ABB Ltd

Published by Stock Analysis on Net

Last updated: 2018-02-02 12:10:07

Payables Turnover

2016 2015 2014 2013

Selected Financial Data

USD in millions

Cost of sales 24,081 25,347 28,615 29,856
Accounts payable 4,446 4,342 4,765 5,112

Ratio

Payables turnover 5.42 5.84 6.01 5.84

2016 calculation:

Payables turnover = Cost of sales ÷ Accounts payable
= 24,081 ÷ 4,446 = 5.42