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WSP Holdings Limited (NYSE:WH)
Days Payable
222.43 (As of Mar. 2013)

WSP Holdings Limited's payable for the three months ended in Mar. 2013 was $291.7 Mil. WSP Holdings Limited's revenue for the three months ended in Mar. 2013 was $119.3 Mil. Hence, WSP Holdings Limited's days payable for the three months ended in Mar. 2013 was 222.43.

WSP Holdings Limited's days payable increased from Mar. 2012 (202.62) to Mar. 2013 (222.43). It may suggest that WSP Holdings Limited 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.

WSP Holdings Limited's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable=Payable/Revenue*Days in Period
=380.573/561.297*365
=247.48

WSP Holdings Limited's Days Payable for the quarter that ended in Mar. 2013 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=291.702/119.34*91
=222.43

* 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.

WSP Holdings Limited Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
DaysPayable 0.000.0099.64112.34135.10143.24107.77191.61199.71247.48

WSP Holdings Limited Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
DaysPayable 162.29157.10136.41165.03189.35202.62162.02203.40263.66222.43
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