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Esterline Technologies (NYSE:ESL)
Days Payable
31.15 (As of Jul. 2015)

Esterline Technologies's payable for the three months ended in Jul. 2015 was $111 Mil. Esterline Technologies's cost of goods sold for the three months ended in Jul. 2015 was $326 Mil. Hence, Esterline Technologies's days payable for the three months ended in Jul. 2015 was 31.15.

ESL' s Days Payable Range Over the Past 10 Years
Min: 26.38   Max: 39.5
Current: 42.19

26.38
39.5

During the past 13 years, Esterline Technologies's highest Days Payable was 39.50. The lowest was 26.38. And the median was 33.02.

ESL's Days Payable is ranked lower than
62% of the 154 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 60.34 vs. ESL: 42.19 )

Esterline Technologies's days payable declined from Jul. 2014 (34.20) to Jul. 2015 (31.15). 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/Cost of Goods Sold*Days in Period
=123.597/1184.068*365
=38.10

Esterline Technologies's Days Payable for the quarter that ended in Jul. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=111.415/326.421*365 / 4
=31.15

* 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 33.0226.3836.1339.5033.0231.4829.7238.7833.0638.10

Esterline Technologies Quarterly Data

Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15
DaysPayable 31.9535.7041.9133.6032.7034.200.0032.3033.4831.15
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