Switch to:
Renewable Energy Group Inc (NAS:REGI)
Days Payable
15.85 (As of Jun. 2015)

Renewable Energy Group Inc's payable for the three months ended in Jun. 2015 was $62 Mil. Renewable Energy Group Inc's cost of goods sold for the three months ended in Jun. 2015 was $358 Mil. Hence, Renewable Energy Group Inc's days payable for the three months ended in Jun. 2015 was 15.85.

Renewable Energy Group Inc's days payable increased from Jun. 2014 (14.08) to Jun. 2015 (15.85). 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 Jun. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=62.175/357.855*365 / 4
=15.85

* 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

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
DaysPayable 58.4213.7211.7712.8619.4214.0813.4781.7366.6515.85
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)

GuruFocus Premium Plus Membership

FEEDBACK