Switch to:
GuruFocus has detected 8 Warning Signs with Honda Motor Co Ltd $HMC.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Honda Motor Co Ltd (NYSE:HMC)
Days Payable
33.23 (As of Dec. 2016)

Honda Motor Co Ltd's payable for the three months ended in Dec. 2016 was $8,592 Mil. Honda Motor Co Ltd's cost of goods sold for the three months ended in Dec. 2016 was $23,593 Mil. Hence, Honda Motor Co Ltd's days payable for the three months ended in Dec. 2016 was 33.23.

HMC' s Days Payable Range Over the Past 10 Years
Min: 33.18   Max: 58.11
Current: 33.79

33.18
58.11

During the past 13 years, Honda Motor Co Ltd's highest Days Payable was 58.11. The lowest was 33.18. And the median was 44.52.

HMC's Days Payable is ranked lower than
72% of the 866 Companies
in the Global Auto Manufacturers industry.

( Industry Median: 53.20 vs. HMC: 33.79 )

Honda Motor Co Ltd's days payable increased from Dec. 2015 (32.32) to Dec. 2016 (33.23). It may suggest that Honda Motor Co Ltd delayed 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.

Honda Motor Co Ltd's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/100347.369251*365
=0.00

Honda Motor Co Ltd's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8591.71831263/23592.8691935*365 / 4
=33.23

* 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.

Honda Motor Co Ltd Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 52.5943.3733.1845.6638.8558.110.000.000.000.00

Honda Motor Co Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 39.1534.220.0035.1432.0132.320.0032.0735.6233.23
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK