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Two Harbors Investment Corp (NYSE:TWO)
Days Payable
191.22 (As of Mar. 2014)

Two Harbors Investment Corp's payable for the three months ended in Mar. 2014 was $291.1 Mil. Two Harbors Investment Corp's revenue for the three months ended in Mar. 2014 was $138.5 Mil. Hence, Two Harbors Investment Corp's days payable for the three months ended in Mar. 2014 was 191.22.

Two Harbors Investment Corp's days payable declined from Mar. 2013 (689.59) to Mar. 2014 (191.22). It may suggest that Two Harbors Investment Corp 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.

Two Harbors Investment Corp's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=318.848/555.591*365
=209.47

Two Harbors Investment Corp's Days Payable for the quarter that ended in Mar. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=291.1/138.535*91
=191.22

* 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.

Two Harbors Investment Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.000.000.000.00464.962,476.01215.63462.99209.47

Two Harbors Investment Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 613.07218.49238.28283.82689.59283.92286.40211.09191.22153.34
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