Switch to:
Assa Abloy AB (OTCPK:ASAZY)
Days Payable
55.42 (As of Mar. 2016)

Assa Abloy AB's payable for the three months ended in Mar. 2016 was $699 Mil. Assa Abloy AB's cost of goods sold for the three months ended in Mar. 2016 was $1,151 Mil. Hence, Assa Abloy AB's days payable for the three months ended in Mar. 2016 was 55.42.

ASAZY' s Days Payable Range Over the Past 10 Years
Min: 39.24   Max: 59.57
Current: 50.63

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 lower than
59% of the 545 Companies
in the Global Building Materials industry.

( Industry Median: 60.74 vs. ASAZY: 50.63 )

Assa Abloy AB's days payable increased from Mar. 2015 (54.23) to Mar. 2016 (55.42). 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 Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=698.8512363/1150.68230328*365 / 4
=55.42

* 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.

Assa Abloy AB Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 39.2446.2649.3144.9551.8451.6450.2853.3059.5757.35

Assa Abloy AB Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 45.4249.4947.9347.7053.2154.2348.9749.0053.1355.42
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)
FEEDBACK