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Dow Chemical Co (NYSE:DOW)
Days Payable
42.80 (As of Mar. 2016)

Dow Chemical Co's payable for the three months ended in Mar. 2016 was $3,729 Mil. Dow Chemical Co's cost of goods sold for the three months ended in Mar. 2016 was $7,951 Mil. Hence, Dow Chemical Co's days payable for the three months ended in Mar. 2016 was 42.80.

DOW' s Days Payable Range Over the Past 10 Years
Min: 34.46   Max: 57.5
Current: 37.55

34.46
57.5

During the past 13 years, Dow Chemical Co's highest Days Payable was 57.50. The lowest was 34.46. And the median was 49.95.

DOW's Days Payable is ranked lower than
63% of the 892 Companies
in the Global Chemicals industry.

( Industry Median: 47.65 vs. DOW: 37.55 )

Dow Chemical Co's days payable increased from Mar. 2015 (42.27) to Mar. 2016 (42.80). It may suggest that Dow Chemical Co 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.

Dow Chemical Co'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
=4481/47464*365
=34.46

Dow Chemical 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
=3729/7951*365 / 4
=42.80

* 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.

Dow Chemical Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 49.8751.4138.8257.5052.6650.0338.2635.2034.4634.51

Dow Chemical Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 34.7138.6636.1037.5535.2242.2740.4038.0037.0742.80
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