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Starbucks Corp (FRA:SRB)
Days Payable
29.57 (As of Sep. 2016)

Starbucks Corp's payable for the three months ended in Sep. 2016 was €651 Mil. Starbucks Corp's cost of goods sold for the three months ended in Sep. 2016 was €2,009 Mil. Hence, Starbucks Corp's days payable for the three months ended in Sep. 2016 was 29.57.

FRA:SRB' s Days Payable Range Over the Past 10 Years
Min: 19.77   Max: 40.1
Current: 31.33

19.77
40.1

During the past 13 years, Starbucks Corp's highest Days Payable was 40.10. The lowest was 19.77. And the median was 26.83.

FRA:SRB's Days Payable is ranked lower than
57% of the 241 Companies
in the Global Restaurants industry.

( Industry Median: 36.28 vs. FRA:SRB: 31.33 )

Starbucks Corp's days payable declined from Sep. 2015 (31.49) to Sep. 2016 (29.57). It may suggest that Starbucks Corp 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.

Starbucks Corp's Days Payable for the fiscal year that ended in Sep. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=650.984585227/7583.62291722*365
=31.33

Starbucks Corp's Days Payable for the quarter that ended in Sep. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=650.984585227/2008.5538626*365 / 4
=29.57

* 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.

Starbucks Corp Annual Data

Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15Sep16
DaysPayable 19.7725.5322.5423.3640.1025.0028.1228.4032.0731.33

Starbucks Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysPayable 25.3028.2625.1029.5028.1731.4927.0530.0829.9329.57
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