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

ConAgra Foods Inc's payable for the three months ended in Aug. 2014 was $1,442 Mil. ConAgra Foods Inc's revenue for the three months ended in Aug. 2014 was $3,701 Mil. Hence, ConAgra Foods Inc's days payable for the three months ended in Aug. 2014 was 35.45.

ConAgra Foods Inc's days payable declined from Aug. 2013 (38.01) to Aug. 2014 (35.45). 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. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=1492.4/17702.6*365
=30.77

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

Days Payable=Payable/Revenue*Days in Period
=1441.8/3701*91
=35.45

* 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 25.0630.8925.8724.8123.7727.9231.9432.5035.4530.77

ConAgra Foods Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 31.5333.7534.1135.6429.8738.0134.4330.8130.6235.45
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