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United Rentals Inc (NYSE:URI)
Days Payable
37.18 (As of Mar. 2016)

United Rentals Inc's payable for the three months ended in Mar. 2016 was $330 Mil. United Rentals Inc's cost of goods sold for the three months ended in Mar. 2016 was $810 Mil. Hence, United Rentals Inc's days payable for the three months ended in Mar. 2016 was 37.18.

URI' s Days Payable Range Over the Past 10 Years
Min: 26.48   Max: 43.89
Current: 35.89

26.48
43.89

During the past 13 years, United Rentals Inc's highest Days Payable was 43.89. The lowest was 26.48. And the median was 31.25.

URI's Days Payable is ranked lower than
64% of the 181 Companies
in the Global Rental & Leasing Services industry.

( Industry Median: 50.43 vs. URI: 35.89 )

United Rentals Inc's days payable declined from Mar. 2015 (53.64) to Mar. 2016 (37.18). It may suggest that United Rentals 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.

United Rentals 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
=271/3337*365
=29.64

United Rentals 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
=330/810*365 / 4
=37.18

* 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 Rentals Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 33.8529.3726.4826.7330.5143.8941.2635.9131.9829.64

United Rentals Inc Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 34.5656.7570.4153.8330.3553.6476.8550.4028.2637.18
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