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Airgas Inc (NYSE:ARG)
Days Payable
26.36 (As of Dec. 2015)

Airgas Inc's payable for the three months ended in Dec. 2015 was $160 Mil. Airgas Inc's cost of goods sold for the three months ended in Dec. 2015 was $554 Mil. Hence, Airgas Inc's days payable for the three months ended in Dec. 2015 was 26.36.

ARG' s Days Payable Range Over the Past 10 Years
Min: 27.99   Max: 37.43
Current: 24.99

27.99
37.43

During the past 13 years, Airgas Inc's highest Days Payable was 37.43. The lowest was 27.99. And the median was 31.96.

ARG's Days Payable is ranked lower than
80% of the 900 Companies
in the Global Chemicals industry.

( Industry Median: 47.07 vs. ARG: 24.99 )

Airgas Inc's days payable declined from Dec. 2014 (31.50) to Dec. 2015 (26.36). It may suggest that Airgas Inc 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.

Airgas Inc's Days Payable for the fiscal year that ended in Mar. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=206.187/2355.875*365
=31.94

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=159.887/553.582*365 / 4
=26.36

* 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.

Airgas Inc Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
DaysPayable 37.4334.1035.0227.9933.2831.1129.3429.9231.9831.94

Airgas Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 27.8026.9931.4529.6631.1131.5032.2728.7830.1526.36
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