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GuruFocus has detected 6 Warning Signs with Campbell Soup Co $CPB.
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Campbell Soup Co (NYSE:CPB)
Days Payable
38.24 (As of Jan. 2017)

Campbell Soup Co's payable for the three months ended in Jan. 2017 was $564 Mil. Campbell Soup Co's cost of goods sold for the three months ended in Jan. 2017 was $1,346 Mil. Hence, Campbell Soup Co's days payable for the three months ended in Jan. 2017 was 38.24.

CPB' s Days Payable Range Over the Past 10 Years
Min: 35.82   Max: 57.78
Current: 40.7

35.82
57.78

During the past 13 years, Campbell Soup Co's highest Days Payable was 57.78. The lowest was 35.82. And the median was 44.76.

CPB's Days Payable is ranked lower than
54% of the 949 Companies
in the Global Packaged Foods industry.

( Industry Median: 45.59 vs. CPB: 40.70 )

Campbell Soup Co's days payable increased from Jan. 2016 (33.15) to Jan. 2017 (38.24). It may suggest that Campbell Soup Co 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.

Campbell Soup Co's Days Payable for the fiscal year that ended in Jul. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=610/5181*365
=42.97

Campbell Soup Co's Days Payable for the quarter that ended in Jan. 2017 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=564/1346*365 / 4
=38.24

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Campbell Soup Co Annual Data

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
DaysPayable 57.7849.5345.5643.9550.1847.7537.1435.8237.4642.97

Campbell Soup Co Quarterly Data

Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17
DaysPayable 37.0131.2134.6143.8935.7333.1536.7348.7843.7838.24
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