Switch to:
Air Products & Chemicals Inc (NYSE:APD)
Days Accounts Payable
34.97 (As of Sep. 2014)

Air Products & Chemicals Inc's accounts payable for the three months ended in Sep. 2014 was $741 Mil. Air Products & Chemicals Inc's cost of goods sold for the three months ended in Sep. 2014 was $1,932 Mil. Hence, Air Products & Chemicals Inc's days accounts payable for the three months ended in Sep. 2014 was 34.97.

Air Products & Chemicals Inc's days accounts payable declined from Sep. 2013 (49.70) to Sep. 2014 (34.97). It may suggest that Air Products & Chemicals Inc accelerated paying its suppliers.


Definition

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.

Air Products & Chemicals Inc's Days Accounts Payable for the fiscal year that ended in Sep. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=740.6/7634.6*365
=35.41

Air Products & Chemicals Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=740.6/1932.4*365 / 4
=34.97

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Air Products & Chemicals Inc Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Days Accts Payable 83.6792.1146.7835.830.000.000.000.0050.0935.41

Air Products & Chemicals Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Days Accts Payable 0.000.000.000.000.0049.700.000.000.0034.97
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