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Arcos Dorados Holdings Inc (NYSE:ARCO)
Days Payable
20.82 (As of Sep. 2014)

Arcos Dorados Holdings Inc's payable for the three months ended in Sep. 2014 was $182 Mil. Arcos Dorados Holdings Inc's cost of goods sold for the three months ended in Sep. 2014 was $797 Mil. Hence, Arcos Dorados Holdings Inc's days payable for the three months ended in Sep. 2014 was 20.82.

Arcos Dorados Holdings Inc's days payable declined from Sep. 2013 (23.08) to Sep. 2014 (20.82). It may suggest that Arcos Dorados Holdings 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.

Arcos Dorados Holdings Inc's Days Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=311.06/3408.7*365
=33.31

Arcos Dorados Holdings Inc's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=181.754/796.756*365 / 4
=20.82

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Arcos Dorados Holdings Inc Annual Data

Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.000.000.000.0020.5727.2722.3627.9933.31

Arcos Dorados Holdings Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 16.5117.5626.6123.1122.3323.0834.9524.2921.0920.82
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