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Diageo PLC (NYSE:DEO)
Days Accounts Payable
90.10 (As of Jun. 2014)

Diageo PLC's accounts payable for the six months ended in Jun. 2014 was $1,541 Mil. Diageo PLC's cost of goods sold for the six months ended in Jun. 2014 was $3,121 Mil. Hence, Diageo PLC's days accounts payable for the six months ended in Jun. 2014 was 90.10.

Diageo PLC's days accounts payable declined from Jun. 2013 (91.42) to Jun. 2014 (90.10). It may suggest that Diageo PLC accelerated paying its suppliers.


Definition

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

Diageo PLC's Days Accounts Payable for the fiscal year that ended in Jun. 2014 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=1540.9556314/6875.42662116*365
=81.81

Diageo PLC's Days Accounts Payable for the quarter that ended in Jun. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=1540.9556314/3121.16040956*365 / 2
=90.10

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Accounts Payable, COGS


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Diageo PLC Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
Days Accts Payable 35.4861.7267.8174.70204.26232.86258.32256.8589.7481.81

Diageo PLC Semi-Annual Data

Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13Jun14
Days Accts Payable 235.37241.52246.97267.25267.04264.23259.6491.42252.1890.10
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