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Health Management Associates, Inc. (NYSE:HMA)
Days Payable
10.28 (As of Sep. 2013)

Health Management Associates, Inc.'s payable for the three months ended in Sep. 2013 was $161 Mil. Health Management Associates, Inc.'s revenue for the three months ended in Sep. 2013 was $1,421 Mil. Hence, Health Management Associates, Inc.'s days payable for the three months ended in Sep. 2013 was 10.28.

Health Management Associates, Inc.'s days payable declined from Sep. 2012 (11.87) to Sep. 2013 (10.28). It may suggest that Health Management Associates, 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.

Health Management Associates, Inc.'s Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable=Payable/Revenue*Days in Period
=263.029/5865.505*365
=16.37

Health Management Associates, Inc.'s Days Payable for the quarter that ended in Sep. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=160.565/1421.243*91
=10.28

* 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.

Health Management Associates, Inc. Annual Data

Sep03Sep04Sep05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
DaysPayable 19.6416.1818.4917.4413.1515.4712.2713.2216.4616.37

Health Management Associates, Inc. Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
DaysPayable 12.5912.6415.0511.3711.2111.8716.2610.3810.9110.28
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