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Monster Beverage Corp (NAS:MNST)
Days Payable
53.95 (As of Jun. 2016)

Monster Beverage Corp's payable for the three months ended in Jun. 2016 was $183 Mil. Monster Beverage Corp's cost of goods sold for the three months ended in Jun. 2016 was $310 Mil. Hence, Monster Beverage Corp's days payable for the three months ended in Jun. 2016 was 53.95.

MNST' s Days Payable Range Over the Past 10 Years
Min: 33.59   Max: 60.75
Current: 60.75

33.59
60.75

During the past 13 years, Monster Beverage Corp's highest Days Payable was 60.75. The lowest was 33.59. And the median was 47.09.

MNST's Days Payable is ranked higher than
60% of the 67 Companies
in the Global Beverages - Soft Drinks industry.

( Industry Median: 54.13 vs. MNST: 60.75 )

Monster Beverage Corp's days payable declined from Jun. 2015 (59.39) to Jun. 2016 (53.95). It may suggest that Monster Beverage Corp 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.

Monster Beverage Corp'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
=144.763/1090.263*365
=48.46

Monster Beverage 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
=183.084/309.674*365 / 4
=53.95

* 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.

Monster Beverage Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysPayable 43.3747.4747.7733.5950.1451.1946.7140.5941.4148.46

Monster Beverage Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysPayable 45.9646.1645.1142.5459.3859.3974.6354.5765.0353.95
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