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Ryder System Inc (NYSE:R)
Days Payable
33.78 (As of Mar. 2016)

Ryder System Inc's payable for the three months ended in Mar. 2016 was $475 Mil. Ryder System Inc's cost of goods sold for the three months ended in Mar. 2016 was $1,283 Mil. Hence, Ryder System Inc's days payable for the three months ended in Mar. 2016 was 33.78.

R' s Days Payable Range Over the Past 10 Years
Min: 29.11   Max: 58.79
Current: 33.78

29.11
58.79

During the past 13 years, Ryder System Inc's highest Days Payable was 58.79. The lowest was 29.11. And the median was 37.75.

R's Days Payable is ranked lower than
65% of the 179 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 50.43 vs. R: 33.78 )

Ryder System Inc's days payable declined from Mar. 2015 (46.14) to Mar. 2016 (33.78). 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. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=560.852/5255.422*365
=38.95

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=475.017/1283.105*365 / 4
=33.78

* 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.

Ryder System Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 50.9336.6635.5540.5938.8429.7629.1134.0438.9536.05

Ryder System Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 34.0835.3332.7635.3739.7846.1446.6039.0335.6533.78
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