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GuruFocus has detected 4 Warning Signs with General Dynamics Corp $GD.
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General Dynamics Corp (NYSE:GD)
Days Payable
37.98 (As of Mar. 2017)

General Dynamics Corp's payable for the three months ended in Mar. 2017 was $2,466 Mil. General Dynamics Corp's cost of goods sold for the three months ended in Mar. 2017 was $5,925 Mil. Hence, General Dynamics Corp's days payable for the three months ended in Mar. 2017 was 37.98.

GD' s Days Payable Range Over the Past 10 Years
Min: 28.29   Max: 39.4
Current: 36.27

28.29
39.4

During the past 13 years, General Dynamics Corp's highest Days Payable was 39.40. The lowest was 28.29. And the median was 34.86.

GD's Days Payable is ranked lower than
72% of the 149 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 54.51 vs. GD: 36.27 )

General Dynamics Corp's days payable increased from Mar. 2016 (32.21) to Mar. 2017 (37.98). It may suggest that General Dynamics 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.

General Dynamics Corp'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
=2538/25104*365
=36.90

General Dynamics Corp's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2466/5925*365 / 4
=37.98

* 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.

General Dynamics Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 35.0737.2732.7637.6039.4034.6432.0930.0628.2936.90

General Dynamics Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 27.7433.0632.7733.5928.6032.2131.7933.5535.1337.98
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