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Wisconsin Energy Corp (NYSE:WEC)
Days Payable
63.33 (As of Dec. 2014)

Wisconsin Energy Corp's payable for the three months ended in Dec. 2014 was $363 Mil. Wisconsin Energy Corp's cost of goods sold for the three months ended in Dec. 2014 was $524 Mil. Hence, Wisconsin Energy Corp's days payable for the three months ended in Dec. 2014 was 63.33.

Wisconsin Energy Corp's days payable increased from Dec. 2013 (63.28) to Dec. 2014 (63.33). It may suggest that Wisconsin Energy Corp 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.

Wisconsin Energy Corp'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
=363.3/2259.4*365
=58.69

Wisconsin Energy Corp's Days Payable for the quarter that ended in Dec. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=363.3/523.5*365 / 4
=63.33

* 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.

Wisconsin Energy Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysPayable 196.48184.09175.2165.3953.8062.1862.6281.7768.4458.69

Wisconsin Energy Corp Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
DaysPayable 64.6678.6443.3664.4667.6163.2843.6162.9270.5563.33
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