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Cal-Maine Foods Inc (NAS:CALM)
Days Payable
0.00 (As of Aug. 2016)

Cal-Maine Foods Inc's payable for the three months ended in Aug. 2016 was $0 Mil. Cal-Maine Foods Inc's cost of goods sold for the three months ended in Aug. 2016 was $249 Mil. Hence, Cal-Maine Foods Inc's days payable for the three months ended in Aug. 2016 was 0.00.

CALM' s Days Payable Range Over the Past 10 Years
Min: 10.5   Max: 24.17
Current: 11.38

10.5
24.17

During the past 13 years, Cal-Maine Foods Inc's highest Days Payable was 24.17. The lowest was 10.50. And the median was 19.73.

CALM's Days Payable is ranked lower than
92% of the 997 Companies
in the Global Packaged Foods industry.

( Industry Median: 43.60 vs. CALM: 11.38 )

Cal-Maine Foods Inc's days payable stayed the same from Aug. 2015 (0.00) to Aug. 2016 (0.00).


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.

Cal-Maine Foods Inc's Days Payable for the fiscal year that ended in May. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=36.262/1260.576*365
=10.50

Cal-Maine Foods Inc's Days Payable for the quarter that ended in Aug. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/249.414*365 / 4
=0.00

* 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.

Cal-Maine Foods Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
DaysPayable 21.3021.1020.3319.1224.1722.1216.0612.5013.8210.50

Cal-Maine Foods Inc Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
DaysPayable 12.690.000.000.0013.890.000.000.0012.610.00
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