Switch to:
Flowers Foods Inc (NYSE:FLO)
Days Accounts Payable
30.43 (As of Sep. 2014)

Flowers Foods Inc's accounts payable for the three months ended in Sep. 2014 was $148 Mil. Flowers Foods Inc's cost of goods sold for the three months ended in Sep. 2014 was $443 Mil. Hence, Flowers Foods Inc's days accounts payable for the three months ended in Sep. 2014 was 30.43.

Flowers Foods Inc's days accounts payable declined from Sep. 2013 (30.65) to Sep. 2014 (30.43). It may suggest that Flowers Foods 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.

Flowers Foods 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
=151.935/1972.221*365
=28.12

Flowers Foods 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
=147.702/442.978*365 / 4
=30.43

* 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.

Flowers Foods Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Days Accts Payable 34.6135.5034.9634.5333.7324.3427.6628.5334.7328.12

Flowers Foods Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
Days Accts Payable 28.8631.7035.9623.7330.6930.6530.9824.0929.7630.43
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