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Ball Corp (NYSE:BLL)
Days Payable
123.95 (As of Jun. 2016)

Ball Corp's payable for the three months ended in Jun. 2016 was $2,168 Mil. Ball Corp's cost of goods sold for the three months ended in Jun. 2016 was $1,596 Mil. Hence, Ball Corp's days payable for the three months ended in Jun. 2016 was 123.95.

BLL' s Days Payable Range Over the Past 10 Years
Min: 38.49   Max: 128.96
Current: 128.96

38.49
128.96

During the past 13 years, Ball Corp's highest Days Payable was 128.96. The lowest was 38.49. And the median was 46.47.

BLL's Days Payable is ranked higher than
92% of the 217 Companies
in the Global Packaging & Containers industry.

( Industry Median: 48.34 vs. BLL: 128.96 )

Ball Corp's days payable increased from Jun. 2015 (74.25) to Jun. 2016 (123.95). It may suggest that Ball Corp 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.

Ball Corp'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
=1500.8/6460.3*365
=84.79

Ball Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2168/1596*365 / 4
=123.95

* 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.

Ball Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 48.2544.7643.9638.4940.8743.6748.1853.0270.8584.79

Ball Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 54.8755.1563.1774.7074.3174.2578.3595.5081.13123.95
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