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FMC Technologies Inc (NYSE:FTI)
Days Payable
40.45 (As of Sep. 2016)

FMC Technologies Inc's payable for the three months ended in Sep. 2016 was $375 Mil. FMC Technologies Inc's cost of goods sold for the three months ended in Sep. 2016 was $847 Mil. Hence, FMC Technologies Inc's days payable for the three months ended in Sep. 2016 was 40.45.

FTI' s Days Payable Range Over the Past 10 Years
Min: 35.66   Max: 51.18
Current: 35.66

35.66
51.18

During the past 13 years, FMC Technologies Inc's highest Days Payable was 51.18. The lowest was 35.66. And the median was 44.18.

FTI's Days Payable is ranked lower than
60% of the 146 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 47.18 vs. FTI: 35.66 )

FMC Technologies Inc's days payable declined from Sep. 2015 (41.77) to Sep. 2016 (40.45). It may suggest that FMC Technologies Inc 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.

FMC Technologies Inc'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
=519.3/4894.8*365
=38.72

FMC Technologies Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=375.3/846.7*365 / 4
=40.45

* 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.

FMC Technologies Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 51.1840.5344.3136.5540.8650.3250.1649.1844.0538.72

FMC Technologies Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 43.0943.6541.0343.6042.3341.7741.5240.2941.7640.45
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