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Freeport-McMoRan Inc (NYSE:FCX)
Days Payable
0.00 (As of Jun. 2016)

Freeport-McMoRan Inc's payable for the three months ended in Jun. 2016 was $0 Mil. Freeport-McMoRan Inc's cost of goods sold for the three months ended in Jun. 2016 was $3,879 Mil. Hence, Freeport-McMoRan Inc's days payable for the three months ended in Jun. 2016 was 0.00.

During the past 13 years, Freeport-McMoRan Inc's highest Days Payable was 113.51. The lowest was 0.00. And the median was 45.43.

Freeport-McMoRan Inc's days payable stayed the same from Jun. 2015 (0.00) to Jun. 2016 (0.00).


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.

Freeport-McMoRan Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2342/28524*365
=29.97

Freeport-McMoRan Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/3879*365 / 4
=0.00

* 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.

Freeport-McMoRan Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 113.5144.6332.7339.9149.5445.2249.5053.4645.6429.97

Freeport-McMoRan Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 0.000.000.0030.480.000.000.0027.710.000.00
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