Switch to:
AK Steel Holding Corp (NYSE:AKS)
Days Payable
45.63 (As of Sep. 2015)

AK Steel Holding Corp's payable for the three months ended in Sep. 2015 was $762 Mil. AK Steel Holding Corp's cost of goods sold for the three months ended in Sep. 2015 was $1,524 Mil. Hence, AK Steel Holding Corp's days payable for the three months ended in Sep. 2015 was 45.63.

AKS' s Days Payable Range Over the Past 10 Years
Min: 19.57   Max: 48.79
Current: 42.56

19.57
48.79

During the past 13 years, AK Steel Holding Corp's highest Days Payable was 48.79. The lowest was 19.57. And the median was 36.02.

AKS's Days Payable is ranked lower than
53% of the 443 Companies
in the Global Steel industry.

( Industry Median: 46.39 vs. AKS: 42.56 )

AK Steel Holding Corp's days payable declined from Sep. 2014 (51.51) to Sep. 2015 (45.63). It may suggest that AK Steel Holding Corp 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.

AK Steel Holding Corp'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
=803.1/6007.7*365
=48.79

AK Steel Holding Corp's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=762.3/1524.4*365 / 4
=45.63

* 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.

AK Steel Holding Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 37.9636.2719.5742.7235.7735.2935.4743.0048.7942.56

AK Steel Holding Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 42.0941.4842.1841.3751.5140.3542.3144.0245.6348.63
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