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Renewable Energy Group Inc (NAS:REGI)
Days Payable
80.22 (As of Mar. 2016)

Renewable Energy Group Inc's payable for the three months ended in Mar. 2016 was $247 Mil. Renewable Energy Group Inc's cost of goods sold for the three months ended in Mar. 2016 was $280 Mil. Hence, Renewable Energy Group Inc's days payable for the three months ended in Mar. 2016 was 80.22.

REGI' s Days Payable Range Over the Past 10 Years
Min: 9.61   Max: 67.7
Current: 68.65

9.61
67.7

During the past 8 years, Renewable Energy Group Inc's highest Days Payable was 67.70. The lowest was 9.61. And the median was 33.40.

REGI's Days Payable is ranked higher than
81% of the 112 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 28.00 vs. REGI: 68.65 )

Renewable Energy Group Inc's days payable increased from Mar. 2015 (66.65) to Mar. 2016 (80.22). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=236.817/1276.801*365
=67.70

Renewable Energy Group 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
=246.58/280.486*365 / 4
=80.22

* 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

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.0062.1940.1326.6715.809.6114.1366.1467.70

Renewable Energy Group Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 12.8619.4214.0813.4781.2966.6515.8518.3976.5980.22
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