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GuruFocus has detected 7 Warning Signs with CSX Corp $CSX.
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CSX Corp (NAS:CSX)
Days Payable
88.29 (As of Dec. 2016)

CSX Corp's payable for the three months ended in Dec. 2016 was $806 Mil. CSX Corp's cost of goods sold for the three months ended in Dec. 2016 was $833 Mil. Hence, CSX Corp's days payable for the three months ended in Dec. 2016 was 88.29.

CSX' s Days Payable Range Over the Past 10 Years
Min: 68.12   Max: 143.65
Current: 91.36

68.12
143.65

During the past 13 years, CSX Corp's highest Days Payable was 143.65. The lowest was 68.12. And the median was 89.13.

CSX's Days Payable is ranked higher than
77% of the 446 Companies
in the Global Railroads industry.

( Industry Median: 36.44 vs. CSX: 91.36 )

CSX Corp's days payable increased from Dec. 2015 (79.31) to Dec. 2016 (88.29). It may suggest that CSX Corp delayed 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.

CSX Corp's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=806/3220*365
=91.36

CSX Corp's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=806/833*365 / 4
=88.29

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

CSX Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 117.7394.00143.65104.2986.9082.0081.0368.1274.7891.36

CSX Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 81.1370.6177.5276.3283.7979.3192.3887.8199.7288.29
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