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Time Warner Inc (NYSE:TWX)
Days Payable
10.94 (As of Mar. 2016)

Time Warner Inc's payable for the three months ended in Mar. 2016 was $480 Mil. Time Warner Inc's cost of goods sold for the three months ended in Mar. 2016 was $4,005 Mil. Hence, Time Warner Inc's days payable for the three months ended in Mar. 2016 was 10.94.

TWX' s Days Payable Range Over the Past 10 Years
Min: 10.02   Max: 21.5
Current: 10.9

10.02
21.5

During the past 13 years, Time Warner Inc's highest Days Payable was 21.50. The lowest was 10.02. And the median was 17.39.

TWX's Days Payable is ranked lower than
84% of the 286 Companies
in the Global Media - Diversified industry.

( Industry Median: 50.00 vs. TWX: 10.90 )

Time Warner Inc's days payable declined from Mar. 2015 (11.05) to Mar. 2016 (10.94). It may suggest that Time Warner Inc 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.

Time Warner Inc'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
=653/16154*365
=14.75

Time Warner Inc's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=480/4005*365 / 4
=10.94

* 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.

Time Warner Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 19.6719.5610.0217.1120.5521.5017.6611.3613.2014.75

Time Warner Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 10.4115.2411.5812.3711.8611.0513.5714.9613.6910.94
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