Switch to:
United States Lime & Minerals Inc (NAS:USLM)
Days Payable
13.95 (As of Sep. 2015)

United States Lime & Minerals Inc's payable for the three months ended in Sep. 2015 was $4.1 Mil. United States Lime & Minerals Inc's cost of goods sold for the three months ended in Sep. 2015 was $26.7 Mil. Hence, United States Lime & Minerals Inc's days payable for the three months ended in Sep. 2015 was 13.95.

USLM' s Days Payable Range Over the Past 10 Years
Min: 14.49   Max: 41.39
Current: 14.56

14.49
41.39

During the past 13 years, United States Lime & Minerals Inc's highest Days Payable was 41.39. The lowest was 14.49. And the median was 21.76.

USLM's Days Payable is ranked lower than
96% of the 516 Companies
in the Global Building Materials industry.

( Industry Median: 66.70 vs. USLM: 14.56 )

United States Lime & Minerals Inc's days payable declined from Sep. 2014 (15.08) to Sep. 2015 (13.95). It may suggest that United States Lime & Minerals 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 States Lime & Minerals Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=5.166/113.05*365
=16.68

United States Lime & Minerals Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4.075/26.662*365 / 4
=13.95

* 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 States Lime & Minerals Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 41.3929.3622.9125.2317.1819.4414.4920.6016.680.00

United States Lime & Minerals Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 19.8022.4011.2314.5315.0817.1417.5612.8713.950.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK