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Ashland Global Holdings Inc (NYSE:ASH)
Days Payable
56.61 (As of Sep. 2016)

Ashland Global Holdings Inc's payable for the three months ended in Sep. 2016 was $541 Mil. Ashland Global Holdings Inc's cost of goods sold for the three months ended in Sep. 2016 was $872 Mil. Hence, Ashland Global Holdings Inc's days payable for the three months ended in Sep. 2016 was 56.61.

ASH' s Days Payable Range Over the Past 10 Years
Min: 54.84   Max: 92.31
Current: 59.48

54.84
92.31

During the past 13 years, Ashland Global Holdings Inc's highest Days Payable was 92.31. The lowest was 54.84. And the median was 62.54.

ASH's Days Payable is ranked higher than
59% of the 832 Companies
in the Global Chemicals industry.

( Industry Median: 49.48 vs. ASH: 59.48 )

Ashland Global Holdings Inc's days payable increased from Sep. 2015 (53.96) to Sep. 2016 (56.61). It may suggest that Ashland Global Holdings Inc 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.

Ashland Global Holdings Inc's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=541/3321*365
=59.46

Ashland Global Holdings Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=541/872*365 / 4
=56.61

* 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.

Ashland Global Holdings Inc Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysPayable 64.6062.5456.2292.3168.000.000.000.0054.8459.46

Ashland Global Holdings Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 0.000.000.000.000.0053.960.000.000.0056.61
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