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ABB Ltd (NYSE:ABB)
Days Payable
64.62 (As of Jun. 2015)

ABB Ltd's payable for the three months ended in Jun. 2015 was $4,564 Mil. ABB Ltd's cost of goods sold for the three months ended in Jun. 2015 was $6,445 Mil. Hence, ABB Ltd's days payable for the three months ended in Jun. 2015 was 64.62.

ABB Ltd's days payable declined from Mar. 2014 (65.92) to Jun. 2015 (64.62). It may suggest that ABB Ltd 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.

ABB Ltd's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4765/28615*365
=60.78

ABB Ltd's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4564/6445*365 / 4
=64.62

* 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.

ABB Ltd Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 102.93106.94113.4887.4462.5975.3765.8265.1762.5060.78

ABB Ltd Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Jun15
DaysPayable 56.2562.5561.2063.2655.3365.9261.8362.2957.9464.62
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