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GuruFocus has detected 1 Warning Sign with Resolute Forest Products Inc $RFP.
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Resolute Forest Products Inc (NYSE:RFP)
Days Payable
49.33 (As of Dec. 2016)

Resolute Forest Products Inc's payable for the three months ended in Dec. 2016 was USD 373 Mil. Resolute Forest Products Inc's cost of goods sold for the three months ended in Dec. 2016 was USD 690 Mil. Hence, Resolute Forest Products Inc's days payable for the three months ended in Dec. 2016 was 49.33.

RFP' s Days Payable Range Over the Past 10 Years
Min: 26.56   Max: 69.56
Current: 50.13

26.56
69.56

During the past 13 years, Resolute Forest Products Inc's highest Days Payable was 69.56. The lowest was 26.56. And the median was 38.39.

RFP's Days Payable is ranked higher than
52% of the 211 Companies
in the Global Paper & Paper Products industry.

( Industry Median: 49.11 vs. RFP: 50.13 )

Resolute Forest Products Inc's days payable increased from Dec. 2015 (44.19) to Dec. 2016 (49.33). It may suggest that Resolute Forest Products 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.

Resolute Forest Products Inc's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=373/2716*365
=50.13

Resolute Forest Products Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=373/690*365 / 4
=49.33

* 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.

Resolute Forest Products Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 69.5632.5027.1926.5629.6638.5438.2440.6745.5950.13

Resolute Forest Products Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 0.0041.650.000.000.0044.190.000.000.0049.33
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