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Fortune Brands Home & Security Inc (NYSE:FBHS)
Days Payable
41.23 (As of Sep. 2016)

Fortune Brands Home & Security Inc's payable for the three months ended in Sep. 2016 was $362 Mil. Fortune Brands Home & Security Inc's cost of goods sold for the three months ended in Sep. 2016 was $801 Mil. Hence, Fortune Brands Home & Security Inc's days payable for the three months ended in Sep. 2016 was 41.23.

FBHS' s Days Payable Range Over the Past 10 Years
Min: 40.8   Max: 50.05
Current: 41.84

40.8
50.05

During the past 7 years, Fortune Brands Home & Security Inc's highest Days Payable was 50.05. The lowest was 40.80. And the median was 42.38.

FBHS's Days Payable is ranked lower than
61% of the 533 Companies
in the Global Home Furnishings & Fixtures industry.

( Industry Median: 50.63 vs. FBHS: 41.84 )

Fortune Brands Home & Security Inc's days payable increased from Sep. 2015 (40.12) to Sep. 2016 (41.23). It may suggest that Fortune Brands Home & Security Inc delayed 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.

Fortune Brands Home & Security Inc's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=344.2/2997.5*365
=41.91

Fortune Brands Home & Security Inc's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=361.9/801*365 / 4
=41.23

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Fortune Brands Home & Security Inc Annual Data

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.0040.8342.3840.8050.0547.7146.0341.91

Fortune Brands Home & Security Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 46.3145.1743.6547.1342.6340.1239.0445.5940.5941.23
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