Switch to:
Apartment Investment & Management Co (NYSE:AIV)
Days Payable
37.61 (As of Sep. 2015)

Apartment Investment & Management Co's payable for the three months ended in Sep. 2015 was $37.3 Mil. Apartment Investment & Management Co's cost of goods sold for the three months ended in Sep. 2015 was $90.5 Mil. Hence, Apartment Investment & Management Co's days payable for the three months ended in Sep. 2015 was 37.61.

AIV' s Days Payable Range Over the Past 10 Years
Min: 20.83   Max: 875.65
Current: 37.34

20.83
875.65

During the past 13 years, Apartment Investment & Management Co's highest Days Payable was 875.65. The lowest was 20.83. And the median was 34.63.

AIV's Days Payable is ranked lower than
69% of the 243 Companies
in the Global REIT - Residential industry.

( Industry Median: 66.07 vs. AIV: 37.34 )

Apartment Investment & Management Co's days payable declined from Sep. 2014 (37.97) to Sep. 2015 (37.61). It may suggest that Apartment Investment & Management Co 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.

Apartment Investment & Management Co'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
=41.919/380.626*365
=40.20

Apartment Investment & Management Co's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=37.311/90.526*365 / 4
=37.61

* 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.

Apartment Investment & Management Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.00875.6542.1420.8320.9728.5929.0541.4640.20

Apartment Investment & Management Co Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 31.7626.5641.7032.4935.5037.9743.4347.8036.1237.61
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK