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FMC Corp (NYSE:FMC)
Days Payable
61.31 (As of Dec. 2015)

FMC Corp's payable for the three months ended in Dec. 2015 was $404 Mil. FMC Corp's cost of goods sold for the three months ended in Dec. 2015 was $601 Mil. Hence, FMC Corp's days payable for the three months ended in Dec. 2015 was 61.31.

FMC' s Days Payable Range Over the Past 10 Years
Min: 54.55   Max: 89.88
Current: 66.93

54.55
89.88

During the past 13 years, FMC Corp's highest Days Payable was 89.88. The lowest was 54.55. And the median was 67.22.

FMC's Days Payable is ranked higher than
68% of the 900 Companies
in the Global Chemicals industry.

( Industry Median: 47.61 vs. FMC: 66.93 )

FMC Corp's days payable increased from Dec. 2014 (60.61) to Dec. 2015 (61.31). It may suggest that FMC 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.

FMC 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
=403.6/2201.1*365
=66.93

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=403.6/600.7*365 / 4
=61.31

* 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.

FMC Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 67.2265.3063.6754.5568.7972.050.0089.8867.4366.93

FMC Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 0.00253.2874.7974.9674.9660.6170.6690.7972.3861.31
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