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Norfolk Southern Corp (NYSE:NSC)
Days Payable
130.27 (As of Jun. 2016)

Norfolk Southern Corp's payable for the three months ended in Jun. 2016 was $1,085 Mil. Norfolk Southern Corp's cost of goods sold for the three months ended in Jun. 2016 was $760 Mil. Hence, Norfolk Southern Corp's days payable for the three months ended in Jun. 2016 was 130.27.

NSC' s Days Payable Range Over the Past 10 Years
Min: 28.19   Max: 130.11
Current: 120.63

28.19
130.11

During the past 13 years, Norfolk Southern Corp's highest Days Payable was 130.11. The lowest was 28.19. And the median was 111.10.

NSC's Days Payable is ranked higher than
86% of the 487 Companies
in the Global Railroads industry.

( Industry Median: 35.79 vs. NSC: 120.63 )

Norfolk Southern Corp's days payable increased from Jun. 2015 (112.49) to Jun. 2016 (130.27). It may suggest that Norfolk Southern 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.

Norfolk Southern Corp's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1091/3662*365
=108.74

Norfolk Southern Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1085/760*365 / 4
=130.27

* 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.

Norfolk Southern Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 124.05118.11101.76128.39130.1196.6728.19113.45107.13108.74

Norfolk Southern Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 104.26106.17119.29109.77107.00112.49115.81112.24141.42130.27
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