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GuruFocus has detected 6 Warning Signs with Westinghouse Air Brake Technologies Corp $WAB.
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Westinghouse Air Brake Technologies Corp (NYSE:WAB)
Days Payable
72.32 (As of Mar. 2017)

Westinghouse Air Brake Technologies Corp's payable for the three months ended in Mar. 2017 was $512 Mil. Westinghouse Air Brake Technologies Corp's cost of goods sold for the three months ended in Mar. 2017 was $646 Mil. Hence, Westinghouse Air Brake Technologies Corp's days payable for the three months ended in Mar. 2017 was 72.32.

WAB' s Days Payable Range Over the Past 10 Years
Min: 43.4   Max: 96.43
Current: 87.51

43.4
96.43

During the past 13 years, Westinghouse Air Brake Technologies Corp's highest Days Payable was 96.43. The lowest was 43.40. And the median was 56.16.

WAB's Days Payable is ranked higher than
79% of the 489 Companies
in the Global Railroads industry.

( Industry Median: 37.49 vs. WAB: 87.51 )

Westinghouse Air Brake Technologies Corp's days payable increased from Mar. 2016 (53.71) to Mar. 2017 (72.32). It may suggest that Westinghouse Air Brake Technologies 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.

Westinghouse Air Brake Technologies 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
=530.211/2006.949*365
=96.43

Westinghouse Air Brake Technologies 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
=512.23/646.327*365 / 4
=72.32

* 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.

Westinghouse Air Brake Technologies Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 50.5751.7343.4058.8363.9153.4866.1569.2251.6096.43

Westinghouse Air Brake Technologies Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
DaysPayable 64.4061.7759.4652.7351.5853.7157.2754.4989.4672.32
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