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Harbinger Group Inc's accounts payable for the three months ended in Jun. 2014 was $0 Mil. Harbinger Group Inc's cost of goods sold for the three months ended in Jun. 2014 was $733 Mil. Hence, Harbinger Group Inc's days accounts payable for the three months ended in Jun. 2014 was 0.00.
Harbinger Group Inc's days accounts payable declined from Jun. 2013 (54.19) to Jun. 2014 (0.00). It may suggest that Harbinger Group Inc accelerated paying its suppliers.
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.
Harbinger Group Inc's Days Accounts Payable for the fiscal year that ended in Sep. 2013 is calculated as
Harbinger Group Inc's Days Accounts Payable for the quarter that ended in Jun. 2014 is calculated as:
Harbinger Group Inc Annual Data
|Days Accts Payable||22.53||15.83||0.00||0.00||0.00||0.00||0.00||58.28||55.68||70.66|
Harbinger Group Inc Quarterly Data
|Days Accts Payable||51.09||43.12||53.82||0.00||54.41||54.19||63.81||0.00||0.00||0.00|