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Crane Co (NYSE:CR)
Days Payable
42.64 (As of Mar. 2016)

Crane Co's payable for the three months ended in Mar. 2016 was $199 Mil. Crane Co's cost of goods sold for the three months ended in Mar. 2016 was $426 Mil. Hence, Crane Co's days payable for the three months ended in Mar. 2016 was 42.64.

CR' s Days Payable Range Over the Past 10 Years
Min: 35.45   Max: 49.01
Current: 41.06

35.45
49.01

During the past 13 years, Crane Co's highest Days Payable was 49.01. The lowest was 35.45. And the median was 38.97.

CR's Days Payable is ranked lower than
69% of the 1424 Companies
in the Global Diversified Industrials industry.

( Industry Median: 61.73 vs. CR: 41.06 )

Crane Co's days payable declined from Mar. 2015 (43.50) to Mar. 2016 (42.64). It may suggest that Crane Co 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.

Crane Co'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
=223.3/1786.1*365
=45.63

Crane Co's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=199.1/426.1*365 / 4
=42.64

* 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.

Crane Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 38.5836.5737.9735.4538.9342.1139.0149.0143.7545.63

Crane Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 46.1342.2244.4243.0743.3543.5041.0846.7146.1542.64
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