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

Monster Beverage Corp's payable for the three months ended in Jun. 2014 was $169 Mil. Monster Beverage Corp's revenue for the three months ended in Jun. 2014 was $687 Mil. Hence, Monster Beverage Corp's days payable for the three months ended in Jun. 2014 was 22.33.

Monster Beverage Corp's days payable increased from Jun. 2013 (22.20) to Jun. 2014 (22.33). It may suggest that Monster Beverage Corp 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.

Monster Beverage Corp's Days Payable for the fiscal year that ended in Dec. 2012 is calculated as

Days Payable=Payable/Revenue*Days in Period
=132.8/2060.702*365
=23.52

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

Days Payable=Payable/Revenue*Days in Period
=168.615/687.199*91
=22.33

* 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 29.4327.8420.7025.4522.8715.8424.2426.6723.5220.92

Monster Beverage Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
DaysPayable 34.1024.6126.0725.6328.1922.2033.3621.6629.1122.33
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