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FirstEnergy Corp (NYSE:FE)
Days Payable
60.63 (As of Mar. 2016)

FirstEnergy Corp's payable for the three months ended in Mar. 2016 was $1,000 Mil. FirstEnergy Corp's cost of goods sold for the three months ended in Mar. 2016 was $1,505 Mil. Hence, FirstEnergy Corp's days payable for the three months ended in Mar. 2016 was 60.63.

FE' s Days Payable Range Over the Past 10 Years
Min: 51.43   Max: 87.01
Current: 60.31

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 60.95.

FE's Days Payable is ranked lower than
57% of the 431 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 70.84 vs. FE: 60.31 )

FirstEnergy Corp's days payable declined from Mar. 2015 (61.84) to Mar. 2016 (60.63). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1075/6173*365
=63.56

FirstEnergy Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1000/1505*365 / 4
=60.63

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 62.3156.5651.4751.4352.5659.5987.0170.6466.7363.56

FirstEnergy Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 70.7664.0874.9362.6974.8661.8468.7753.6466.1060.63
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