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Fortune Brands Home & Security Inc (NYSE:FBHS)
Days Payable
40.12 (As of Sep. 2015)

Fortune Brands Home & Security Inc's payable for the three months ended in Sep. 2015 was $354 Mil. Fortune Brands Home & Security Inc's cost of goods sold for the three months ended in Sep. 2015 was $804 Mil. Hence, Fortune Brands Home & Security Inc's days payable for the three months ended in Sep. 2015 was 40.12.

FBHS' s Days Payable Range Over the Past 10 Years
Min: 40.8   Max: 50.05
Current: 41.91

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 44.21.

FBHS's Days Payable is ranked lower than
66% of the 552 Companies
in the Global Home Furnishings & Fixtures industry.

( Industry Median: 55.90 vs. FBHS: 41.91 )

Fortune Brands Home & Security Inc's days payable declined from Sep. 2014 (45.17) to Sep. 2015 (40.12). It may suggest that Fortune Brands Home & Security 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.

Fortune Brands Home & Security Inc's Days Payable for the fiscal year that ended in Dec. 2014 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=333.8/2646.7*365
=46.03

Fortune Brands Home & Security 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
=353.6/804.3*365 / 4
=40.12

* 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

Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 0.000.000.0040.8342.3840.8050.0547.7146.0341.91

Fortune Brands Home & Security Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 45.8051.7749.1446.3145.1743.6547.1342.6340.1239.04
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