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JPMorgan Chase & Co (NYSE:JPM)
Days Payable
758.71 (As of Jun. 2014)

JPMorgan Chase & Co's payable for the three months ended in Jun. 2014 was $203,885 Mil. JPMorgan Chase & Co's revenue for the three months ended in Jun. 2014 was $24,454 Mil. Hence, JPMorgan Chase & Co's days payable for the three months ended in Jun. 2014 was 758.71.

JPMorgan Chase & Co's days payable declined from Jun. 2013 (763.17) to Jun. 2014 (758.71). It may suggest that JPMorgan Chase & Co 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.

JPMorgan Chase & Co's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=194491/96606*365
=734.83

JPMorgan Chase & Co's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=203885/24454*91
=758.71

* 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.

JPMorgan Chase & Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 652.28532.82523.38483.160.00591.27605.40761.63734.43734.83

JPMorgan Chase & Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 849.80734.78751.15699.43763.17835.65764.32801.44758.71792.13
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