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Assa Abloy AB (OTCPK:ASAZY)
Days Payable
54.99 (As of Sep. 2016)

Assa Abloy AB's payable for the three months ended in Sep. 2016 was $769 Mil. Assa Abloy AB's cost of goods sold for the three months ended in Sep. 2016 was $1,276 Mil. Hence, Assa Abloy AB's days payable for the three months ended in Sep. 2016 was 54.99.

ASAZY' s Days Payable Range Over the Past 10 Years
Min: 39.24   Max: 59.57
Current: 56.21

39.24
59.57

During the past 13 years, Assa Abloy AB's highest Days Payable was 59.57. The lowest was 39.24. And the median was 50.96.

ASAZY's Days Payable is ranked higher than
56% of the 172 Companies
in the Global Security & Protection Services industry.

( Industry Median: 48.82 vs. ASAZY: 56.21 )

Assa Abloy AB's days payable increased from Sep. 2015 (49.00) to Sep. 2016 (54.99). It may suggest that Assa Abloy AB delayed 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.

Assa Abloy AB's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=771.503920507/4909.93430502*365
=57.35

Assa Abloy AB's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=768.95124896/1275.91986965*365 / 4
=54.99

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Assa Abloy AB Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 39.2446.2648.6144.9551.8451.6450.2853.3059.5757.35

Assa Abloy AB Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 47.9347.7053.2154.2348.9749.0053.1355.4253.2254.99
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