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HollyFrontier Corp's accounts payable for the three months ended in Sep. 2014 was $1,441 Mil. HollyFrontier Corp's cost of goods sold for the three months ended in Sep. 2014 was $4,907 Mil. Hence, HollyFrontier Corp's days accounts payable for the three months ended in Sep. 2014 was 26.80.
HollyFrontier Corp's days accounts payable declined from Sep. 2013 (29.11) to Sep. 2014 (26.80). It may suggest that HollyFrontier Corp accelerated 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.
HollyFrontier Corp's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
HollyFrontier Corp'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.
HollyFrontier Corp Annual Data
|Days Accts Payable||75.06||73.33||52.06||67.83||25.73||77.46||61.09||40.90||28.49||26.17|
HollyFrontier Corp Quarterly Data
|Days Accts Payable||25.62||33.80||27.44||30.12||30.71||29.11||26.15||32.49||29.98||26.80|