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Broadwind Energy Inc's accounts payable for the three months ended in Sep. 2014 was $25.0 Mil. Broadwind Energy Inc's cost of goods sold for the three months ended in Sep. 2014 was $56.4 Mil. Hence, Broadwind Energy Inc's days accounts payable for the three months ended in Sep. 2014 was 40.48.
Broadwind Energy Inc's days accounts payable declined from Sep. 2013 (45.63) to Sep. 2014 (40.48). It may suggest that Broadwind Energy Inc accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Broadwind Energy Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Broadwind Energy Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Broadwind Energy Inc Annual Data
|Days Accts Payable||0.00||106.43||130.66||143.04||79.82||28.86||60.43||35.46||29.32||49.42|
Broadwind Energy Inc Quarterly Data
|Days Accts Payable||57.06||25.00||33.45||51.97||51.48||45.63||46.33||41.50||31.29||40.48|