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Fortune Brands Home & Security Inc (NYSE:FBHS)
Days Accounts Payable
43.30 (As of Sep. 2014)

Fortune Brands Home & Security Inc's accounts payable for the three months ended in Sep. 2014 was $341 Mil. Fortune Brands Home & Security Inc's cost of goods sold for the three months ended in Sep. 2014 was $719 Mil. Hence, Fortune Brands Home & Security Inc's days accounts payable for the three months ended in Sep. 2014 was 43.30.

Fortune Brands Home & Security Inc's days accounts payable declined from Sep. 2013 (45.80) to Sep. 2014 (43.30). It may suggest that Fortune Brands Home & Security Inc accelerated 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.

Fortune Brands Home & Security Inc's Days Accounts Payable for the fiscal year that ended in Dec. 2013 is calculated as

Days Accounts Payable=Accounts Payable/COGS*Days in Period
=343.8/2718.6*365
=46.16

Fortune Brands Home & Security 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
=341.4/719.4*365 / 4
=43.30

* 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.

Fortune Brands Home & Security Inc Annual Data

Dec09Dec10Dec11Dec12Dec13
Days Accts Payable 0.000.000.000.000.0040.8342.2840.8043.2746.16

Fortune Brands Home & Security Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Days Accts Payable 42.5038.1240.6446.5548.1645.8036.2744.7941.5443.30
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