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United States Steel Corp (NYSE:X)
Days Payable
52.34 (As of Dec. 2015)

United States Steel Corp's payable for the three months ended in Dec. 2015 was $1,508 Mil. United States Steel Corp's cost of goods sold for the three months ended in Dec. 2015 was $2,629 Mil. Hence, United States Steel Corp's days payable for the three months ended in Dec. 2015 was 52.34.

X' s Days Payable Range Over the Past 10 Years
Min: 1.71   Max: 49.4
Current: 50.8

1.71
49.4

During the past 13 years, United States Steel Corp's highest Days Payable was 49.40. The lowest was 1.71. And the median was 39.02.

X's Days Payable is ranked higher than
56% of the 456 Companies
in the Global Steel industry.

( Industry Median: 42.93 vs. X: 50.80 )

United States Steel Corp's days payable increased from Dec. 2014 (0.00) to Dec. 2015 (52.34). It may suggest that United States Steel 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.

United States Steel 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
=1508/11141*365
=49.40

United States Steel Corp's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1508/2629*365 / 4
=52.34

* 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 Steel Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 36.9643.1526.6545.8639.021.710.000.000.0049.40

United States Steel Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 0.000.0051.0946.030.000.0054.840.0052.3454.80
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