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Marriott International Inc (NAS:MAR)
Days Payable
16.97 (As of Mar. 2016)

Marriott International Inc's payable for the three months ended in Mar. 2016 was $597 Mil. Marriott International Inc's cost of goods sold for the three months ended in Mar. 2016 was $3,211 Mil. Hence, Marriott International Inc's days payable for the three months ended in Mar. 2016 was 16.97.

MAR' s Days Payable Range Over the Past 10 Years
Min: 18.12   Max: 26.1
Current: 17.32

18.12
26.1

During the past 13 years, Marriott International Inc's highest Days Payable was 26.10. The lowest was 18.12. And the median was 20.76.

MAR's Days Payable is ranked lower than
80% of the 559 Companies
in the Global Lodging industry.

( Industry Median: 47.16 vs. MAR: 17.32 )

Marriott International Inc's days payable declined from Mar. 2015 (18.42) to Mar. 2016 (16.97). It may suggest that Marriott International 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.

Marriott International Inc'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
=605/11830*365
=18.67

Marriott International Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=597/3211*365 / 4
=16.97

* 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.

Marriott International Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 23.4726.1022.8321.2122.6518.1220.3018.3718.6717.51

Marriott International Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 18.2819.6919.0118.8918.0618.4218.6217.2117.0416.97
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