Switch to:
GuruFocus has detected 5 Warning Signs with Marriott International Inc $MAR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Marriott International Inc (NAS:MAR)
Days Payable
12.84 (As of Mar. 2017)

Marriott International Inc's payable for the three months ended in Mar. 2017 was $661 Mil. Marriott International Inc's cost of goods sold for the three months ended in Mar. 2017 was $4,698 Mil. Hence, Marriott International Inc's days payable for the three months ended in Mar. 2017 was 12.84.

MAR' s Days Payable Range Over the Past 10 Years
Min: 15.14   Max: 26.1
Current: 15.14

15.14
26.1

During the past 13 years, Marriott International Inc's highest Days Payable was 26.10. The lowest was 15.14. And the median was 19.53.

MAR's Days Payable is ranked lower than
81% of the 533 Companies
in the Global Lodging industry.

( Industry Median: 44.58 vs. MAR: 15.14 )

Marriott International Inc's days payable declined from Mar. 2016 (16.97) to Mar. 2017 (12.84). It may suggest that Marriott International Inc 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.

Marriott International Inc'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
=687/14446*365
=17.36

Marriott International Inc's Days Payable for the quarter that ended in Mar. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=661/4698*365 / 4
=12.84

* 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.

Marriott International Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 26.1022.8321.2122.6518.1220.3818.4518.6717.5117.36

Marriott International Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 18.0618.4218.6217.2117.0416.9717.0918.1913.7112.84
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

FEEDBACK