Switch to:
Monster Beverage Corp (NAS:MNST)
Days Payable
45.11 (As of Sep. 2014)

Monster Beverage Corp's payable for the three months ended in Sep. 2014 was $145 Mil. Monster Beverage Corp's cost of goods sold for the three months ended in Sep. 2014 was $294 Mil. Hence, Monster Beverage Corp's days payable for the three months ended in Sep. 2014 was 45.11.

Monster Beverage Corp's days payable declined from Sep. 2013 (52.52) to Sep. 2014 (45.11). 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. 2013 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=119.376/1073.497*365
=40.59

Monster Beverage Corp's Days Payable for the quarter that ended in Sep. 2014 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=145.373/294.052*365 / 4
=45.11

* 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.

Monster Beverage Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysPayable 54.7958.4043.3747.4747.7733.5950.1451.1946.7140.59

Monster Beverage Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysPayable 50.2251.8451.0453.2444.7052.5241.3145.9646.1645.11
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK