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FMC Corp (NYSE:FMC)
Days Payable
91.07 (As of Mar. 2016)

FMC Corp's payable for the three months ended in Mar. 2016 was $516 Mil. FMC Corp's cost of goods sold for the three months ended in Mar. 2016 was $517 Mil. Hence, FMC Corp's days payable for the three months ended in Mar. 2016 was 91.07.

FMC' s Days Payable Range Over the Past 10 Years
Min: 51.86   Max: 68.79
Current: 81.6

51.86
68.79

During the past 13 years, FMC Corp's highest Days Payable was 68.79. The lowest was 51.86. And the median was 65.30.

FMC's Days Payable is ranked higher than
78% of the 841 Companies
in the Global Chemicals industry.

( Industry Median: 45.18 vs. FMC: 81.60 )

FMC Corp's days payable increased from Mar. 2015 (70.66) to Mar. 2016 (91.07). 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 Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=516.4/517.4*365 / 4
=91.07

* 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 67.2265.3063.6754.5568.7963.090.0068.4451.8666.93

FMC Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 253.2874.7974.9674.9660.6170.6690.7972.3861.3191.07
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