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

Diageo PLC's payable for the six months ended in Jun. 2014 was $1,528 Mil. Diageo PLC's cost of goods sold for the six months ended in Jun. 2014 was $3,095 Mil. Hence, Diageo PLC's days payable for the six months ended in Jun. 2014 was 90.10.

Diageo PLC's days payable declined from Jun. 2013 (91.63) to Jun. 2014 (90.10). It may suggest that Diageo PLC 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.

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1527.91878173/6817.25888325*365
=81.81

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=1527.91878173/3094.75465313*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

Revenue


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
DaysPayable 63.8161.7267.81241.05203.64232.86258.3292.3989.8481.81

Diageo PLC Semi-Annual Data

Dec09Jun10Dec10Jun11Dec11Jun12Dec12Jun13Dec13Jun14
DaysPayable 235.37241.52246.97267.25267.0495.04262.5291.63252.1890.10
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