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CH Robinson Worldwide, Inc. (NAS:CHRW)
Days Payable
20.13 (As of Dec. 2013)

CH Robinson Worldwide, Inc.'s payable for the three months ended in Dec. 2013 was $698 Mil. CH Robinson Worldwide, Inc.'s revenue for the three months ended in Dec. 2013 was $3,153 Mil. Hence, CH Robinson Worldwide, Inc.'s days payable for the three months ended in Dec. 2013 was 20.13.

CH Robinson Worldwide, Inc.'s days payable declined from Dec. 2012 (23.31) to Dec. 2013 (20.13). It may suggest that CH 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.

CH Robinson Worldwide, Inc.'s Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=697.571/12752.076*365
=19.97

CH Robinson Worldwide, Inc.'s Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=697.571/3152.882*91
=20.13

* 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.

CH Robinson Worldwide, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 25.4830.4026.0828.3524.2027.1524.2022.8524.4519.97

CH Robinson Worldwide, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 26.7222.9329.4227.2224.1523.3121.6322.1121.4420.13
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