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ConAgra Foods Inc (NYSE:CAG)
Days Payable
30.81 (As of Feb. 2014)

ConAgra Foods Inc's payable for the three months ended in Feb. 2014 was $1,486 Mil. ConAgra Foods Inc's revenue for the three months ended in Feb. 2014 was $4,390 Mil. Hence, ConAgra Foods Inc's days payable for the three months ended in Feb. 2014 was 30.81.

ConAgra Foods Inc's days payable declined from Feb. 2013 (35.64) to Feb. 2014 (30.81). It may suggest that ConAgra Foods 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.

ConAgra Foods Inc's Days Payable for the fiscal year that ended in May. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=1501.6/15491.4*365
=35.38

ConAgra Foods Inc's Days Payable for the quarter that ended in Feb. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=1486/4389.7*91
=30.81

* 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.

ConAgra Foods Inc Annual Data

May04May05May06May07May08May09May10May11May12May13
DaysPayable 31.4325.0630.8925.8724.8123.7727.9231.9432.5035.38

ConAgra Foods Inc Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
DaysPayable 37.2531.3531.5333.7534.1135.6429.5333.6134.4330.81
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