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Trinity Industries Inc's accounts payable for the three months ended in Sep. 2014 was $324 Mil. Trinity Industries Inc's cost of goods sold for the three months ended in Sep. 2014 was $1,172 Mil. Hence, Trinity Industries Inc's days accounts payable for the three months ended in Sep. 2014 was 25.20.
Trinity Industries Inc's days accounts payable increased from Sep. 2013 (22.59) to Sep. 2014 (25.20). It may suggest that Trinity Industries Inc delayed 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.
Trinity Industries Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Trinity Industries Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Trinity Industries Inc Annual Data
|Days Accts Payable||92.65||90.66||91.08||80.80||0.00||13.38||28.37||30.49||22.51||23.76|
Trinity Industries Inc Quarterly Data
|Days Accts Payable||26.06||25.67||23.92||25.66||21.03||22.59||20.50||21.90||24.34||25.20|