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Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT)
Days Payable
20.97 (As of Mar. 2014)

Starwood Hotels & Resorts Worldwide Inc's payable for the three months ended in Mar. 2014 was $336 Mil. Starwood Hotels & Resorts Worldwide Inc's revenue for the three months ended in Mar. 2014 was $1,458 Mil. Hence, Starwood Hotels & Resorts Worldwide Inc's days payable for the three months ended in Mar. 2014 was 20.97.

Starwood Hotels & Resorts Worldwide Inc's days payable increased from Mar. 2013 (17.44) to Mar. 2014 (20.97). It may suggest that Starwood Hotels & Resorts Worldwide Inc 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.

Starwood Hotels & Resorts Worldwide Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=329/6115*365
=19.64

Starwood Hotels & Resorts Worldwide Inc's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=336/1458*91
=20.97

* 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.

Starwood Hotels & Resorts Worldwide Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 13.609.5310.9311.9235.6539.4136.7819.9222.8119.64

Starwood Hotels & Resorts Worldwide Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 18.2513.1114.2316.7023.4517.4417.4817.2619.8820.97
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