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Equifax Inc's accounts payable for the three months ended in Sep. 2014 was $35 Mil. Equifax Inc's cost of goods sold for the three months ended in Sep. 2014 was $211 Mil. Hence, Equifax Inc's days accounts payable for the three months ended in Sep. 2014 was 15.18.
Equifax Inc's days accounts payable increased from Sep. 2013 (9.23) to Sep. 2014 (15.18). It may suggest that Equifax 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.
Equifax Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Equifax Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Equifax Inc Annual Data
|Days Accts Payable||6.66||3.62||13.69||15.10||14.01||17.07||11.82||13.06||11.05||9.23|
Equifax Inc Quarterly Data
|Days Accts Payable||13.54||12.52||10.61||13.19||8.20||9.23||9.21||12.13||17.58||15.18|