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Sherwin-Williams Co (NYSE:SHW)
Days Payable
80.17 (As of Mar. 2016)

Sherwin-Williams Co's payable for the three months ended in Mar. 2016 was $1,153 Mil. Sherwin-Williams Co's cost of goods sold for the three months ended in Mar. 2016 was $1,312 Mil. Hence, Sherwin-Williams Co's days payable for the three months ended in Mar. 2016 was 80.17.

SHW' s Days Payable Range Over the Past 10 Years
Min: 60.12   Max: 77.3
Current: 72.87

60.12
77.3

During the past 13 years, Sherwin-Williams Co's highest Days Payable was 77.30. The lowest was 60.12. And the median was 64.51.

SHW's Days Payable is ranked higher than
72% of the 897 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 47.82 vs. SHW: 72.87 )

Sherwin-Williams Co's days payable declined from Mar. 2015 (81.35) to Mar. 2016 (80.17). It may suggest that Sherwin-Williams Co accelerated 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.

Sherwin-Williams Co'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
=1157.561/5780.078*365
=73.10

Sherwin-Williams Co's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1152.923/1312.279*365 / 4
=80.17

* 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.

Sherwin-Williams Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 64.7261.3660.1264.2977.3070.1663.2365.4463.7773.10

Sherwin-Williams Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 68.3679.3069.5368.7970.3781.3571.4270.3582.3780.17
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