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Keurig Green Mountain Inc (NAS:GMCR)
Days Payable
27.11 (As of Dec. 2015)

Keurig Green Mountain Inc's payable for the three months ended in Dec. 2015 was $267 Mil. Keurig Green Mountain Inc's cost of goods sold for the three months ended in Dec. 2015 was $898 Mil. Hence, Keurig Green Mountain Inc's days payable for the three months ended in Dec. 2015 was 27.11.

GMCR' s Days Payable Range Over the Past 10 Years
Min: 37.42   Max: 65.5
Current: 33.73

37.42
65.5

During the past 13 years, Keurig Green Mountain Inc's highest Days Payable was 65.50. The lowest was 37.42. And the median was 52.87.

GMCR's Days Payable is ranked lower than
60% of the 1071 Companies
in the Global Packaged Foods industry.

( Industry Median: 43.86 vs. GMCR: 33.73 )

Keurig Green Mountain Inc's days payable declined from Dec. 2014 (39.25) to Dec. 2015 (27.11). It may suggest that Keurig Green Mountain 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.

Keurig Green Mountain Inc'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
=298.609/2912.507*365
=37.42

Keurig Green Mountain Inc's Days Payable for the quarter that ended in Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=266.912/898.424*365 / 4
=27.11

* 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.

Keurig Green Mountain Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
DaysPayable 58.9065.5049.4653.8554.5855.5039.4041.6051.8937.42

Keurig Green Mountain Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
DaysPayable 42.5323.9236.8058.4450.3039.2538.1538.9638.8427.11
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