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Consolidated Edison Inc (NYSE:ED)
Days Payable
90.16 (As of Mar. 2016)

Consolidated Edison Inc's payable for the three months ended in Mar. 2016 was $909 Mil. Consolidated Edison Inc's cost of goods sold for the three months ended in Mar. 2016 was $920 Mil. Hence, Consolidated Edison Inc's days payable for the three months ended in Mar. 2016 was 90.16.

ED' s Days Payable Range Over the Past 10 Years
Min: 55.88   Max: 114.09
Current: 99.46

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 71.50.

ED's Days Payable is ranked higher than
66% of the 430 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 70.57 vs. ED: 99.46 )

Consolidated Edison Inc's days payable increased from Mar. 2015 (65.77) to Mar. 2016 (90.16). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1008/3716*365
=99.01

Consolidated Edison Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=909/920*365 / 4
=90.16

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 61.3959.9755.8868.5973.2969.70114.0991.5783.7199.01

Consolidated Edison Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 99.8964.8291.1689.4191.3465.7798.85104.34135.0790.16
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