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Avery Dennison Corp (NYSE:AVY)
Days Payable
71.85 (As of Mar. 2016)

Avery Dennison Corp's payable for the three months ended in Mar. 2016 was $837 Mil. Avery Dennison Corp's cost of goods sold for the three months ended in Mar. 2016 was $1,063 Mil. Hence, Avery Dennison Corp's days payable for the three months ended in Mar. 2016 was 71.85.

AVY' s Days Payable Range Over the Past 10 Years
Min: 49.29   Max: 72.11
Current: 71.27

49.29
72.11

During the past 13 years, Avery Dennison Corp's highest Days Payable was 72.11. The lowest was 49.29. And the median was 57.97.

AVY's Days Payable is ranked higher than
56% of the 1422 Companies
in the Global Business Equipment industry.

( Industry Median: 62.15 vs. AVY: 71.27 )

Avery Dennison Corp's days payable increased from Mar. 2015 (68.57) to Mar. 2016 (71.85). It may suggest that Avery Dennison Corp 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.

Avery Dennison Corp's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=797.8/4679.1*365
=62.23

Avery Dennison Corp's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=836.9/1062.9*365 / 4
=71.85

* 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.

Avery Dennison Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 56.8254.0649.2957.6758.2759.6765.8472.1162.2368.81

Avery Dennison Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 69.5270.8466.9568.2761.1968.5771.1172.2069.9671.85
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