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Halliburton Co's accounts payable for the three months ended in Sep. 2014 was $3,005 Mil. Halliburton Co's cost of goods sold for the three months ended in Sep. 2014 was $7,188 Mil. Hence, Halliburton Co's days accounts payable for the three months ended in Sep. 2014 was 38.15.
Halliburton Co's days accounts payable increased from Sep. 2013 (33.08) to Sep. 2014 (38.15). It may suggest that Halliburton Co delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Halliburton Co's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Halliburton Co's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Halliburton Co Annual Data
|Days Accts Payable||45.53||123.88||25.36||24.32||23.33||23.02||28.21||33.64||31.34||34.62|
Halliburton Co Quarterly Data
|Days Accts Payable||32.32||32.00||29.87||33.41||32.89||33.08||33.71||36.56||36.77||38.15|