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Brown-Forman Corp (NYSE:BF.B)
Days Payable
24.52 (As of Jul. 2014)

Brown-Forman Corp's payable for the three months ended in Jul. 2014 was $190 Mil. Brown-Forman Corp's revenue for the three months ended in Jul. 2014 was $705 Mil. Hence, Brown-Forman Corp's days payable for the three months ended in Jul. 2014 was 24.52.

Brown-Forman Corp's days payable increased from Jul. 2013 (14.46) to Jul. 2014 (24.52). It may suggest that Brown-Forman 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.

Brown-Forman Corp's Days Payable for the fiscal year that ended in Apr. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=262/2991*365
=31.97

Brown-Forman Corp's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=190/705*91
=24.52

* 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.

Brown-Forman Corp Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
DaysPayable 54.2054.2659.4153.7247.9614.9322.3025.2026.6531.97

Brown-Forman Corp Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 28.4011.661.058.4728.6814.461.6415.8334.6024.52
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