Carillion (LSE:CLLN) Days Payable: 99.80 (As of Jun. 2017)


What is Carillion Days Payable?

Carillion LSE:CLLN Days Payable is 99.80 as of Jun. 2017.

Carillion's average Accounts Payable for the six months ended in Jun. 2017 was £1,403 Mil. Carillion's Cost of Goods Sold for the six months ended in Jun. 2017 was £2,566 Mil. Hence, Carillion's Days Payable for the six months ended in Jun. 2017 was 99.80.

The historical rank and industry rank for Carillion's Days Payable or its related term are showing as below:

LSE:CLLN's Days Payable is not ranked *
in the Construction industry.
Industry Median: 76.79
* Ranked among companies with meaningful Days Payable only.

Carillion's Days Payable declined from Jun. 2016 (114.25) to Jun. 2017 (99.80). It may suggest that Carillion accelerated paying its suppliers.

Carillion Days Payable Historical Data

* Premium members only.

The historical data trend for Carillion's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Carillion Days Payable Chart

Carillion Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 98.02 89.00 77.12 68.22 65.92

Carillion Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
Days Payable Get a 7-Day Free Trial 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 130.06 128.61 114.25 109.54 99.80

Carillion Days Payable Competitor Comparison

For the Engineering & Construction subindustry, Carillion's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.

Carillion Days Payable vs Construction Industry

For the Construction industry and Industrials sector, Carillion's Days Payable distribution charts can be found below:

* The bar in red indicates where Carillion's Days Payable falls into.


Carillion Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable (A: Dec. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2015 ) + Accounts Payable (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (654.2 + 806.6) / 2 ) / 4044.2*365
=730.4 / 4044.2*365
=65.92

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

Days Payable (Q: Jun. 2017 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2016 ) + Accounts Payable (Q: Jun. 2017 )) / count ) / Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=( (806.6 + 1999.8) / 2 ) / 2566*365 / 2
=1403.2 / 2566*365 / 2
=99.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 99.80 mean?
Carillion (LSE:CLLN) has a Days Payable of 99.80 as of Jun. 2017. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Carillion and its competitors.
Is Carillion's Days Payable too high?
Carillion's current Days Payable is 99.80. The Construction industry median Days Payable is 76.79. Carillion's value of 99.80 is 30% above this industry median.
How does Carillion's Days Payable compare to competitors?
Carillion's Days Payable of 99.80 can be compared against companies in the Construction industry. The industry median Days Payable is 76.79. Carillion's value of 99.80 is 30% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Construction company?
The median Days Payable among Construction companies is 76.79, based on 1,710 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carillion's current Days Payable of 99.80 is 30% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Carillion and its competitors. For the Construction industry, the median Days Payable is 76.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carillion's current Days Payable is 99.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carillion stock overvalued right now?
Carillion (LSE:CLLN) has a current Days Payable of 99.80. The current Days Payable is 99.80 and 30% above the Construction industry median of 76.79. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Carillion (LSE:CLLN), the current Days Payable is 99.80 as of Jun. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Carillion Business Description

Address 29 WELLINGTON STREET, CENTRAL SQUARE 8TH FLOOR, LEEDS, WEST YORKSHIRE, GBR, LS1 4DL
Carillion PLC offers support, financing, and construction services. It provides maintenance, facilities management, and energy services for buildings and large property estates. In addition, the company delivers infrastructure services for roads, railways, and utility networks.