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DryShips Inc's accounts payable for the three months ended in Sep. 2014 was $115 Mil. DryShips Inc's cost of goods sold for the three months ended in Sep. 2014 was $255 Mil. Hence, DryShips Inc's days accounts payable for the three months ended in Sep. 2014 was 41.19.
DryShips Inc's days accounts payable increased from Sep. 2013 (0.00) to Sep. 2014 (41.19). It may suggest that DryShips Inc delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
DryShips Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
DryShips Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
DryShips Inc Annual Data
|Days Accts Payable||27.64||62.19||65.03||28.01||28.53||31.22||23.45||54.49||70.20||52.49|
DryShips Inc Quarterly Data
|Days Accts Payable||32.75||35.25||57.87||65.48||48.71||0.00||47.90||67.89||61.64||41.19|