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Westinghouse Air Brake Technologies Corp (NYSE:WAB)
Days Payable
57.27 (As of Jun. 2016)

Westinghouse Air Brake Technologies Corp's payable for the three months ended in Jun. 2016 was $305 Mil. Westinghouse Air Brake Technologies Corp's cost of goods sold for the three months ended in Jun. 2016 was $486 Mil. Hence, Westinghouse Air Brake Technologies Corp's days payable for the three months ended in Jun. 2016 was 57.27.

WAB' s Days Payable Range Over the Past 10 Years
Min: 42.75   Max: 69.22
Current: 52.52

42.75
69.22

During the past 13 years, Westinghouse Air Brake Technologies Corp's highest Days Payable was 69.22. The lowest was 42.75. And the median was 52.61.

WAB's Days Payable is ranked higher than
66% of the 499 Companies
in the Global Railroads industry.

( Industry Median: 35.40 vs. WAB: 52.52 )

Westinghouse Air Brake Technologies Corp's days payable declined from Jun. 2015 (59.46) to Jun. 2016 (57.27). It may suggest that Westinghouse Air Brake Technologies Corp 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.

Westinghouse Air Brake Technologies Corp'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
=319.525/2260.182*365
=51.60

Westinghouse Air Brake Technologies Corp's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=305.16/486.212*365 / 4
=57.27

* 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.

Westinghouse Air Brake Technologies Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 42.7550.5751.7343.4058.8363.9153.4866.1569.2251.60

Westinghouse Air Brake Technologies Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 64.8871.6064.6164.4061.7759.4652.7351.5853.7157.27
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