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GuruFocus has detected 6 Warning Signs with Kellogg Co $K.
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Kellogg Co (NYSE:K)
Days Payable
86.65 (As of Dec. 2016)

Kellogg Co's payable for the three months ended in Dec. 2016 was $2,014 Mil. Kellogg Co's cost of goods sold for the three months ended in Dec. 2016 was $2,121 Mil. Hence, Kellogg Co's days payable for the three months ended in Dec. 2016 was 86.65.

K' s Days Payable Range Over the Past 10 Years
Min: 53.94   Max: 89.01
Current: 89.01

53.94
89.01

During the past 13 years, Kellogg Co's highest Days Payable was 89.01. The lowest was 53.94. And the median was 59.03.

K's Days Payable is ranked higher than
77% of the 937 Companies
in the Global Packaged Foods industry.

( Industry Median: 45.63 vs. K: 89.01 )

Kellogg Co's days payable increased from Dec. 2015 (79.82) to Dec. 2016 (86.65). It may suggest that Kellogg 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.

Kellogg Co's Days Payable for the fiscal year that ended in Dec. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2014/8259*365
=89.01

Kellogg Co's Days Payable for the quarter that ended in Dec. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=2014/2121*365 / 4
=86.65

* 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.

Kellogg Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysPayable 59.8155.5754.7259.4553.9458.4060.1558.6078.7089.01

Kellogg Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysPayable 57.0052.4660.6964.3270.0979.8281.7490.7991.0786.65
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