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MeadWestvaco Corp's accounts payable for the three months ended in Sep. 2014 was $549 Mil. MeadWestvaco Corp's cost of goods sold for the three months ended in Sep. 2014 was $1,135 Mil. Hence, MeadWestvaco Corp's days accounts payable for the three months ended in Sep. 2014 was 44.14.
MeadWestvaco Corp's days accounts payable declined from Sep. 2013 (47.17) to Sep. 2014 (44.14). It may suggest that MeadWestvaco Corp accelerated 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.
MeadWestvaco Corp's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
MeadWestvaco Corp's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
MeadWestvaco Corp Annual Data
|Days Accts Payable||28.87||29.85||37.32||40.91||37.14||40.56||48.16||48.40||46.54||44.34|
MeadWestvaco Corp Quarterly Data
|Days Accts Payable||47.20||48.50||45.96||47.30||45.43||47.17||46.05||47.53||47.57||44.14|