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NiSource Inc (NYSE:NI)
Days Payable
152.39 (As of Sep. 2015)

NiSource Inc's payable for the three months ended in Sep. 2015 was $349 Mil. NiSource Inc's cost of goods sold for the three months ended in Sep. 2015 was $209 Mil. Hence, NiSource Inc's days payable for the three months ended in Sep. 2015 was 152.39.

NI' s Days Payable Range Over the Past 10 Years
Min: 44.96   Max: 129.67
Current: 75.49

44.96
129.67

During the past 13 years, NiSource Inc's highest Days Payable was 129.67. The lowest was 44.96. And the median was 71.40.

NI's Days Payable is ranked higher than
59% of the 459 Companies
in the Global Utilities - Regulated Gas industry.

( Industry Median: 64.81 vs. NI: 75.49 )

NiSource Inc's days payable increased from Sep. 2014 (148.73) to Sep. 2015 (152.39). It may suggest that NiSource Inc 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.

NiSource 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
=670.6/2224.2*365
=110.05

NiSource 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
=349.2/209.1*365 / 4
=152.39

* 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.

NiSource Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.000.0044.9655.2671.4062.34129.67124.45110.05

NiSource Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 102.67138.79103.2261.42112.83148.73134.6163.84179.16152.39
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