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HRG Group Inc (NYSE:HRG)
Days Payable
73.08 (As of Sep. 2016)

HRG Group Inc's payable for the three months ended in Sep. 2016 was $584 Mil. HRG Group Inc's cost of goods sold for the three months ended in Sep. 2016 was $729 Mil. Hence, HRG Group Inc's days payable for the three months ended in Sep. 2016 was 73.08.

HRG' s Days Payable Range Over the Past 10 Years
Min: 55.67   Max: 74.64
Current: 68.27

55.67
74.64

During the past 13 years, HRG Group Inc's highest Days Payable was 74.64. The lowest was 55.67. And the median was 68.14.

HRG's Days Payable is ranked higher than
65% of the 175 Companies
in the Global Conglomerates industry.

( Industry Median: 46.51 vs. HRG: 68.27 )

HRG Group Inc's days payable declined from Sep. 2015 (73.51) to Sep. 2016 (73.08). It may suggest that HRG Group Inc accelerated 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.

HRG Group Inc's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=583.5/3119.8*365
=68.27

HRG Group Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=583.5/728.6*365 / 4
=73.08

* 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.

HRG Group Inc Annual Data

Dec07Dec08Dec09Dec10Sep11Sep12Sep13Sep14Sep15Sep16
DaysPayable 0.000.000.000.0058.2955.6770.6668.0074.6468.27

HRG Group Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 0.0067.120.000.000.0073.510.000.000.0073.08
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