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Arthur J Gallagher & Co (NYSE:AJG)
Days Payable
241.28 (As of Sep. 2015)

Arthur J Gallagher & Co's payable for the three months ended in Sep. 2015 was $2,707 Mil. Arthur J Gallagher & Co's cost of goods sold for the three months ended in Sep. 2015 was $1,024 Mil. Hence, Arthur J Gallagher & Co's days payable for the three months ended in Sep. 2015 was 241.28.

AJG' s Days Payable Range Over the Past 10 Years
Min: 296.76   Max: 1717.42
Current: 277.79

296.76
1717.42

During the past 13 years, Arthur J Gallagher & Co's highest Days Payable was 1717.42. The lowest was 296.76. And the median was 424.87.

AJG's Days Payable is ranked higher than
88% of the 179 Companies
in the Global Insurance Brokers industry.

( Industry Median: 21.72 vs. AJG: 277.79 )

Arthur J Gallagher & Co's days payable declined from Sep. 2014 (282.25) to Sep. 2015 (241.28). It may suggest that Arthur J Gallagher & 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.

Arthur J Gallagher & 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
=2623.3/3226.5*365
=296.76

Arthur J Gallagher & 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
=2707.1/1023.8*365 / 4
=241.28

* 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.

Arthur J Gallagher & Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 1,717.421,565.240.000.00386.25435.90413.83370.57296.76277.79

Arthur J Gallagher & Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.00312.69282.74321.39282.25266.60252.45287.15241.28276.29
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