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Avery Dennison Corp (NYSE:AVY)
Days Payable
72.48 (As of Sep. 2016)

Avery Dennison Corp's payable for the three months ended in Sep. 2016 was $867 Mil. Avery Dennison Corp's cost of goods sold for the three months ended in Sep. 2016 was $1,091 Mil. Hence, Avery Dennison Corp's days payable for the three months ended in Sep. 2016 was 72.48.

AVY' s Days Payable Range Over the Past 10 Years
Min: 49.29   Max: 73.16
Current: 73.16

49.29
73.16

During the past 13 years, Avery Dennison Corp's highest Days Payable was 73.16. The lowest was 49.29. And the median was 61.88.

AVY's Days Payable is ranked higher than
56% of the 1301 Companies
in the Global Business Equipment industry.

( Industry Median: 64.78 vs. AVY: 73.16 )

Avery Dennison Corp's days payable increased from Sep. 2015 (72.20) to Sep. 2016 (72.48). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=814.6/4321.1*365
=68.81

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=866.7/1091.1*365 / 4
=72.48

* 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.

Avery Dennison Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 56.9654.0649.2957.6763.9861.5267.7272.1162.2368.81

Avery Dennison Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 66.9568.2761.1968.5771.1172.2069.9671.8571.5272.48
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