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American Electric Power Co Inc (NYSE:AEP)
Days Payable
73.94 (As of Sep. 2016)

American Electric Power Co Inc's payable for the three months ended in Sep. 2016 was $1,340 Mil. American Electric Power Co Inc's cost of goods sold for the three months ended in Sep. 2016 was $1,654 Mil. Hence, American Electric Power Co Inc's days payable for the three months ended in Sep. 2016 was 73.94.

AEP' s Days Payable Range Over the Past 10 Years
Min: 71.22   Max: 106.23
Current: 86.64

71.22
106.23

During the past 13 years, American Electric Power Co Inc's highest Days Payable was 106.23. The lowest was 71.22. And the median was 82.69.

AEP's Days Payable is ranked higher than
59% of the 410 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 68.67 vs. AEP: 86.64 )

American Electric Power Co Inc's days payable increased from Sep. 2015 (68.92) to Sep. 2016 (73.94). It may suggest that American Electric Power Co Inc 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.

American Electric Power Co 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
=1418/6108.2*365
=84.73

American Electric Power Co Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1340.3/1654.1*365 / 4
=73.94

* 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.

American Electric Power Co Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 106.2397.2982.2693.2877.0171.2280.8183.1272.2384.73

American Electric Power Co Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 73.9175.1476.2065.4283.1768.92101.4279.0986.5673.94
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