Switch to:
Assurant Inc (NYSE:AIZ)
Days Payable
215.69 (As of Jun. 2014)

Assurant Inc's payable for the three months ended in Jun. 2014 was $6,182 Mil. Assurant Inc's revenue for the three months ended in Jun. 2014 was $2,608 Mil. Hence, Assurant Inc's days payable for the three months ended in Jun. 2014 was 215.69.

Assurant Inc's days payable declined from Jun. 2013 (225.54) to Jun. 2014 (215.69). It may suggest that Assurant Inc 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.

Assurant Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=5686.864/9047.657*365
=229.42

Assurant Inc's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=6181.731/2608.101*91
=215.69

* 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.

Assurant Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 265.58275.40171.94216.23225.50223.12224.68239.98257.95229.42

Assurant Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 230.93221.42231.60253.21243.71225.54232.57215.57214.65215.69
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)
Free 7-day Trial
FEEDBACK
Email Hide