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GuruFocus has detected 2 Warning Signs with Masco Corp $MAS.
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Masco Corp (NYSE:MAS)
Days Payable
61.55 (As of Dec. 2016)

Masco Corp's payable for the three months ended in Dec. 2016 was $800 Mil. Masco Corp's cost of goods sold for the three months ended in Dec. 2016 was $1,186 Mil. Hence, Masco Corp's days payable for the three months ended in Dec. 2016 was 61.55.

MAS' s Days Payable Range Over the Past 10 Years
Min: 27.2   Max: 68.56
Current: 59.58

27.2
68.56

During the past 13 years, Masco Corp's highest Days Payable was 68.56. The lowest was 27.20. And the median was 52.07.

MAS's Days Payable is ranked higher than
50% of the 462 Companies
in the Global Building Materials industry.

( Industry Median: 59.50 vs. MAS: 59.58 )

Masco Corp's days payable increased from Dec. 2015 (57.77) to Dec. 2016 (61.55). It may suggest that Masco 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.

Masco Corp's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=800/4901*365
=59.58

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=800/1186*365 / 4
=61.55

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Masco Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 31.1027.2036.5438.8752.2151.9368.5653.2155.9259.58

Masco Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 70.9455.5279.8862.7960.3757.7766.1264.0462.5761.55
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