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Diamond Foods Inc (NAS:DMND)
Days Payable
32.38 (As of Oct. 2015)

Diamond Foods Inc's payable for the three months ended in Oct. 2015 was $58.2 Mil. Diamond Foods Inc's cost of goods sold for the three months ended in Oct. 2015 was $164.0 Mil. Hence, Diamond Foods Inc's days payable for the three months ended in Oct. 2015 was 32.38.

DMND' s Days Payable Range Over the Past 10 Years
Min: 12.46   Max: 42.03
Current: 34.65

12.46
42.03

During the past 13 years, Diamond Foods Inc's highest Days Payable was 42.03. The lowest was 12.46. And the median was 30.64.

DMND's Days Payable is ranked lower than
60% of the 1070 Companies
in the Global Packaged Foods industry.

( Industry Median: 44.01 vs. DMND: 34.65 )

Diamond Foods Inc's days payable declined from Oct. 2014 (40.11) to Oct. 2015 (32.38). It may suggest that Diamond Foods Inc 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.

Diamond Foods Inc's Days Payable for the fiscal year that ended in Jul. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=59.636/636.171*365
=34.22

Diamond Foods Inc's Days Payable for the quarter that ended in Oct. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=58.192/163.97*365 / 4
=32.38

* 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.

Diamond Foods Inc Annual Data

Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15
DaysPayable 14.0212.4617.9827.0229.0532.2338.3942.0335.9334.22

Diamond Foods Inc Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15
DaysPayable 47.1645.8037.2135.1434.7640.1130.5443.4136.9432.38
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