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Airgas Inc's accounts payable for the three months ended in Sep. 2014 was $205 Mil. Airgas Inc's cost of goods sold for the three months ended in Sep. 2014 was $601 Mil. Hence, Airgas Inc's days accounts payable for the three months ended in Sep. 2014 was 31.11.
Airgas Inc's days accounts payable increased from Sep. 2013 (27.80) to Sep. 2014 (31.11). It may suggest that Airgas Inc 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.
Airgas Inc's Days Accounts Payable for the fiscal year that ended in Mar. 2014 is calculated as
Airgas Inc'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.
Airgas Inc Annual Data
|Days Accts Payable||44.33||37.43||34.10||35.07||27.99||33.20||31.11||29.34||29.92||31.98|
Airgas Inc Quarterly Data
|Days Accts Payable||27.71||27.25||27.07||29.08||26.68||27.80||26.99||31.45||29.66||31.11|