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United Continental Holdings Inc (NYSE:UAL)
Days Payable
64.85 (As of Jun. 2016)

United Continental Holdings Inc's payable for the three months ended in Jun. 2016 was $2,240 Mil. United Continental Holdings Inc's cost of goods sold for the three months ended in Jun. 2016 was $3,152 Mil. Hence, United Continental Holdings Inc's days payable for the three months ended in Jun. 2016 was 64.85.

UAL' s Days Payable Range Over the Past 10 Years
Min: 24.32   Max: 358.55
Current: 64.81

24.32
358.55

During the past 13 years, United Continental Holdings Inc's highest Days Payable was 358.55. The lowest was 24.32. And the median was 46.31.

UAL's Days Payable is ranked higher than
61% of the 57 Companies
in the Global Airlines industry.

( Industry Median: 56.90 vs. UAL: 64.81 )

United Continental Holdings Inc's days payable increased from Jun. 2015 (54.79) to Jun. 2016 (64.85). It may suggest that United Continental Holdings 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.

United Continental Holdings 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
=1869/13666*365
=49.92

United Continental Holdings Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2240/3152*365 / 4
=64.85

* 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.

United Continental Holdings Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 358.5548.8824.3254.9457.6939.5343.7340.7938.0149.92

United Continental Holdings Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 31.9647.0940.2641.7852.9454.7954.5854.3566.2364.85
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