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LKQ Corp (NAS:LKQ)
Days Payable
46.99 (As of Mar. 2016)

LKQ Corp's payable for the three months ended in Mar. 2016 was $598 Mil. LKQ Corp's cost of goods sold for the three months ended in Mar. 2016 was $1,161 Mil. Hence, LKQ Corp's days payable for the three months ended in Mar. 2016 was 46.99.

LKQ' s Days Payable Range Over the Past 10 Years
Min: 16.26   Max: 42.65
Current: 49.08

16.26
42.65

During the past 13 years, LKQ Corp's highest Days Payable was 42.65. The lowest was 16.26. And the median was 34.09.

LKQ's Days Payable is ranked lower than
53% of the 990 Companies
in the Global Auto Parts industry.

( Industry Median: 51.98 vs. LKQ: 49.08 )

LKQ Corp's days payable increased from Mar. 2015 (33.77) to Mar. 2016 (46.99). It may suggest that LKQ Corp 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.

LKQ Corp's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=415.588/4359.104*365
=34.80

LKQ Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=597.826/1161.039*365 / 4
=46.99

* 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.

LKQ Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 16.2640.4722.0816.7220.2740.9933.3742.6535.7334.80

LKQ Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 41.3135.9934.5234.8535.8233.7732.1833.9536.0646.99
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