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Mueller Industries Inc (NYSE:MLI)
Days Payable
13.94 (As of Sep. 2014)

Mueller Industries Inc's payable for the three months ended in Sep. 2014 was $92 Mil. Mueller Industries Inc's revenue for the three months ended in Sep. 2014 was $603 Mil. Hence, Mueller Industries Inc's days payable for the three months ended in Sep. 2014 was 13.94.

Mueller Industries Inc's days payable increased from Sep. 2013 (13.20) to Sep. 2014 (13.94). It may suggest that Mueller 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.

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

Days Payable=Payable/Revenue*Days in Period
=80.897/2158.541*365
=13.68

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

Days Payable=Payable/Revenue*Days in Period
=92.342/602.82*91
=13.94

* 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.

Mueller Industries Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 21.1026.2113.9719.019.0917.4212.029.8914.6013.68

Mueller Industries Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 13.7711.5915.8113.3611.9913.2015.0917.3414.2413.94
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