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General Dynamics Corp (NYSE:GD)
Days Payable
33.59 (As of Sep. 2015)

General Dynamics Corp's payable for the three months ended in Sep. 2015 was $2,387 Mil. General Dynamics Corp's cost of goods sold for the three months ended in Sep. 2015 was $6,484 Mil. Hence, General Dynamics Corp's days payable for the three months ended in Sep. 2015 was 33.59.

GD' s Days Payable Range Over the Past 10 Years
Min: 30.06   Max: 39.4
Current: 27.74

30.06
39.4

During the past 13 years, General Dynamics Corp's highest Days Payable was 39.40. The lowest was 30.06. And the median was 33.97.

GD's Days Payable is ranked lower than
83% of the 154 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 59.08 vs. GD: 27.74 )

General Dynamics Corp's days payable declined from Sep. 2014 (34.76) to Sep. 2015 (33.59). It may suggest that General Dynamics Corp 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.

General Dynamics Corp's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2057/24979*365
=30.06

General Dynamics Corp's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2387/6484*365 / 4
=33.59

* 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.

General Dynamics Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 33.3035.0737.2732.7637.6039.4034.6432.0930.0628.29

General Dynamics Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 35.5130.6834.2637.5634.7627.7433.0632.7733.5926.46
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