is ranked higher than
53% of the 1311 Companies
in the Global Diversified Industrials industry.

( Industry Median: 65.83 vs. ABB: 69.64 )

ABB Ltd's days payable increased from Sep. 2015 (66.98) to Sep. 2016 (70.19). It may suggest that ABB Ltd delayed 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.

ABB Ltd'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
=4342/25347*365
=62.53

ABB Ltd's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4458/5796*365 / 4
=70.19

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

ABB Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 113.4887.4462.5975.3765.8265.1762.5060.7862.5367.39

ABB Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 62.2957.9467.4264.6266.9857.8771.1466.1070.1962.63
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