Switch to:
NewMarket Corp (NYSE:NEU)
Days Payable
24.81 (As of Mar. 2014)

NewMarket Corp's payable for the three months ended in Mar. 2014 was $157 Mil. NewMarket Corp's revenue for the three months ended in Mar. 2014 was $576 Mil. Hence, NewMarket Corp's days payable for the three months ended in Mar. 2014 was 24.81.

NewMarket Corp's days payable increased from Mar. 2013 (24.59) to Mar. 2014 (24.81). It may suggest that NewMarket Corp 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.

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

Days Payable=Payable/Revenue*Days in Period
=162.476/2280.355*365
=26.01

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

Days Payable=Payable/Revenue*Days in Period
=157.132/576.422*91
=24.81

* 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.

NewMarket Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 30.9129.9823.5827.7815.8923.4226.2821.2022.0926.01

NewMarket Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
DaysPayable 22.4725.4021.9223.2723.7324.5924.5126.8126.5724.81
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide