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Carlisle Companies Inc (NYSE:CSL)
Days Payable
39.13 (As of Mar. 2015)

Carlisle Companies Inc's payable for the three months ended in Mar. 2015 was $230 Mil. Carlisle Companies Inc's cost of goods sold for the three months ended in Mar. 2015 was $536 Mil. Hence, Carlisle Companies Inc's days payable for the three months ended in Mar. 2015 was 39.13.

Carlisle Companies Inc's days payable declined from Mar. 2014 (41.78) to Mar. 2015 (39.13). It may suggest that Carlisle Companies 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.

Carlisle Companies Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=198/2384.5*365
=30.31

Carlisle Companies Inc's Days Payable for the quarter that ended in Mar. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=230/536.3*365 / 4
=39.13

* 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.

Carlisle Companies Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 26.7428.1322.9018.6627.4035.6837.3736.0631.0630.31

Carlisle Companies Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
DaysPayable 0.0050.4144.1841.9631.7141.7836.8233.2230.4039.13
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