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Cincinnati Bell Inc (NYSE:CBB)
Days Payable
76.13 (As of Jun. 2016)

Cincinnati Bell Inc's payable for the three months ended in Jun. 2016 was $143 Mil. Cincinnati Bell Inc's cost of goods sold for the three months ended in Jun. 2016 was $171 Mil. Hence, Cincinnati Bell Inc's days payable for the three months ended in Jun. 2016 was 76.13.

CBB' s Days Payable Range Over the Past 10 Years
Min: 47.59   Max: 74.16
Current: 76.98

47.59
74.16

During the past 13 years, Cincinnati Bell Inc's highest Days Payable was 74.16. The lowest was 47.59. And the median was 64.40.

CBB's Days Payable is ranked higher than
59% of the 297 Companies
in the Global Telecom Services industry.

( Industry Median: 64.49 vs. CBB: 76.98 )

Cincinnati Bell Inc's days payable increased from Jun. 2015 (69.59) to Jun. 2016 (76.13). It may suggest that Cincinnati Bell 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.

Cincinnati Bell Inc'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
=127.4/670.6*365
=69.34

Cincinnati Bell Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=142.5/170.8*365 / 4
=76.13

* 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.

Cincinnati Bell Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 47.5963.1663.2165.5966.540.000.0058.1374.1669.34

Cincinnati Bell Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 67.3962.2371.4469.2561.3869.5975.1469.7866.4076.13
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