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Nasdaq Inc (NAS:NDAQ)
Days Payable
0.00 (As of Sep. 2015)

Nasdaq Inc's payable for the three months ended in Sep. 2015 was $0 Mil. Nasdaq Inc's cost of goods sold for the three months ended in Sep. 2015 was $342 Mil. Hence, Nasdaq Inc's days payable for the three months ended in Sep. 2015 was 0.00.

During the past 13 years, Nasdaq Inc's highest Days Payable was 122.61. The lowest was 34.24. And the median was 49.14.

Nasdaq Inc's days payable declined from Sep. 2014 (51.74) to Sep. 2015 (0.00). It may suggest that Nasdaq Inc 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.

Nasdaq Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/1433*365
=0.00

Nasdaq Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/342*365 / 4
=0.00

* 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.

Nasdaq Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 64.2349.140.000.000.0034.2443.420.000.000.00

Nasdaq Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 77.820.0056.1350.1651.740.000.000.000.000.00
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