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Mobile Mini Inc (NAS:MINI)
Days Payable
752.64 (As of Sep. 2016)

Mobile Mini Inc's payable for the three months ended in Sep. 2016 was $32.1 Mil. Mobile Mini Inc's cost of goods sold for the three months ended in Sep. 2016 was $3.9 Mil. Hence, Mobile Mini Inc's days payable for the three months ended in Sep. 2016 was 752.64.

MINI' s Days Payable Range Over the Past 10 Years
Min: 199.94   Max: 691.84
Current: 691.84

199.94
691.84

During the past 13 years, Mobile Mini Inc's highest Days Payable was 691.84. The lowest was 199.94. And the median was 282.07.

MINI's Days Payable is ranked higher than
100% of the 226 Companies
in the Global Packaging & Containers industry.

( Industry Median: 50.92 vs. MINI: 691.84 )

Mobile Mini Inc's days payable declined from Sep. 2015 (792.97) to Sep. 2016 (752.64). It may suggest that Mobile Mini 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.

Mobile Mini Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=29.086/19.671*365
=539.70

Mobile Mini Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=32.143/3.897*365 / 4
=752.64

* 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.

Mobile Mini Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 402.00346.61278.96199.94225.78271.97285.17270.91381.45539.70

Mobile Mini Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 367.92418.44359.99541.58591.50792.97556.18617.61866.23752.64
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