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GuruFocus has detected 5 Warning Signs with Crane Co $CR.
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Crane Co (NYSE:CR)
Days Payable
42.45 (As of Mar. 2017)

Crane Co's payable for the three months ended in Mar. 2017 was $200 Mil. Crane Co's cost of goods sold for the three months ended in Mar. 2017 was $430 Mil. Hence, Crane Co's days payable for the three months ended in Mar. 2017 was 42.45.

CR' s Days Payable Range Over the Past 10 Years
Min: 29.99   Max: 49.01
Current: 41.4

29.99
49.01

During the past 13 years, Crane Co's highest Days Payable was 49.01. The lowest was 29.99. And the median was 41.38.

CR's Days Payable is ranked lower than
65% of the 1323 Companies
in the Global Diversified Industrials industry.

( Industry Median: 66.49 vs. CR: 41.40 )

Crane Co's days payable declined from Mar. 2016 (42.64) to Mar. 2017 (42.45). It may suggest that Crane Co accelerated 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.

Crane Co's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=223.2/1758.3*365
=46.33

Crane Co's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=199.8/429.5*365 / 4
=42.45

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


Related Terms

Revenue


Historical Data

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

Crane Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 29.9937.9735.4539.8842.8739.0149.0143.7545.6346.33

Crane Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 43.3543.5041.0846.7146.1542.6441.8441.1446.9542.45
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