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Lamar Advertising Co (NAS:LAMR)
Days Payable
15.09 (As of Jun. 2015)

Lamar Advertising Co's payable for the three months ended in Jun. 2015 was $19 Mil. Lamar Advertising Co's cost of goods sold for the three months ended in Jun. 2015 was $116 Mil. Hence, Lamar Advertising Co's days payable for the three months ended in Jun. 2015 was 15.09.

Lamar Advertising Co's days payable increased from Jun. 2014 (14.47) to Jun. 2015 (15.09). It may suggest that Lamar Advertising Co 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.

Lamar Advertising Co's Days Payable for the fiscal year that ended in Mar. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/441.833*365
=0.00

Lamar Advertising Co's Days Payable for the quarter that ended in Jun. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=19.17/115.951*365 / 4
=15.09

* 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.

Lamar Advertising Co Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
DaysPayable 0.000.000.000.000.000.000.000.000.000.00

Lamar Advertising Co Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
DaysPayable 13.3013.4413.4111.0714.8014.4714.6012.9814.5515.09
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