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Time Warner Inc (NYSE:TWX)
Days Payable
13.05 (As of Sep. 2016)

Time Warner Inc's payable for the six months ended in Sep. 2016 was $554 Mil. Time Warner Inc's cost of goods sold for the six months ended in Sep. 2016 was $3,873 Mil. Hence, Time Warner Inc's days payable for the six months ended in Sep. 2016 was 26.11.

TWX' s Days Payable Range Over the Past 10 Years
Min: 12.34   Max: 21.5
Current: 12.58

12.34
21.5

During the past 13 years, Time Warner Inc's highest Days Payable was 21.50. The lowest was 12.34. And the median was 18.80.

TWX's Days Payable is ranked lower than
83% of the 279 Companies
in the Global Media - Diversified industry.

( Industry Median: 52.54 vs. TWX: 12.58 )

Time Warner Inc's days payable increased from Mar. 2016 (10.94) to Sep. 2016 (13.05). It may suggest that Time Warner Inc delayed 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 Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=554/3873*365 / 2
=26.11

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Time Warner Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 19.9119.5618.2817.3620.5521.5019.3112.3413.2014.75

Time Warner Inc Semi-Annual Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 11.5812.3711.8611.0513.5714.9613.6910.9412.0513.05
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