Switch to:
Airgas Inc  (NYSE:ARG) Days Payable: 27.52 (As of Mar. 2016)

Airgas Inc's payable for the three months ended in Mar. 2016 was $166 Mil. Airgas Inc's Cost of Goods Sold for the three months ended in Mar. 2016 was $550 Mil. Hence, Airgas Inc's days payable for the three months ended in Mar. 2016 was 27.52.

Airgas Inc's days payable declined from Mar. 2015 (32.27) to Mar. 2016 (27.52). It may suggest that Airgas Inc accelerated paying its suppliers.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Airgas Inc Annual Data

Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.34 30.12 31.98 31.94 26.29

Airgas Inc Quarterly Data

Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.27 28.78 30.15 26.36 27.52

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

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.

Airgas Inc's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=165.781/2301.598*365
=26.29

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=165.781/549.677*365 / 4
=27.52

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK