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Matthews International Corporation (NAS:MATW)
Days Accounts Payable
0.00 (As of Sep. 2014)

Matthews International Corporation's accounts payable for the three months ended in Sep. 2014 was $0.0 Mil. Matthews International Corporation's cost of goods sold for the three months ended in Sep. 2014 was $233.1 Mil. Hence, Matthews International Corporation's days accounts payable for the three months ended in Sep. 2014 was 0.00.

Matthews International Corporation's days accounts payable declined from Sep. 2013 (25.41) to Sep. 2014 (0.00). It may suggest that Matthews International Corporation accelerated paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

Matthews International Corporation's Days Accounts Payable for the fiscal year that ended in Sep. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=0/714.101*365
=0.00

Matthews International Corporation's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=0/233.124*365 / 4
=0.00

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Matthews International Corporation Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
Days Accts Payable 38.1222.1417.7919.6221.4826.5931.1228.6826.250.00

Matthews International Corporation Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Days Accts Payable 28.3228.0826.0226.1023.8625.4126.0526.7627.720.00
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