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Apartment Investment & Management Co (NYSE:AIV)
Days Payable
47.32 (As of Sep. 2016)

Apartment Investment & Management Co's payable for the three months ended in Sep. 2016 was $47.9 Mil. Apartment Investment & Management Co's cost of goods sold for the three months ended in Sep. 2016 was $92.5 Mil. Hence, Apartment Investment & Management Co's days payable for the three months ended in Sep. 2016 was 47.32.

AIV' s Days Payable Range Over the Past 10 Years
Min: 20.83   Max: 875.65
Current: 48.64

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 36.10.

AIV's Days Payable is ranked lower than
58% of the 281 Companies
in the Global REIT - Residential industry.

( Industry Median: 61.79 vs. AIV: 48.64 )

Apartment Investment & Management Co's days payable increased from Sep. 2015 (37.61) to Sep. 2016 (47.32). It may suggest that Apartment Investment & Management Co 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.

Apartment Investment & Management Co'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
=36.123/365.248*365
=36.10

Apartment Investment & Management Co's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=47.944/92.461*365 / 4
=47.32

* 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.

Apartment Investment & Management Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.00875.6542.1420.8323.1930.7829.0541.4540.1636.10

Apartment Investment & Management Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 35.5037.9743.2747.8036.1237.6137.2038.5944.3547.32
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