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Expeditors International of Washington, Inc. (NAS:EXPD)
Days Payable
37.30 (As of Dec. 2013)

Expeditors International of Washington, Inc.'s payable for the three months ended in Dec. 2013 was $670 Mil. Expeditors International of Washington, Inc.'s revenue for the three months ended in Dec. 2013 was $1,634 Mil. Hence, Expeditors International of Washington, Inc.'s days payable for the three months ended in Dec. 2013 was 37.30.

Expeditors International of Washington, Inc.'s days payable declined from Dec. 2012 (39.10) to Dec. 2013 (37.30). It may suggest that Expeditors International of Washington, 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.

Expeditors International of Washington, Inc.'s Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=669.899/6080.257*365
=40.21

Expeditors International of Washington, Inc.'s Days Payable for the quarter that ended in Dec. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=669.899/1634.23*91
=37.30

* 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.

Expeditors International of Washington, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 48.1047.6046.2444.6333.6850.2041.8437.1940.4240.21

Expeditors International of Washington, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 37.1137.9742.4142.2541.0739.1042.3540.2440.3637.30
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