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FirstEnergy Corp's accounts payable for the three months ended in Sep. 2014 was $1,190 Mil. FirstEnergy Corp's cost of goods sold for the three months ended in Sep. 2014 was $1,732 Mil. Hence, FirstEnergy Corp's days accounts payable for the three months ended in Sep. 2014 was 62.69.
FirstEnergy Corp's days accounts payable increased from Sep. 2013 (51.09) to Sep. 2014 (62.69). It may suggest that FirstEnergy Corp delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
FirstEnergy Corp's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
FirstEnergy Corp's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
FirstEnergy Corp Annual Data
|Days Accts Payable||49.90||66.16||62.31||56.56||51.47||51.43||52.56||58.68||87.01||70.64|
FirstEnergy Corp Quarterly Data
|Days Accts Payable||52.98||43.33||137.65||56.86||58.02||51.09||70.76||64.08||74.93||62.69|