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Emerson Electric Co (NYSE:EMR)
Days Payable
67.05 (As of Dec. 2015)

Emerson Electric Co's payable for the three months ended in Dec. 2015 was $2,075 Mil. Emerson Electric Co's cost of goods sold for the three months ended in Dec. 2015 was $2,824 Mil. Hence, Emerson Electric Co's days payable for the three months ended in Dec. 2015 was 67.05.

EMR' s Days Payable Range Over the Past 10 Years
Min: 56.72   Max: 74.91
Current: 59.29

56.72
74.91

During the past 13 years, Emerson Electric Co's highest Days Payable was 74.91. The lowest was 56.72. And the median was 66.69.

EMR's Days Payable is ranked lower than
54% of the 1419 Companies
in the Global Diversified Industrials industry.

( Industry Median: 63.07 vs. EMR: 59.29 )

Emerson Electric Co's days payable declined from Dec. 2014 (68.10) to Dec. 2015 (67.05). It may suggest that Emerson Electric 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.

Emerson Electric Co's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2358/13256*365
=64.93

Emerson Electric 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
=2075/2824*365 / 4
=67.05

* 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.

Emerson Electric Co Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 66.7564.9062.8856.7269.1666.6368.9767.5874.9164.93

Emerson Electric Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 62.0465.6667.3565.6968.7368.1067.9267.0562.4467.05
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