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Estee Lauder Cos Inc (NYSE:EL)
Days Accounts Payable
87.76 (As of Sep. 2014)

Estee Lauder Cos Inc's accounts payable for the three months ended in Sep. 2014 was $516 Mil. Estee Lauder Cos Inc's cost of goods sold for the three months ended in Sep. 2014 was $537 Mil. Hence, Estee Lauder Cos Inc's days accounts payable for the three months ended in Sep. 2014 was 87.76.

Estee Lauder Cos Inc's days accounts payable increased from Sep. 2013 (77.46) to Sep. 2014 (87.76). It may suggest that Estee Lauder Cos Inc delayed 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.

Estee Lauder Cos Inc'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
=524.5/2158.2*365
=88.70

Estee Lauder Cos Inc's Days Accounts Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=516.1/536.6*365 / 4
=87.76

* 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.

Estee Lauder Cos Inc Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
Days Accts Payable 56.7957.2464.7266.1263.9884.8484.1890.3186.7988.70

Estee Lauder Cos Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Days Accts Payable 102.1371.3755.5479.9492.4277.4677.4093.7889.6687.76
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