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Campbell Soup Co (NYSE:CPB)
Days Payable
27.95 (As of Apr. 2014)

Campbell Soup Co's payable for the three months ended in Apr. 2014 was $605 Mil. Campbell Soup Co's revenue for the three months ended in Apr. 2014 was $1,970 Mil. Hence, Campbell Soup Co's days payable for the three months ended in Apr. 2014 was 27.95.

Campbell Soup Co's days payable declined from Apr. 2013 (28.71) to Apr. 2014 (27.95). 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. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=642/8052*365
=29.10

Campbell Soup Co's Days Payable for the quarter that ended in Apr. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=605/1970*91
=27.95

* 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

Jul04Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13
DaysPayable 31.1732.2134.3534.3029.8932.2931.8636.4334.9029.10

Campbell Soup Co Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
DaysPayable 29.4730.4857.7537.3528.2828.7133.9132.3225.4927.95
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