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GuruFocus has detected 3 Warning Signs with Arcos Dorados Holdings Inc $ARCO.
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Arcos Dorados Holdings Inc (NYSE:ARCO)
Days Payable
29.06 (As of Dec. 2016)

Arcos Dorados Holdings Inc's payable for the three months ended in Dec. 2016 was $218 Mil. Arcos Dorados Holdings Inc's cost of goods sold for the three months ended in Dec. 2016 was $684 Mil. Hence, Arcos Dorados Holdings Inc's days payable for the three months ended in Dec. 2016 was 29.06.

ARCO' s Days Payable Range Over the Past 10 Years
Min: 20.57   Max: 33.31
Current: 30.94

20.57
33.31

During the past 8 years, Arcos Dorados Holdings Inc's highest Days Payable was 33.31. The lowest was 20.57. And the median was 26.83.

ARCO's Days Payable is ranked lower than
64% of the 244 Companies
in the Global Restaurants industry.

( Industry Median: 40.34 vs. ARCO: 30.94 )

Arcos Dorados Holdings Inc's days payable increased from Dec. 2015 (28.00) to Dec. 2016 (29.06). It may suggest that Arcos Dorados Holdings Inc 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.

Arcos Dorados Holdings Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=187.685/2640.971*365
=25.94

Arcos Dorados Holdings Inc's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=217.914/684.269*365 / 4
=29.06

* 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.

Arcos Dorados Holdings Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 0.000.0020.5727.2726.8327.5033.3125.5425.940.00

Arcos Dorados Holdings Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 20.8228.000.0024.6423.4828.0026.3626.7924.8629.06
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