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The Estee Lauder Companies Inc (NYSE:EL)
Days Payable
81.35 (As of Sep. 2015)

The Estee Lauder Companies Inc's payable for the three months ended in Sep. 2015 was $515 Mil. The Estee Lauder Companies Inc's cost of goods sold for the three months ended in Sep. 2015 was $577 Mil. Hence, The Estee Lauder Companies Inc's days payable for the three months ended in Sep. 2015 was 81.35.

EL' s Days Payable Range Over the Past 10 Years
Min: 57.24   Max: 110.41
Current: 87.72

57.24
110.41

During the past 13 years, The Estee Lauder Companies Inc's highest Days Payable was 110.41. The lowest was 57.24. And the median was 84.51.

EL's Days Payable is ranked higher than
80% of the 1057 Companies
in the Global Household & Personal Products industry.

( Industry Median: 43.24 vs. EL: 87.72 )

The Estee Lauder Companies Inc's days payable declined from Sep. 2014 (87.76) to Sep. 2015 (81.35). It may suggest that The Estee Lauder Companies 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.

The Estee Lauder Companies Inc's Days Payable for the fiscal year that ended in Jun. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=635.4/2100.6*365
=110.41

The Estee Lauder Companies Inc's Days Payable for the quarter that ended in Sep. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=514.6/577.2*365 / 4
=81.35

* 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.

The Estee Lauder Companies Inc Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
DaysPayable 57.2464.7266.1263.9884.8484.1890.3186.7988.70110.41

The Estee Lauder Companies Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysPayable 92.4277.4677.4093.7889.6687.7678.8190.31118.8181.35
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