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Carbo Ceramics Inc (NYSE:CRR)
Days Payable
10.83 (As of Mar. 2016)

Carbo Ceramics Inc's payable for the three months ended in Mar. 2016 was $6.7 Mil. Carbo Ceramics Inc's cost of goods sold for the three months ended in Mar. 2016 was $56.7 Mil. Hence, Carbo Ceramics Inc's days payable for the three months ended in Mar. 2016 was 10.83.

CRR' s Days Payable Range Over the Past 10 Years
Min: 11.64   Max: 38.3
Current: 8.4

11.64
38.3

During the past 13 years, Carbo Ceramics Inc's highest Days Payable was 38.30. The lowest was 11.64. And the median was 18.41.

CRR's Days Payable is ranked lower than
95% of the 172 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 40.60 vs. CRR: 8.40 )

Carbo Ceramics Inc's days payable declined from Mar. 2015 (11.92) to Mar. 2016 (10.83). It may suggest that Carbo Ceramics 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.

Carbo Ceramics 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
=10.709/335.699*365
=11.64

Carbo Ceramics 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
=6.733/56.743*365 / 4
=10.83

* 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.

Carbo Ceramics Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 24.0813.5421.8914.4027.1138.3017.3618.9017.9111.64

Carbo Ceramics Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 19.3321.0022.1224.8016.5111.9214.5612.4113.5710.83
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