Switch to:
Fortune Brands Home & Security Inc (NYSE:FBHS)
Days Payable
28.39 (As of Dec. 2013)

Fortune Brands Home & Security Inc's payable for the three months ended in Dec. 2013 was $344 Mil. Fortune Brands Home & Security Inc's revenue for the three months ended in Dec. 2013 was $1,102 Mil. Hence, Fortune Brands Home & Security Inc's days payable for the three months ended in Dec. 2013 was 28.39.

Fortune Brands Home & Security Inc's days payable increased from Dec. 2012 (27.55) to Dec. 2013 (28.39). 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. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=343.8/4157.4*365
=30.18

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

Days Payable=Payable/Revenue*Days in Period
=343.8/1101.9*91
=28.39

* 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.

Fortune Brands Home & Security Inc Annual Data

Dec09Dec10Dec11Dec12Dec13
DaysPayable 0.000.000.000.000.0028.5828.5428.5929.1730.18

Fortune Brands Home & Security Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysPayable 86.6327.0829.0228.0025.3827.5530.7730.6227.8628.39
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide