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TechnipFMC PLC  (NYSE:FTI) Days Payable: 118.10 (As of Jun. 2017)

TechnipFMC PLC's payable for the three months ended in Jun. 2017 was $4,092 Mil. TechnipFMC PLC's Cost of Goods Sold for the three months ended in Jun. 2017 was $3,162 Mil. Hence, TechnipFMC PLC's days payable for the three months ended in Jun. 2017 was 118.10.

NYSE:FTI' s Days Payable Range Over the Past 10 Years
Min: 94.02   Max: 148.23
Current: 135.52

94.02
148.23

During the past 13 years, TechnipFMC PLC's highest Days Payable was 148.23. The lowest was 94.02. And the median was 101.60.

NYSE:FTI's Days Payable is ranked higher than
79% of the 154 Companies
in the Global industry.

( Industry Median: 56.67 vs. NYSE:FTI: 135.52 )

TechnipFMC PLC's days payable declined from Mar. 2016 (279.19) to Jun. 2017 (118.10). It may suggest that TechnipFMC PLC 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.

TechnipFMC PLC Annual Data

Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 148.23 113.69 122.42 98.09 101.81

TechnipFMC PLC Quarterly Data

Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17
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 279.19 296.27 0.00 126.50 118.10

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.

TechnipFMC PLC'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
=2711.827/9721.864*365
=101.81

TechnipFMC PLC's Days Payable for the quarter that ended in Jun. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=4092.3/3162*365 / 4
=118.10

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


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