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CSS Industries Inc (NYSE:CSS)
Days Payable
36.39 (As of Sep. 2016)

CSS Industries Inc's payable for the three months ended in Sep. 2016 was $27.8 Mil. CSS Industries Inc's cost of goods sold for the three months ended in Sep. 2016 was $69.7 Mil. Hence, CSS Industries Inc's days payable for the three months ended in Sep. 2016 was 36.39.

CSS' s Days Payable Range Over the Past 10 Years
Min: 11.31   Max: 47.85
Current: 47.85

11.31
47.85

During the past 13 years, CSS Industries Inc's highest Days Payable was 47.85. The lowest was 11.31. And the median was 20.03.

CSS's Days Payable is ranked lower than
55% of the 653 Companies
in the Global Specialty Retail industry.

( Industry Median: 52.13 vs. CSS: 47.85 )

CSS Industries Inc's days payable increased from Sep. 2015 (33.64) to Sep. 2016 (36.39). It may suggest that CSS Industries Inc 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.

CSS Industries Inc's Days Payable for the fiscal year that ended in Mar. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=14.463/214.746*365
=24.58

CSS Industries Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=27.79/69.691*365 / 4
=36.39

* 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.

CSS Industries Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysPayable 11.3118.4914.6921.1734.6023.0818.8917.9122.3124.58

CSS Industries Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 46.1735.5024.2330.7647.2733.6423.2933.0845.7536.39
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