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Consolidated Edison Inc (NYSE:ED)
Days Payable
32.39 (As of Jun. 2014)

Consolidated Edison Inc's payable for the three months ended in Jun. 2014 was $1,036 Mil. Consolidated Edison Inc's revenue for the three months ended in Jun. 2014 was $2,911 Mil. Hence, Consolidated Edison Inc's days payable for the three months ended in Jun. 2014 was 32.39.

Consolidated Edison Inc's days payable declined from Jun. 2013 (43.01) to Jun. 2014 (32.39). It may suggest that Consolidated Edison Inc 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.

Consolidated Edison Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=1493/12354*365
=44.11

Consolidated Edison Inc's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=1036/2911*91
=32.39

* 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 34.4138.5933.8633.0231.2031.6233.9932.4141.2444.11

Consolidated Edison Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 31.7231.7628.4843.1941.7343.0134.0647.3928.2732.39
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