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Lamar Advertising Co (NAS:LAMR)
Days Payable
12.48 (As of Sep. 2015)

Lamar Advertising Co's payable for the three months ended in Sep. 2015 was $17 Mil. Lamar Advertising Co's cost of goods sold for the three months ended in Sep. 2015 was $122 Mil. Hence, Lamar Advertising Co's days payable for the three months ended in Sep. 2015 was 12.48.

LAMR' s Days Payable Range Over the Past 10 Years
Min: 9.8   Max: 17.49
Current: 13.03

9.8
17.49

During the past 13 years, Lamar Advertising Co's highest Days Payable was 17.49. The lowest was 9.80. And the median was 12.35.

LAMR's Days Payable is ranked lower than
86% of the 243 Companies
in the Global REIT - Diversified industry.

( Industry Median: 66.07 vs. LAMR: 13.03 )

Lamar Advertising Co's days payable declined from Sep. 2014 (14.60) to Sep. 2015 (12.48). It may suggest that Lamar Advertising 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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=16.368/453.269*365
=13.18

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=16.637/121.676*365 / 4
=12.48

* 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 14.1913.6117.4912.609.8012.1011.3011.8111.1513.18

Lamar Advertising Co Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 13.4413.4111.0714.8014.4714.6012.9814.5515.0912.48
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