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Oil-Dri Corp of America (NYSE:ODC)
Days Payable
11.94 (As of Jul. 2014)

Oil-Dri Corp of America's payable for the three months ended in Jul. 2014 was $8.7 Mil. Oil-Dri Corp of America's revenue for the three months ended in Jul. 2014 was $66.0 Mil. Hence, Oil-Dri Corp of America's days payable for the three months ended in Jul. 2014 was 11.94.

Oil-Dri Corp of America's days payable increased from Jul. 2013 (10.99) to Jul. 2014 (11.94). It may suggest that Oil-Dri Corp of America 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.

Oil-Dri Corp of America's Days Payable for the fiscal year that ended in Jul. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=8.663/266.313*365
=11.87

Oil-Dri Corp of America's Days Payable for the quarter that ended in Jul. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=8.663/66.045*91
=11.94

* 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.

Oil-Dri Corp of America Annual Data

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
DaysPayable 10.1613.5110.6413.219.7312.5412.0711.9111.2411.87

Oil-Dri Corp of America Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
DaysPayable 11.7411.6911.429.199.5610.9911.6711.7411.2611.94
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