Switch to:
Starbucks Corp (FRA:SRB)
Days Payable
29.93 (As of Jun. 2016)

Starbucks Corp's payable for the three months ended in Jun. 2016 was €601 Mil. Starbucks Corp's cost of goods sold for the three months ended in Jun. 2016 was €1,834 Mil. Hence, Starbucks Corp's days payable for the three months ended in Jun. 2016 was 29.93.

FRA:SRB' s Days Payable Range Over the Past 10 Years
Min: 19.77   Max: 40.1
Current: 29.93

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 25.27.

FRA:SRB's Days Payable is ranked lower than
62% of the 238 Companies
in the Global Restaurants industry.

( Industry Median: 35.97 vs. FRA:SRB: 29.93 )

Starbucks Corp's days payable increased from Jun. 2015 (28.17) to Jun. 2016 (29.93). It may suggest that Starbucks Corp 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.

Starbucks Corp's Days Payable for the fiscal year that ended in Sep. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=609.640915976/6938.87552348*365
=32.07

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

Days Payable=Payable/Cost of Goods Sold*Days in Period
=601.370594518/1833.65966536*365 / 4
=29.93

* 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.

Starbucks Corp Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 20.3119.7725.5322.5423.3640.1025.0028.1228.4032.07

Starbucks Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 26.4725.3028.2625.1029.5028.1731.4927.0530.0829.93
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)
FEEDBACK