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Consolidated Edison Inc (NYSE:ED)
Days Payable
104.34 (As of Sep. 2015)

Consolidated Edison Inc's payable for the three months ended in Sep. 2015 was $1,092 Mil. Consolidated Edison Inc's cost of goods sold for the three months ended in Sep. 2015 was $955 Mil. Hence, Consolidated Edison Inc's days payable for the three months ended in Sep. 2015 was 104.34.

ED' s Days Payable Range Over the Past 10 Years
Min: 55.88   Max: 114.09
Current: 97.96

55.88
114.09

During the past 13 years, Consolidated Edison Inc's highest Days Payable was 114.09. The lowest was 55.88. And the median was 69.76.

ED's Days Payable is ranked higher than
71% of the 461 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 62.88 vs. ED: 97.96 )

Consolidated Edison Inc's days payable increased from Sep. 2014 (89.41) to Sep. 2015 (104.34). It may suggest that Consolidated Edison Inc 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.

Consolidated Edison Inc'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
=1019/4513*365
=82.41

Consolidated Edison Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1092/955*365 / 4
=104.34

* 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.

Consolidated Edison Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 69.8262.1759.9755.8868.5973.0169.70114.0991.5782.41

Consolidated Edison Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 96.3778.4499.8964.8291.1689.4189.9365.7798.85104.34
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