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DTE Energy Holding Co (NYSE:DTE)
Days Payable
34.03 (As of Dec. 2015)

DTE Energy Holding Co's payable for the three months ended in Dec. 2015 was $809 Mil. DTE Energy Holding Co's cost of goods sold for the three months ended in Dec. 2015 was $2,169 Mil. Hence, DTE Energy Holding Co's days payable for the three months ended in Dec. 2015 was 34.03.

DTE' s Days Payable Range Over the Past 10 Years
Min: 50.58   Max: 137.16
Current: 53.09

50.58
137.16

During the past 13 years, DTE Energy Holding Co's highest Days Payable was 137.16. The lowest was 50.58. And the median was 82.06.

DTE's Days Payable is ranked higher than
50% of the 459 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 64.81 vs. DTE: 53.09 )

DTE Energy Holding Co's days payable declined from Dec. 2014 (35.92) to Dec. 2015 (34.03). It may suggest that DTE Energy Holding Co 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.

DTE Energy Holding Co's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=809/5562*365
=53.09

DTE Energy Holding Co's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=809/2169*365 / 4
=34.03

* 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.

DTE Energy Holding Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 137.16122.1876.2084.6483.4180.7093.9172.7750.5853.09

DTE Energy Holding Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 81.7246.3540.0167.6571.1935.9253.8582.1472.3634.03
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