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Renewable Energy Group Inc (NAS:REGI)
Days Payable
18.39 (As of Sep. 2015)

Renewable Energy Group Inc's payable for the three months ended in Sep. 2015 was $79 Mil. Renewable Energy Group Inc's cost of goods sold for the three months ended in Sep. 2015 was $390 Mil. Hence, Renewable Energy Group Inc's days payable for the three months ended in Sep. 2015 was 18.39.

REGI' s Days Payable Range Over the Past 10 Years
Min: 9.61   Max: 66.5
Current: 23.51

9.61
66.5

During the past 7 years, Renewable Energy Group Inc's highest Days Payable was 66.50. The lowest was 9.61. And the median was 26.67.

REGI's Days Payable is ranked lower than
59% of the 115 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 28.81 vs. REGI: 23.51 )

Renewable Energy Group Inc's days payable increased from Sep. 2014 (13.47) to Sep. 2015 (18.39). It may suggest that Renewable Energy Group 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.

Renewable Energy Group 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
=202.821/1113.219*365
=66.50

Renewable Energy Group 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
=78.689/390.451*365 / 4
=18.39

* 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.

Renewable Energy Group Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 0.000.000.0062.1940.1326.6715.809.6114.1366.50

Renewable Energy Group Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 13.7211.7712.8619.4214.0813.4781.7366.6515.8518.39
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