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A O Smith Corp's accounts payable for the three months ended in Sep. 2014 was $375 Mil. A O Smith Corp's cost of goods sold for the three months ended in Sep. 2014 was $366 Mil. Hence, A O Smith Corp's days accounts payable for the three months ended in Sep. 2014 was 93.37.
A O Smith Corp's days accounts payable increased from Sep. 2013 (92.57) to Sep. 2014 (93.37). It may suggest that A O Smith Corp delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
A O Smith Corp's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
A O Smith Corp's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
A O Smith Corp Annual Data
|Days Accts Payable||42.77||55.98||61.63||62.01||55.47||76.61||92.01||92.17||93.26||102.39|
A O Smith Corp Quarterly Data
|Days Accts Payable||78.40||86.47||88.61||84.54||81.87||92.57||98.39||87.43||85.88||93.37|