Switch to:
Mohawk Industries Inc (NYSE:MHK)
Days Accounts Payable
45.50 (As of Sep. 2014)

Mohawk Industries Inc's accounts payable for the three months ended in Sep. 2014 was $715 Mil. Mohawk Industries Inc's cost of goods sold for the three months ended in Sep. 2014 was $1,434 Mil. Hence, Mohawk Industries Inc's days accounts payable for the three months ended in Sep. 2014 was 45.50.

Mohawk Industries Inc's days accounts payable declined from Sep. 2013 (45.97) to Sep. 2014 (45.50). It may suggest that Mohawk Industries Inc 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.

Mohawk Industries Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=631.732/5427.945*365
=42.48

Mohawk Industries Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=715.099/1434.236*365 / 4
=45.50

* 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.

Mohawk Industries Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Days Accts Payable 53.3974.3923.9026.6322.6029.7732.9332.1932.9442.48

Mohawk Industries Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Days Accts Payable 32.1932.9933.1937.7745.4945.9740.8547.7844.0845.50
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK