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The Hershey Co (NYSE:HSY)
Days Payable
39.37 (As of Mar. 2016)

The Hershey Co's payable for the three months ended in Mar. 2016 was $436 Mil. The Hershey Co's cost of goods sold for the three months ended in Mar. 2016 was $1,011 Mil. Hence, The Hershey Co's days payable for the three months ended in Mar. 2016 was 39.37.

HSY' s Days Payable Range Over the Past 10 Years
Min: 18.45   Max: 46.04
Current: 40.03

18.45
46.04

During the past 13 years, The Hershey Co's highest Days Payable was 46.04. The lowest was 18.45. And the median was 42.85.

HSY's Days Payable is ranked lower than
53% of the 1070 Companies
in the Global Confectioners industry.

( Industry Median: 44.01 vs. HSY: 40.03 )

The Hershey Co's days payable declined from Mar. 2015 (39.52) to Mar. 2016 (39.37). It may suggest that The Hershey Co 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.

The Hershey Co's Days Payable for the fiscal year that ended in Dec. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=474.266/4003.951*365
=43.23

The Hershey Co's Days Payable for the quarter that ended in Mar. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=436.343/1011.436*365 / 4
=39.37

* 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.

The Hershey Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 18.4524.5526.9832.3846.0443.2042.6343.5843.0643.23

The Hershey Co Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysPayable 38.3242.4349.2843.3139.1739.5245.8138.3041.0339.37
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