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Andersons Inc (NAS:ANDE)
Days Payable
0.00 (As of Sep. 2015)

Andersons Inc's payable for the three months ended in Sep. 2015 was $0 Mil. Andersons Inc's cost of goods sold for the three months ended in Sep. 2015 was $851 Mil. Hence, Andersons Inc's days payable for the three months ended in Sep. 2015 was 0.00.

During the past 13 years, Andersons Inc's highest Days Payable was 62.27. The lowest was 35.47. And the median was 48.56.

Andersons Inc's days payable stayed the same from Sep. 2014 (0.00) to Sep. 2015 (0.00).


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.

Andersons Inc'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
=706.823/4142.932*365
=62.27

Andersons Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/850.584*365 / 4
=0.00

* 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.

Andersons Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 50.9051.8044.1035.4745.4745.2846.2155.5552.0262.27

Andersons Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 22.5736.4146.2135.610.000.0055.7138.990.000.00
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