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Oil-Dri Corp of America (NYSE:ODC)
Days Payable
52.59 (As of Jul. 2016)

Oil-Dri Corp of America's payable for the six months ended in Jul. 2016 was $6.6 Mil. Oil-Dri Corp of America's cost of goods sold for the six months ended in Jul. 2016 was $46.1 Mil. Hence, Oil-Dri Corp of America's days payable for the six months ended in Jul. 2016 was 26.30.

ODC' s Days Payable Range Over the Past 10 Years
Min: 10.36   Max: 14.68
Current: 13.08

10.36
14.68

During the past 13 years, Oil-Dri Corp of America's highest Days Payable was 14.68. The lowest was 10.36. And the median was 13.31.

ODC's Days Payable is ranked lower than
92% of the 829 Companies
in the Global Specialty Chemicals industry.

( Industry Median: 49.64 vs. ODC: 13.08 )

Oil-Dri Corp of America's days payable declined from Jan. 2016 (60.73) to Jul. 2016 (52.59). It may suggest that Oil-Dri Corp of America 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.

Oil-Dri Corp of America's Days Payable for the fiscal year that ended in Jul. 2016 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6.635/185.164*365
=13.08

Oil-Dri Corp of America's Days Payable for the quarter that ended in Jul. 2016 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=6.635/46.05*365 / 2
=26.30

* 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.

Oil-Dri Corp of America Annual Data

Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15Jul16
DaysPayable 13.5614.6810.3613.9713.1513.4612.8512.9813.4713.08

Oil-Dri Corp of America Semi-Annual Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
DaysPayable 48.4250.0039.0945.7344.3355.5658.5460.7347.9752.59
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