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Avon Products Inc's accounts payable for the three months ended in Sep. 2014 was $937 Mil. Avon Products Inc's cost of goods sold for the three months ended in Sep. 2014 was $814 Mil. Hence, Avon Products Inc's days accounts payable for the three months ended in Sep. 2014 was 105.10.
Avon Products Inc's days accounts payable increased from Sep. 2013 (90.57) to Sep. 2014 (105.10). It may suggest that Avon Products Inc delayed paying its suppliers.
Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.
Avon Products Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as
Avon Products Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:
Avon Products Inc Annual Data
|Days Accts Payable||61.44||62.69||69.69||74.12||66.94||70.84||73.14||74.80||80.54||86.74|
Avon Products Inc Quarterly Data
|Days Accts Payable||80.04||87.14||69.70||86.28||84.00||90.57||78.66||82.24||98.63||105.10|