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Honda Motor Co Ltd (NYSE:HMC)
Days Accounts Payable
42.07 (As of Sep. 2014)

Honda Motor Co Ltd's accounts payable for the three months ended in Sep. 2014 was $9,692 Mil. Honda Motor Co Ltd's cost of goods sold for the three months ended in Sep. 2014 was $21,022 Mil. Hence, Honda Motor Co Ltd's days accounts payable for the three months ended in Sep. 2014 was 42.07.

Honda Motor Co Ltd's days accounts payable increased from Sep. 2013 (39.64) to Sep. 2014 (42.07). It may suggest that Honda Motor Co Ltd delayed paying its suppliers.


Definition

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.

Honda Motor Co Ltd's Days Accounts Payable for the fiscal year that ended in Mar. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=10454.8107517/85509.0183295*365
=44.63

Honda Motor Co Ltd's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=9692.36223738/21021.6854399*365 / 4
=42.07

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Honda Motor Co Ltd Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
Days Accts Payable 59.6657.2752.5943.3733.1845.6638.8558.1147.5444.63

Honda Motor Co Ltd Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Days Accts Payable 41.1240.8939.3442.5736.6439.6439.3242.9338.6042.07
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