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Crown Castle International Corp (NYSE:CCI)
Days Payable
38.73 (As of Mar. 2016)

Crown Castle International Corp's payable for the three months ended in Mar. 2016 was $142 Mil. Crown Castle International Corp's cost of goods sold for the three months ended in Mar. 2016 was $334 Mil. Hence, Crown Castle International Corp's days payable for the three months ended in Mar. 2016 was 38.73.

CCI' s Days Payable Range Over the Past 10 Years
Min: 19.89   Max: 58.08
Current: 38.45

19.89
58.08

During the past 13 years, Crown Castle International Corp's highest Days Payable was 58.08. The lowest was 19.89. And the median was 25.84.

CCI's Days Payable is ranked lower than
69% of the 311 Companies
in the Global Telecom Services industry.

( Industry Median: 60.90 vs. CCI: 38.45 )

Crown Castle International Corp's days payable declined from Mar. 2015 (42.00) to Mar. 2016 (38.73). It may suggest that Crown Castle International Corp 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.

Crown Castle International 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
=159.629/1321.426*365
=44.09

Crown Castle International Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=141.574/333.592*365 / 4
=38.73

* 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.

Crown Castle International Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 24.8026.7922.9121.9624.8919.8958.0850.7043.8944.09

Crown Castle International Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 38.5236.7748.0741.7642.0043.0242.9242.5938.7337.44
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