Switch to:
Newell Rubbermaid Inc (NYSE:NWL)
Days Payable
35.47 (As of Jun. 2014)

Newell Rubbermaid Inc's payable for the three months ended in Jun. 2014 was $593 Mil. Newell Rubbermaid Inc's revenue for the three months ended in Jun. 2014 was $1,521 Mil. Hence, Newell Rubbermaid Inc's days payable for the three months ended in Jun. 2014 was 35.47.

Newell Rubbermaid Inc's days payable declined from Jun. 2013 (40.61) to Jun. 2014 (35.47). It may suggest that Newell Rubbermaid 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.

Newell Rubbermaid Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=558.9/5692.5*365
=35.84

Newell Rubbermaid Inc's Days Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=592.9/1521*91
=35.47

* 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.

Newell Rubbermaid Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 36.9437.2532.3735.1430.2128.3729.9529.1632.6135.84

Newell Rubbermaid Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 50.0747.9231.4131.6041.8140.6135.1934.1440.0935.47
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