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Morgan Stanley (NYSE:MS)
Days Payable
1,793.69 (As of Mar. 2014)

Morgan Stanley's payable for the three months ended in Mar. 2014 was $175,998 Mil. Morgan Stanley's revenue for the three months ended in Mar. 2014 was $8,929 Mil. Hence, Morgan Stanley's days payable for the three months ended in Mar. 2014 was 1,793.69.

Morgan Stanley's days payable increased from Mar. 2013 (1,531.11) to Mar. 2014 (1,793.69). It may suggest that Morgan Stanley 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.

Morgan Stanley's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=157125/32417*365
=1,769.15

Morgan Stanley's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=175998/8929*91
=1,793.69

* 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.

Morgan Stanley Annual Data

Dec94Dec95Dec96Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.00403.74363.74205.731,907.721,479.781,373.711,786.011,769.15

Morgan Stanley Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 1,955.781,724.161,620.402,148.151,670.891,531.111,557.741,744.871,827.501,793.69
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