Switch to:
Airgas Inc (NYSE:ARG)
Days Payable
14.13 (As of Mar. 2014)

Airgas Inc's payable for the three months ended in Mar. 2014 was $197 Mil. Airgas Inc's revenue for the three months ended in Mar. 2014 was $1,268 Mil. Hence, Airgas Inc's days payable for the three months ended in Mar. 2014 was 14.13.

Airgas Inc's days payable declined from Mar. 2013 (14.87) to Mar. 2014 (14.13). 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. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=196.911/5072.537*365
=14.17

Airgas Inc's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=196.911/1267.83*91
=14.13

* 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

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
DaysPayable 22.0818.5416.6716.8213.1614.8414.0015.0115.2014.17

Airgas Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 14.3117.3014.0711.8614.8714.9914.1013.1714.1313.14
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
Email Hide