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C.H. Robinson Worldwide Inc (NAS:CHRW)
Days Payable
25.10 (As of Mar. 2016)

C.H. Robinson Worldwide Inc's payable for the three months ended in Mar. 2016 was $691 Mil. C.H. Robinson Worldwide Inc's cost of goods sold for the three months ended in Mar. 2016 was $2,511 Mil. Hence, C.H. Robinson Worldwide Inc's days payable for the three months ended in Mar. 2016 was 25.10.

CHRW' s Days Payable Range Over the Past 10 Years
Min: 22.72   Max: 31.9
Current: 23.04

22.72
31.9

During the past 13 years, C.H. Robinson Worldwide Inc's highest Days Payable was 31.90. The lowest was 22.72. And the median was 26.76.

CHRW's Days Payable is ranked lower than
71% of the 516 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 35.68 vs. CHRW: 23.04 )

C.H. Robinson Worldwide Inc's days payable declined from Mar. 2015 (26.03) to Mar. 2016 (25.10). It may suggest that C.H. Robinson Worldwide Inc 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.

C.H. Robinson Worldwide 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
=697.585/11207.604*365
=22.72

C.H. Robinson Worldwide Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=690.692/2510.608*365 / 4
=25.10

* 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.

C.H. Robinson Worldwide Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 31.2431.9028.8231.1826.5626.9524.2122.9322.8222.72

C.H. Robinson Worldwide Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 23.1126.6024.9523.8122.9026.0325.6725.7724.1125.10
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