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Anglogold Ashanti Ltd (NYSE:AU)
Days Payable
34.39 (As of Dec. 2015)

Anglogold Ashanti Ltd's payable for the three months ended in Dec. 2015 was $306 Mil. Anglogold Ashanti Ltd's cost of goods sold for the three months ended in Dec. 2015 was $812 Mil. Hence, Anglogold Ashanti Ltd's days payable for the three months ended in Dec. 2015 was 34.39.

AU' s Days Payable Range Over the Past 10 Years
Min: 33.91   Max: 110.7
Current: 33.42

33.91
110.7

During the past 13 years, Anglogold Ashanti Ltd's highest Days Payable was 110.70. The lowest was 33.91. And the median was 50.39.

AU's Days Payable is ranked lower than
60% of the 514 Companies
in the Global Gold industry.

( Industry Median: 44.62 vs. AU: 33.42 )

Anglogold Ashanti Ltd's days payable declined from Dec. 2014 (36.30) to Dec. 2015 (34.39). It may suggest that Anglogold Ashanti Ltd 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.

Anglogold Ashanti Ltd'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
=306/3294*365
=33.91

Anglogold Ashanti Ltd's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=306/812*365 / 4
=34.39

* 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.

Anglogold Ashanti Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 110.7071.0650.1650.3951.520.0060.3142.8734.5833.91

Anglogold Ashanti Ltd Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 72.6452.720.000.000.0036.300.000.0064.0934.39
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