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GuruFocus has detected 5 Warning Signs with Fluor Corp $FLR.
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Fluor Corp (NYSE:FLR)
Days Payable
30.61 (As of Dec. 2016)

Fluor Corp's payable for the three months ended in Dec. 2016 was $1,591 Mil. Fluor Corp's cost of goods sold for the three months ended in Dec. 2016 was $4,741 Mil. Hence, Fluor Corp's days payable for the three months ended in Dec. 2016 was 30.61.

FLR' s Days Payable Range Over the Past 10 Years
Min: 20.13   Max: 31.82
Current: 31.82

20.13
31.82

During the past 13 years, Fluor Corp's highest Days Payable was 31.82. The lowest was 20.13. And the median was 25.87.

FLR's Days Payable is ranked lower than
75% of the 644 Companies
in the Global Engineering & Construction industry.

( Industry Median: 82.32 vs. FLR: 31.82 )

Fluor Corp's days payable increased from Dec. 2015 (28.06) to Dec. 2016 (30.61). It may suggest that Fluor Corp delayed 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.

Fluor Corp's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1590.506/18246.209*365
=31.82

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1590.506/4740.637*365 / 4
=30.61

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Fluor Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 22.6320.1323.5425.9628.4826.7223.0525.7827.1631.82

Fluor Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 26.2925.4726.8724.5127.5328.0634.5533.9531.6930.61
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