Switch to:
Campbell Soup Co (NYSE:CPB)
Days Payable
34.61 (As of Apr. 2015)

Campbell Soup Co's payable for the three months ended in Apr. 2015 was $462 Mil. Campbell Soup Co's cost of goods sold for the three months ended in Apr. 2015 was $1,218 Mil. Hence, Campbell Soup Co's days payable for the three months ended in Apr. 2015 was 34.61.

Campbell Soup Co's days payable declined from Apr. 2014 (35.33) to Apr. 2015 (34.61). It may suggest that Campbell Soup Co 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.

Campbell Soup Co's Days Payable for the fiscal year that ended in Jul. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=0/5370*365
=0.00

Campbell Soup Co's Days Payable for the quarter that ended in Apr. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=462/1218*365 / 4
=34.61

* 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.

Campbell Soup Co Annual Data

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
DaysPayable 54.5559.0957.7849.530.000.0046.2644.2037.140.00

Campbell Soup Co Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
DaysPayable 38.0340.0058.9941.4232.8435.330.0037.0130.9034.61
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK