Switch to:
GuruFocus has detected 3 Warning Signs with Baker Hughes Inc $BHI.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Baker Hughes Inc (NYSE:BHI)
Days Payable
52.58 (As of Mar. 2017)

Baker Hughes Inc's payable for the three months ended in Mar. 2017 was $1,088 Mil. Baker Hughes Inc's cost of goods sold for the three months ended in Mar. 2017 was $1,888 Mil. Hence, Baker Hughes Inc's days payable for the three months ended in Mar. 2017 was 52.58.

BHI' s Days Payable Range Over the Past 10 Years
Min: 35.68   Max: 51.89
Current: 43.15

35.68
51.89

During the past 13 years, Baker Hughes Inc's highest Days Payable was 51.89. The lowest was 35.68. And the median was 40.63.

BHI's Days Payable is ranked higher than
63% of the 150 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 48.46 vs. BHI: 43.15 )

Baker Hughes Inc's days payable increased from Mar. 2016 (39.58) to Mar. 2017 (52.58). It may suggest that Baker Hughes 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.

Baker Hughes Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1027/9973*365
=37.59

Baker Hughes Inc's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1088/1888*365 / 4
=52.58

* 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.

Baker Hughes Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 37.5540.7540.5148.8243.2836.5350.6451.8935.6837.59

Baker Hughes Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 49.5045.1645.4540.0141.2939.5830.0042.1543.7152.58
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