Switch to:
Ryder System Inc (NYSE:R)
Days Payable
31.33 (As of Sep. 2016)

Ryder System Inc's payable for the three months ended in Sep. 2016 was $458 Mil. Ryder System Inc's cost of goods sold for the three months ended in Sep. 2016 was $1,334 Mil. Hence, Ryder System Inc's days payable for the three months ended in Sep. 2016 was 31.33.

R' s Days Payable Range Over the Past 10 Years
Min: 29.11   Max: 50.93
Current: 32.02

29.11
50.93

During the past 13 years, Ryder System Inc's highest Days Payable was 50.93. The lowest was 29.11. And the median was 37.45.

R's Days Payable is ranked lower than
65% of the 173 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 50.85 vs. R: 32.02 )

Ryder System Inc's days payable declined from Sep. 2015 (39.03) to Sep. 2016 (31.33). It may suggest that Ryder System 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.

Ryder System Inc'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
=502.373/5086.449*365
=36.05

Ryder System Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=457.843/1333.598*365 / 4
=31.33

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Ryder System Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 50.9350.4534.5838.4426.4229.7629.0834.0238.9736.05

Ryder System Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 32.7735.3939.8046.1446.6039.0335.6533.7832.0431.33
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)
FEEDBACK