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GuruFocus has detected 1 Warning Sign with TechnipFMC PLC $FTI.
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TechnipFMC PLC (NYSE:FTI)
Days Payable
0.00 (As of Dec. 2016)

TechnipFMC PLC's payable for the three months ended in Dec. 2016 was $0 Mil. TechnipFMC PLC's cost of goods sold for the three months ended in Dec. 2016 was $-8,152 Mil.

During the past 13 years, TechnipFMC PLC's highest Days Payable was 148.23. The lowest was 0.00. And the median was 107.54.

TechnipFMC PLC's days payable stayed the same from Dec. 2015 (0.00) to Dec. 2016 (0.00).


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.

TechnipFMC PLC'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
=0/0*365
=

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/-8152.15*365 / 4
=

* 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.

TechnipFMC PLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 94.0298.07101.39138.79148.23113.69122.4298.090.000.00

TechnipFMC PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 175.28138.48194.39176.92186.000.00208.19214.00203.620.00
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