Switch to:
Dover Corp (NYSE:DOV)
Days Payable
50.97 (As of Sep. 2015)

Dover Corp's payable for the three months ended in Sep. 2015 was $623 Mil. Dover Corp's cost of goods sold for the three months ended in Sep. 2015 was $1,115 Mil. Hence, Dover Corp's days payable for the three months ended in Sep. 2015 was 50.97.

DOV' s Days Payable Range Over the Past 10 Years
Min: 28.17   Max: 47.58
Current: 51.8

28.17
47.58

During the past 13 years, Dover Corp's highest Days Payable was 47.58. The lowest was 28.17. And the median was 39.02.

DOV's Days Payable is ranked lower than
62% of the 1449 Companies
in the Global Diversified Industrials industry.

( Industry Median: 67.09 vs. DOV: 51.80 )

Dover Corp's days payable increased from Sep. 2014 (48.01) to Sep. 2015 (50.97). It may suggest that Dover 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.

Dover Corp'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
=615.332/4778.479*365
=47.00

Dover Corp's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=622.807/1114.974*365 / 4
=50.97

* 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.

Dover Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 36.4232.9928.1735.4446.4341.6247.5843.5947.000.00

Dover Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 52.2651.0950.6547.7848.0144.7748.9750.1150.970.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK