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FirstEnergy Corp (NYSE:FE)
Days Payable
53.64 (As of Sep. 2015)

FirstEnergy Corp's payable for the three months ended in Sep. 2015 was $994 Mil. FirstEnergy Corp's cost of goods sold for the three months ended in Sep. 2015 was $1,691 Mil. Hence, FirstEnergy Corp's days payable for the three months ended in Sep. 2015 was 53.64.

FE' s Days Payable Range Over the Past 10 Years
Min: 51.43   Max: 87.01
Current: 58.07

51.43
87.01

During the past 13 years, FirstEnergy Corp's highest Days Payable was 87.01. The lowest was 51.43. And the median was 60.50.

FE's Days Payable is ranked lower than
54% of the 452 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 64.13 vs. FE: 58.07 )

FirstEnergy Corp's days payable declined from Sep. 2014 (62.69) to Sep. 2015 (53.64). It may suggest that FirstEnergy Corp 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.

FirstEnergy Corp's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1279/6996*365
=66.73

FirstEnergy Corp's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=994/1691*365 / 4
=53.64

* 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.

FirstEnergy Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 66.1662.3156.5651.4751.4352.5658.6887.0170.6466.73

FirstEnergy Corp Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 58.1851.0970.7664.0874.9362.6974.8661.8468.7753.64
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