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ArcelorMittal SA (NYSE:MT)
Days Payable
54.91 (As of Jun. 2014)

ArcelorMittal SA's payable for the three months ended in Jun. 2014 was $12,494 Mil. ArcelorMittal SA's revenue for the three months ended in Jun. 2014 was $20,704 Mil. Hence, ArcelorMittal SA's days payable for the three months ended in Jun. 2014 was 54.91.

ArcelorMittal SA's days payable declined from Jun. 2013 (56.32) to Jun. 2014 (54.91). It may suggest that ArcelorMittal SA 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.

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

Days Payable=Payable/Revenue*Days in Period
=12783/79440*365
=58.73

ArcelorMittal SA's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=12494/20704*91
=54.91

* 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.

ArcelorMittal SA Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 33.6332.4970.3248.5432.9465.7464.2151.3250.1358.73

ArcelorMittal SA Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 51.6250.4054.1354.5153.2556.3255.1758.6156.0254.91
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