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Mueller Industries Inc's accounts payable for the three months ended in Sep. 2014 was $92 Mil. Mueller Industries Inc's cost of goods sold for the three months ended in Sep. 2014 was $521 Mil. Hence, Mueller Industries Inc's days accounts payable for the three months ended in Sep. 2014 was 16.16.
Mueller Industries Inc's days accounts payable increased from Sep. 2013 (15.34) to Sep. 2014 (16.16). It may suggest that Mueller Industries Inc delayed paying its suppliers.
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.
Mueller Industries Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Mueller Industries Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Mueller Industries Inc Annual Data
|Days Accts Payable||26.08||31.70||16.63||22.06||10.42||20.31||13.95||11.31||16.78||15.86|
Mueller Industries Inc Quarterly Data
|Days Accts Payable||15.69||13.29||18.21||15.52||13.97||15.34||17.50||20.15||16.63||16.16|