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ConAgra Foods Inc (NYSE:CAG)
Days Payable
45.98 (As of Nov. 2014)

ConAgra Foods Inc's payable for the three months ended in Nov. 2014 was $1,643 Mil. ConAgra Foods Inc's cost of goods sold for the three months ended in Nov. 2014 was $3,262 Mil. Hence, ConAgra Foods Inc's days payable for the three months ended in Nov. 2014 was 45.98.

ConAgra Foods Inc's days payable increased from Nov. 2013 (44.00) to Nov. 2014 (45.98). It may suggest that ConAgra Foods Inc 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.

ConAgra Foods Inc's Days Payable for the fiscal year that ended in May. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1492.4/13980.1*365
=38.96

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1643.4/3261.5*365 / 4
=45.98

* 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

May05May06May07May08May09May10May11May12May13May14
DaysPayable 33.3741.0734.7632.4230.4037.2242.1341.6345.9438.96

ConAgra Foods Inc Quarterly Data

Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14
DaysPayable 45.7944.3846.0437.6342.0144.0039.7138.5643.9045.98
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