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Watsco Inc (NYSE:WSO)
Days Payable
27.03 (As of Jun. 2016)

Watsco Inc's payable for the three months ended in Jun. 2016 was $273 Mil. Watsco Inc's cost of goods sold for the three months ended in Jun. 2016 was $923 Mil. Hence, Watsco Inc's days payable for the three months ended in Jun. 2016 was 27.03.

WSO' s Days Payable Range Over the Past 10 Years
Min: 17.06   Max: 34.99
Current: 31.83

17.06
34.99

During the past 13 years, Watsco Inc's highest Days Payable was 34.99. The lowest was 17.06. And the median was 22.93.

WSO's Days Payable is ranked lower than
76% of the 1806 Companies
in the Global Electronics Distribution industry.

( Industry Median: 54.39 vs. WSO: 31.83 )

Watsco Inc's days payable increased from Jun. 2015 (23.93) to Jun. 2016 (27.03). It may suggest that Watsco Inc 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.

Watsco 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
=145.162/3105.882*365
=17.06

Watsco Inc's Days Payable for the quarter that ended in Jun. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=273.315/922.574*365 / 4
=27.03

* 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.

Watsco Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 28.5624.6718.5234.9930.6220.6725.7918.1121.1817.06

Watsco Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 41.4027.5523.7923.8835.9623.9320.5419.4331.7827.03
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