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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.
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
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|
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Diageo PLC Annual Data
|Days Accts Payable||35.48||61.72||67.81||74.70||204.26||232.86||258.32||256.85||89.74||81.81|
Diageo PLC Semi-Annual Data
|Days Accts Payable||235.37||241.52||246.97||267.25||267.04||264.23||259.64||91.42||252.18||90.10|