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Campbell Soup Co (NYSE:CPB)
Days Payable
36.73 (As of Apr. 2016)

Campbell Soup Co's payable for the three months ended in Apr. 2016 was $487 Mil. Campbell Soup Co's cost of goods sold for the three months ended in Apr. 2016 was $1,210 Mil. Hence, Campbell Soup Co's days payable for the three months ended in Apr. 2016 was 36.73.

CPB' s Days Payable Range Over the Past 10 Years
Min: 35.82   Max: 59.09
Current: 34.53

35.82
59.09

During the past 13 years, Campbell Soup Co's highest Days Payable was 59.09. The lowest was 35.82. And the median was 46.26.

CPB's Days Payable is ranked lower than
59% of the 1071 Companies
in the Global Packaged Foods industry.

( Industry Median: 43.86 vs. CPB: 34.53 )

Campbell Soup Co's days payable increased from Apr. 2015 (34.61) to Apr. 2016 (36.73). 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. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=544/5277*365
=37.63

Campbell Soup Co's Days Payable for the quarter that ended in Apr. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=487/1210*365 / 4
=36.73

* 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

Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15
DaysPayable 59.0955.4249.530.000.0046.2644.200.0035.8237.63

Campbell Soup Co Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
DaysPayable 32.8435.3339.3837.3131.2134.6144.8035.7333.1536.73
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