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Mohawk Industries Inc (NYSE:MHK)
Days Payable
47.24 (As of Sep. 2015)

Mohawk Industries Inc's payable for the three months ended in Sep. 2015 was $771 Mil. Mohawk Industries Inc's cost of goods sold for the three months ended in Sep. 2015 was $1,489 Mil. Hence, Mohawk Industries Inc's days payable for the three months ended in Sep. 2015 was 47.24.

MHK' s Days Payable Range Over the Past 10 Years
Min: 22.6   Max: 42.48
Current: 49.42

22.6
42.48

During the past 13 years, Mohawk Industries Inc's highest Days Payable was 42.48. The lowest was 22.60. And the median was 31.06.

MHK's Days Payable is ranked lower than
58% of the 552 Companies
in the Global Home Furnishings & Fixtures industry.

( Industry Median: 55.90 vs. MHK: 49.42 )

Mohawk Industries Inc's days payable increased from Sep. 2014 (45.50) to Sep. 2015 (47.24). It may suggest that Mohawk Industries Inc 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.

Mohawk Industries 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
=622.36/5649.254*365
=40.21

Mohawk Industries Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=771.006/1489.252*365 / 4
=47.24

* 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.

Mohawk Industries Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 29.9323.9026.6322.6029.7732.9332.1932.9442.4840.21

Mohawk Industries Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 45.4945.9740.8547.7844.0845.5040.2842.2746.5447.24
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