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Esterline Technologies (NYSE:ESL)
Days Payable
21.53 (As of Jul. 2014)

Esterline Technologies's payable for the three months ended in Jul. 2014 was $126 Mil. Esterline Technologies's revenue for the three months ended in Jul. 2014 was $531 Mil. Hence, Esterline Technologies's days payable for the three months ended in Jul. 2014 was 21.53.

Esterline Technologies's days payable declined from Jul. 2013 (22.65) to Jul. 2014 (21.53). It may suggest that Esterline Technologies 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.

Esterline Technologies's Days Payable for the fiscal year that ended in Oct. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=137.481/1969.754*365
=25.48

Esterline Technologies's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=125.685/531.124*91
=21.53

* 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.

Esterline Technologies Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
DaysPayable 22.5218.1124.8627.2923.1921.7820.9225.8821.4725.48

Esterline Technologies Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 22.7523.1520.1021.3920.8222.6523.4221.8021.4521.53
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