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Transocean Ltd's accounts payable for the three months ended in Sep. 2014 was $892 Mil. Transocean Ltd's cost of goods sold for the three months ended in Sep. 2014 was $1,318 Mil. Hence, Transocean Ltd's days accounts payable for the three months ended in Sep. 2014 was 61.76.
Transocean Ltd's days accounts payable declined from Sep. 2013 (63.34) to Sep. 2014 (61.76). It may suggest that Transocean Ltd accelerated paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Transocean Ltd's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Transocean Ltd's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Transocean Ltd Annual Data
|Days Accts Payable||38.23||53.87||80.79||105.65||62.30||55.39||73.28||51.98||62.59||69.71|
Transocean Ltd Quarterly Data
|Days Accts Payable||39.75||60.51||66.44||56.73||61.93||63.34||59.75||66.95||57.47||61.76|