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ConAgra Foods Inc (NYSE:CAG)
Days Accounts Payable
43.90 (As of Aug. 2014)

ConAgra Foods Inc's accounts payable for the three months ended in Aug. 2014 was $1,442 Mil. ConAgra Foods Inc's cost of goods sold for the three months ended in Aug. 2014 was $2,997 Mil. Hence, ConAgra Foods Inc's days accounts payable for the three months ended in Aug. 2014 was 43.90.

ConAgra Foods Inc's days accounts payable increased from Aug. 2013 (42.01) to Aug. 2014 (43.90). It may suggest that ConAgra Foods Inc delayed paying its suppliers.


Definition

Days Accounts Payable indicates the number of days that the accounts payable relative to cost of goods sold the company has. An increase of Days Accounts Payable may suggest that the company delays paying its suppliers.

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=1492.4/13980.1*365
=38.96

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

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=1441.8/2997.2*365 / 4
=43.90

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


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
Days Accts Payable 26.0536.1745.5032.2730.4037.2242.1341.6345.9438.96

ConAgra Foods Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Days Accts Payable 39.7545.7944.3846.0437.6342.0144.0039.7138.5843.90
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