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Delhaize Group (Delhaize Group) Days Payable : 45.52 (As of Mar. 2016)


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What is Delhaize Group Days Payable?

Delhaize Group's average Accounts Payable for the three months ended in Mar. 2016 was $2,580 Mil. Delhaize Group's Cost of Goods Sold for the three months ended in Mar. 2016 was $5,173 Mil. Hence, Delhaize Group's Days Payable for the three months ended in Mar. 2016 was 45.52.

The historical rank and industry rank for Delhaize Group's Days Payable or its related term are showing as below:

DEG's Days Payable is not ranked *
in the Retail - Defensive industry.
Industry Median: 43.72
* Ranked among companies with meaningful Days Payable only.

Delhaize Group's Days Payable declined from Mar. 2015 (45.78) to Mar. 2016 (45.52). It may suggest that Delhaize Group accelerated paying its suppliers.

Delhaize Group Days Payable Historical Data

The historical data trend for Delhaize Group's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Delhaize Group Days Payable Chart

Delhaize Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.56 39.40 43.14 48.67 48.41

Delhaize Group Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.78 41.24 42.94 44.78 45.52

Competitive Comparison of Delhaize Group's Days Payable

For the Grocery Stores subindustry, Delhaize Group's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Delhaize Group's Days Payable Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Delhaize Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Delhaize Group's Days Payable falls into.


Delhaize Group Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Delhaize Group's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable (A: Dec. 2015 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2014 ) + Accounts Payable (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (2604.192 + 2734.205) / 2 ) / 20123.094*365
=2669.1985 / 20123.094*365
=48.41

Delhaize Group's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable (Q: Mar. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2015 ) + Accounts Payable (Q: Mar. 2016 )) / count ) / Cost of Goods Sold (Q: Mar. 2016 )*Days in Period
=( (2734.205 + 2426.503) / 2 ) / 5172.606*365 / 4
=2580.354 / 5172.606*365 / 4
=45.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Delhaize Group Days Payable Related Terms

Thank you for viewing the detailed overview of Delhaize Group's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Delhaize Group (Delhaize Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Delhaize Group SA (NYSE:DEG) » Definitions » Days Payable
Comparable Companies
TSE:8028 TSX:WN TSX:MRU TPE:2912 LSE:OCDO XPAR:CA OSTO:ICA SGX:D01 XBRU:COLR TSX:EMP.A OHEL:KESKOA CASY LSE:MRW LSE:SBRY LSE:89VS XPAR:CO IST:BIMAS SHSE:603866 TSX:L WAR:DNP
Traded in Other Exchanges
N/A
Address
Website
http://www.delhaizegroup.com
Delhaize Group SA was founded in Belgium in 1867. It operates food supermarkets. Its conducts its retail operations through its businesses in the United States; Belgium and the Grand Duchy of Luxembourg, collectively as Delhaize Belgium; Greece, Romania and Serbia, collectively as Southeastern Europe; and Indonesia. Its store network also includes other store formats such as proximity, cash and carry and specialty stores. Its competitors include international, national, regional and local supermarket chains, supercenters, independent grocery stores, specialty food stores, warehouse club stores, retail drug chains, convenience stores, membership clubs, general merchandisers, discount retailers and restaurants. Food retail chains generally compete on the basis of location, quality of products, service, price, product variety, store condition and e-commerce offer. The Company's brands include Delhaize, Taste of Inspirations, 365, Care, Delhaize Eco and Delhaize Bio.