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Noble Corp PLC's accounts payable for the three months ended in Sep. 2014 was $268 Mil. Noble Corp PLC's cost of goods sold for the three months ended in Sep. 2014 was $398 Mil. Hence, Noble Corp PLC's days accounts payable for the three months ended in Sep. 2014 was 61.47.
Noble Corp PLC's days accounts payable declined from Sep. 2013 (96.53) to Sep. 2014 (61.47). It may suggest that Noble Corp PLC 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.
Noble Corp PLC's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Noble Corp PLC's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Noble Corp PLC Annual Data
|Days Accts Payable||44.75||45.29||80.98||64.13||83.41||65.01||108.64||107.78||66.65||59.32|
Noble Corp PLC Quarterly Data
|Days Accts Payable||55.04||56.35||62.14||57.50||60.45||96.53||25.19||49.38||55.12||61.47|