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The Hershey Co (NYSE:HSY)
Days Payable
41.03 (As of Dec. 2015)

The Hershey Co's payable for the three months ended in Dec. 2015 was $474 Mil. The Hershey Co's cost of goods sold for the three months ended in Dec. 2015 was $1,055 Mil. Hence, The Hershey Co's days payable for the three months ended in Dec. 2015 was 41.03.

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
54% of the 1087 Companies
in the Global Confectioners industry.

( Industry Median: 43.85 vs. HSY: 40.03 )

The Hershey Co's days payable increased from Dec. 2014 (39.17) to Dec. 2015 (41.03). It may suggest that The Hershey Co 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.

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 Dec. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=474.266/1054.862*365 / 4
=41.03

* 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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