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Honda Motor Co Ltd (NYSE:HMC)
Days Payable
36.39 (As of Mar. 2016)

Honda Motor Co Ltd's payable for the three months ended in Mar. 2016 was $9,989 Mil. Honda Motor Co Ltd's cost of goods sold for the three months ended in Mar. 2016 was $25,046 Mil. Hence, Honda Motor Co Ltd's days payable for the three months ended in Mar. 2016 was 36.39.

HMC' s Days Payable Range Over the Past 10 Years
Min: 33.18   Max: 58.11
Current: 36.33

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 43.37.

HMC's Days Payable is ranked lower than
67% of the 980 Companies
in the Global Auto Manufacturers industry.

( Industry Median: 51.29 vs. HMC: 36.33 )

Honda Motor Co Ltd's days payable increased from Mar. 2015 (0.00) to Mar. 2016 (36.39). 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
=9988.70113529/100347.369251*365
=36.33

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9988.70113529/25045.5983572*365 / 4
=36.39

* 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.

Honda Motor Co Ltd Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 52.5943.3733.1845.6638.8558.110.000.000.0036.33

Honda Motor Co Ltd Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 39.320.0034.5339.1534.220.0035.1432.0132.3236.39
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